Doormaker's Investors Win Cert. In Suit Over Antitrust Scheme

By Matthew Perlman (March 30, 2021, 5:47 PM EDT) -- A Virginia federal court has certified a class of investors alleging that doormaker Jeld-Wen Inc. manipulated its stock price by concealing that it had violated antitrust law through an anti-competitive merger and other conduct.

U.S. District Judge John A. Gibney Jr. issued an order Monday certifying a class of Jeld-Wen investors and appointing Robbins Geller Rudman & Dowd LLP and Labaton Sucharow LLP to serve as class counsel, with Cohen Milstein Sellers & Toll PLLC serving as liaison counsel.

The judge said in an opinion for the order that among Jeld-Wen's arguments against certification was that an October 2018 announcement contained no...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!