Thieler Law Corp advises investors with losses exceeding $100,000 of the April 20, 2020 lead plaintiff deadline in a class action lawsuit filed against JELD-WEN Holding, Inc. (NYSE: JELD) (“JELD-WEN” or “the Company”). The suit is pending in the U.S. District Court for the Eastern District of Virginia and investors, who purchased JELD-WEN Holding Inc securities between January 26, 2017 and October 15, 2018, have until April 20, 2020 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased JELD-WEN Holding Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Jeld-Wen products, including doors, compete against other manufacturers on price, and described the market in which the Company sells its doors as "highly competitive"; and Jeld-Wen's strong margins and anticipated margin growth were attributed to legitimate business factors, such as "making strategic pricing decisions based on an analysis of customer and product level profitability" and increasing its emphasis on "pricing optimization." These and similar statements made by defendants during the Class Period were false and misleading because defendants knew that Jeld-Wen was engaged in a price-fixing conspiracy with another door manufacturer to artificially increase or maintain prices of interior molded doors.

On October 15, 2018, the Company revealed a $76.5 million charge for third quarter 2018 related to ongoing litigation concerning Jeld-Wen’s anticompetitive behavior. The Company also revealed the resignation of its Chief Financial Officer, Brooks Mallard.

Following this news, NYSE: JELD fell $4.03, or 19%, to close at $17.28 per share on October 16, 2018.

If you were negatively impacted by your investment in JELD-WEN Holding Inc securities between January 26, 2017 and October 15, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

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