San Diego, CA — 04/26/2018 — An investigation was announced over potential securities laws violations by JELD-WEN Holding, Inc and certain of its directors and officers.
The investigation by a law firm focuses on whether a series of statements by JELD-WEN Holding, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Charlotte, NC. based JELD-WEN Holding, Inc. went public in Janaury 2017. Shares of JELD-WEN Holding, Inc. (NYSE: JELD) reached as high as $42.27 per share in early 2018.
On February 21, 2018, JELD-WEN Holding, Inc. announced its fourth quarter and full year 2017 financial results and provided its 2018 outlook. JELD-WEN Holding, Inc. reported that its Net Revenues rose from over $3.66 billion in 2016 to over $3.76 billion in 2017 and that its Net Income declined from $377.20 million in 2016 to $10.80 million in 2017.
Shares of JELD-WEN Holding, Inc. (NYSE: JELD) declined to as low as $28.95 per share on April 2, 2018.
Those who purchased shares of JELD-WEN Holding, Inc. (NYSE: JELD) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North – Suite 423
92108 San Diego