{"id":386307,"date":"2020-11-20T22:53:25","date_gmt":"2020-11-21T03:53:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386307"},"modified":"2020-11-20T22:53:25","modified_gmt":"2020-11-21T03:53:25","slug":"jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/","title":{"rendered":"JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nJELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD\n<\/p>\n<p>NEW ORLEANS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFormer Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into JELD-WEN Holding, Inc. (NYSE: JELD).\n<\/p>\n<p>\nOn February 15, 2018, a jury found the Company guilty of U.S. antitrust law violations and awarded the plaintiff treble damages totaling approximately $174 million. Then, on February 28, 2018, the Company announced the sudden resignation of its President and CEO. Then, on October 15, 2018, after previously downplaying its exposure in the antitrust litigation, the Company disclosed that it would be taking a $76.5 million charge related to an expected judgment in the case, and further announced the sudden resignation of its Chief Financial Officer.\n<\/p>\n<p>\nThe Company has been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws. Recently, the court in that case denied the Company\u2019s motion to dismiss, allowing the case to move forward.\n<\/p>\n<p>\nKSF\u2019s investigation is focusing on whether JELD-WEN\u2019s officers and\/or directors breached their fiduciary duties to JELD-WEN\u2019s shareholders or otherwise violated state or federal laws.\n<\/p>\n<p>\nIf you have information that would assist KSF in its investigation, or have been a long-term holder of JELD-WEN shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (<a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a>), or visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-jeld%2F&amp;esheet=52333979&amp;newsitemid=20201120005749&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.ksfcounsel.com%2Fcases%2Fnyse-jeld%2F&amp;index=1&amp;md5=9174608b805b95a1056f58a11bb3d7ee\">https:\/\/www.ksfcounsel.com\/cases\/nyse-jeld\/<\/a> to learn more.\n<\/p>\n<p>\nAbout Kahn Swick &amp; Foti, LLC\n<\/p>\n<p>\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n<p>\nTo learn more about KSF, you may visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ksfcounsel.com&amp;esheet=52333979&amp;newsitemid=20201120005749&amp;lan=en-US&amp;anchor=www.ksfcounsel.com&amp;index=2&amp;md5=592c5bc428bc279139f0461b264c414a\">www.ksfcounsel.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005749r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201120005749\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201120005749\/en\/<\/a><\/span><\/p>\n<p>\nKahn Swick &amp; Foti, LLC<br \/>\n<br \/>Lewis Kahn, 1-877-515-1850<br \/>\n<br \/>Managing Partner<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:lewis.kahn@ksfcounsel.com\">lewis.kahn@ksfcounsel.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Louisiana United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201120005749\/en\/752156\/3\/logo-square-pr.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into JELD-WEN Holding, Inc. (NYSE: JELD). On February 15, 2018, a jury found the Company guilty of U.S. antitrust law violations and awarded the plaintiff treble damages totaling approximately $174 million. Then, on February 28, 2018, the Company announced the sudden resignation of its President and CEO. Then, on October 15, 2018, after previously downplaying its exposure in the antitrust litigation, the Company &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386307","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. - JELD - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. - JELD - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD NEW ORLEANS&#8211;(BUSINESS WIRE)&#8211; Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into JELD-WEN Holding, Inc. (NYSE: JELD). On February 15, 2018, a jury found the Company guilty of U.S. antitrust law violations and awarded the plaintiff treble damages totaling approximately $174 million. Then, on February 28, 2018, the Company announced the sudden resignation of its President and CEO. Then, on October 15, 2018, after previously downplaying its exposure in the antitrust litigation, the Company &hellip; Continue reading &quot;JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-21T03:53:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005749r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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Foti, Jr., Esq., a partner at the law firm of Kahn Swick &amp; Foti, LLC (\u201cKSF\u201d), announces that KSF has commenced an investigation into JELD-WEN Holding, Inc. (NYSE: JELD). On February 15, 2018, a jury found the Company guilty of U.S. antitrust law violations and awarded the plaintiff treble damages totaling approximately $174 million. Then, on February 28, 2018, the Company announced the sudden resignation of its President and CEO. Then, on October 15, 2018, after previously downplaying its exposure in the antitrust litigation, the Company &hellip; Continue reading \"JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; Foti, LLC Investigates the Officers and Directors of JELD-WEN Holding, Inc. &#8211; JELD\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-21T03:53:25+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201120005749r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/jeld-wen-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-foti-llc-investigates-the-officers-and-directors-of-jeld-wen-holding-inc-jeld-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"JELD-WEN INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick &amp; 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