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Steves Wins Preliminary Injunction Against JELD-WEN in New Lawsuit, Requiring JELD-WEN to Comply With Doorskin Supply Agreement; Judge Cited “Substantial Likelihood, Amounting to a Near Ce...

JELD-WEN Holding, Inc. (JELD) 
Last jeld-wen holding, inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.jeld-wen.com
Company Research Source: Business Wire
SAN ANTONIO--(BUSINESS WIRE)--On February 14, 2020, Steves and Sons, Inc. (www.StevesDoors.com) filed a second lawsuit against JELD-WEN, Inc. (NYSE: JELD) in federal court in Richmond, Virginia. In the new suit, Steves alleges that JELD-WEN continues to violate federal antitrust laws, that it has tortiously interfered with Steves’ current and prospective business relationships and has again breached the parties’ long-term doorskin Supply Agreement.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200413005171/en/In an 81-page opinion issued April 10, Judge Robert E. Payne granted Steves’ request for a Preliminary Injunction, ending JELD-WEN’s arbitrary “allocation” of doorskins to Steves and ordering JELD-WEN to honor its doorskin Supply Agreement with Steves. Judge Payne also ordered JELD-WEN to deliver more than 1 million doorskins ordered by Steves since November 1, 2019 but which JELD-WEN had refused to deliver.Signifi Show less Read more
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