November 22, 2021. The Court in the Jeld-Wen securities matter (Eastern District of Virginia) approved a $40 million class action settlement and plan of allocation. Plaintiffs alleged that Jeld-Wen failed to disclose its intentional anticompetitive conduct that violated federal antitrust law. Professor Steven Feinstein of Babson College and Crowninshield Financial Research provided expert analysis and testimony on market efficiency, loss causation, and damages. Crowninshield Financial Research also consulted on the plan of allocation.
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