Jeld-Wen windows may have defects in the way they seal and allow water to seep in, which can cause premature rotting of wood frames. Furthermore, the company’s financial state has been rocky in recent years. Its assets rose to $720 million in 2006 but then fell to just $335 million in 2011. These financial woes have had a major impact on the company’s employees and pension plans, making it an attractive target for a Jeld-Wen windows lawsuit.
Jeld-Wen has been in a class-action lawsuit with Steves & Sons
A Texas-based door manufacturer, Steves & Sons, has sued Jeld-Wen Windows for allegedly overcharging the company for the molded door skins it supplied to its customers. In a recent court ruling, a federal judge ruled that Jeld-Wen Windows allegedly violated a contract with Steves by overcharging for the molded door skins. Further, the court found that Jeld-Wen violated Section 7 of the Clayton Act, which was passed in 1914. Essentially, this Act prohibits certain business practices that may lead to monopolies or reduce competition.
According to the lawsuit, JELD-WEN increased prices on its products from Steves in 2013 and 2014, and then again in 2015. The company also began selling doorskin styles that did not exist prior to the contract, which led to a significant increase in prices. Steves claims that JELD-WEN also cheated by fixing prices, which injured consumers.
It has been in a price-fixing lawsuit with Masonite
A lawsuit involving the two window manufacturers has recently led to a settlement agreement. The two companies are paying out $28 million to the Class of direct and indirect buyers. However, Masonite maintains that they did not violate the antitrust laws and were simply trying to save money. The companies are also denying any liability for the claims made against them. While this lawsuit will likely result in further litigation, the settlement does have some positive aspects for consumers.
The price-fixing lawsuit against JELD-WEN has also sparked an inquiry into the pricing of its windows and doors. The company says that it had a price advantage over other competitors and a competitive advantage when it competed with Masonite for door skins. The lawsuit also suggests that the companies may have been colluding on prices to compete with Masonite.
It has been sued for breach of contract
The case involves allegations that the manufacturer of Jeld-Wen windows and doors engaged in price-fixing. The class-action suit, filed in the U.S. District Court for the Eastern District of Virginia, charges that Jeld-Wen executives engaged in price-fixing and made false statements about the competitive nature of their business. The company has also been sued for making false statements about its stock trading at inflated prices. It is unclear how this case will play out.
PPG Industries, a manufacturer of window and door hardware, filed a lawsuit against Jeld-Wen in May, alleging that the company breached a license agreement. In the agreement, PPG gave Jeld-Wen certain rights in exchange for royalties but failed to pay those royalties. The suit alleged damages totaling more than $75,000, exclusive of costs and interest.
It has been sued for implied warranty
A class action lawsuit filed against Jeld-Wen windows alleges that the windows are defective, due to a flaw in the Reichhold resin used to assemble the frames. While the company concedes that the windows will break, it claims that the individual customers are responsible for the cost of replacement windows. They also allege breach of the implied warranty of merchantability and fitness for a particular purpose. In addition, the class action plaintiffs claim that Jeld-Wen violated the Florida Deceptive and Unfair Trade Practices Act and are guilty of unjust enrichment under D.E. 83.
The class action suit was filed in California after the manufacturer failed to address concerns about the defective window glass. The manufacturer then contacted some customers to offer them a repair or replacement. However, it later decided to postpone the repair program. After receiving complaints, Jeld-Wen wrote them a letter stating that they might be part of a class action and that they were not entitled to the repairs.