Direct purchasers may be entitled to compensation as a result of this litigation.
This lawsuit alleges that the Defendants, JELD-WEN Inc and Masonite Corporation, conspired to fix prices of Interior Molded Doors, or IMDS, in the United States, in violation of the United States antitrust laws. IMDS are a type of interior door made by sandwiching a wood frame and a hollow or solid core between two doorskins composed of a high-density fibrous mat and formed into a raised panel design. For purposes of the $56 million settlement, IMDS include slabs, which may be sold as a single slab or as “bifolds," as well as pre-hung doors, which consist of an IMD slab affixed to a door frame. Defendants have agreed to pay a total of $61,600,000 ($30,800,000 each). A portion of these funds will be used to pay the costs associated with notifying potential members of the class of the settlement, litigation expenses and attorneys fees. Class members would receive a pro rata portion of what remains after these costs are paid, based on the dollar amounts of such claimants' purchases of IMDS from Defendants between October 19, 2014 and December 31, 2018. A valid and timely claim must be filed to participate in the settlement.
All persons and companies that, between October 19, 2014 and December 31, 2018 ("Settlement Class Period"), purchased interior molded door slabs or pre-hung interior molded doors in the United States directly from JELD-WEN, Inc. (“JELD-WEN") or Masonite Corporation (“Masonite") (collectively, “Defendants").
Upon court approval, the proceeds of the Net Settlement Fund (funds available after attorneys fees and case expenses) will be distributed to approved claimants on a pro rata basis, based on the dollar amounts of such claimants' purchases of IMDs from Defendants between October 19, 2014 and December 31, 2018.
JELD-WEN, Inc.
Masonite Corporation
JELD-WEN, Inc. $28,000,000
Masonite Corporation $28,000,000
Excluded from the settlement class are Defendants, their parent companies, subsidiaries and affiliates, and federal governmental entities and instrumentalities of the federal government and any judicial officer presiding over the class action, and any member of his or her immediate family and judicial staff.
Interior molded doors, aka IMDs, means interior doors made by sandwiching a wood frame and a hollow or solid core between two doorskins composed of a high-density fibrous mat and formed into a raised panel design. IMDs includes slabs, which may be sold as a single slab door or as a bifold door as well as pre-hung doors.
Disclaimer
Claim forms are not yet available from the Class Administrator. Class members are not required to sign up with any third-party service in order to participate in the monetary relief, but may instead file their claim directly with the Class Administrator. No-cost assistance will be available from the Class Administrator and Class Counsel during the claims-filing period. For additional information class members may visit court approved website for this case, once available.
(727) 436-2274