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Lawsuit Suit filed against Jeld-Wen

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Posted: Friday, February 1, 2013 12:00 am | Updated: 10:01 am, Fri Feb 1, 2013.

Three former Jeld-Wen employees have filed a lawsuit against the company, alleging that a 2010 amendment to the company’s retirement benefit plan unlawfully cost them hundreds of thousands of dollars in retirement payouts.

The lawsuit, filed in the U.S. District Court in Medford on Wednesday, alleges changes to Jeld-Wen’s Employee Stock Ownership Plan resulted in a collective loss of value approaching $650,000.

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