INTERIOR MOLDED DOORS CLASS ACTION SETTLEMENT
$75,500,000 in settlements have been reached in a class action alleging that Jeld-Wen and Masonite, the manufacturers of approximately 85% of interior molded doors (“IMDs”) in the United States, conspired to fix prices of IMDs in violation of US antitrust laws.
IMDs simulate the aesthetic of solid wood doors at lower prices. They are the most common type of interior doors in American commercial and residential structures. Settlements have been reached on behalf of direct and indirect purchasers:
The $56,000,000 direct settlement fund will compensate all persons and companies that, between October 19, 2014 and December 31, 2018, purchased IMD slags or pre-hung IMDs directly from Jeld-Wen and/or Masonite. The settlement will be disbursed pro rata. A claims process is expected to get underway if and when the settlement receives final approval.
The $19,500,000 indirect settlement fund will compensate all persons and entities, that between March 1, 2014 – September 4, 2020, purchased one or more standalone IMDs that were manufactured or sold by either defendant and that were not purchased for resale in Arizona, Arkansas, California, Florida, Hawaii, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, New Hampshire, New York, North Carolina, North Dakota, Oregon, South Carolina, Tennessee, Utah, West Virginia, and Wisconsin.
With respect to this settlement, standalone IMDs include all IMDs, whether single, bifold, and pre-hung IMDs that are not purchased as part of a larger home. For example, a company would be eligible if it purchased IMDs to install in a structure that it later sold as part of a remodeling project, but a company would be ineligible if its purchase of IMDs was merely tangential to its purchase of a larger structure or service.
The settlement fund will be disbursed pro rata amongst all claimants who file a valid claims form before a proposed deadline of April 6, 2021.
Class Action Capital specializes in the research, data collection, and claim filing of complex class action settlements. Our expertise enables us to save nearly all of the time and effort required in the claims process on your end. There is no upfront cost and we are simply paid a percent of what we are able to collect.