Jeld-Wen awarded USD 1.2 million in lawsuit

  Legal news

Jeld-Wen has been awarded USD 1.2 million in damages in a lawsuit with Steves & Sons over the possible misappropriation of trade secrets.

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Jeld-Wen has been awarded USD 1.2 million in damages in a lawsuit with Steves & Sons
A jury in a federal court in Virginia has awarded Jeld-Wen USD 1.2 million in damages in a lawsuit with Steves & Sons over the possible misappropriation of trade secrets. The company had sought nearly USD 40 million in damages.
The case arose following an antitrust lawsuit earlier this year in which a court ruled that Jeld-Wen had to pay Steves & Sons USD 58.6 million in damages because it overcharged Steves for moulded door skins.
In February, a jury in the U.S. District Court for the Eastern District of Virginia in Richmond found that Jeld-Wen had violated its contract with Steves, as well as Section 7 of the Clayton Act, when it acquired a former competitor, CraftMaster, in 2012. (Section 7 of Clayton Act prohibits one company from buying another if the acquisition would reduce competition in an industry.) Because of the Clayton Act violation, the damages are tripled, meaning Jeld-Wen could be forced to pay Steves USD 170 million. Jeld-Wen is appealing that ruling.
The latest legal outcome is related to the earlier case.
According to court documents, during the process of litigating the previous lawsuit, Jeld-Wen filed a counterclaim against Steves “to address … Steves’ theft of Jeld-Wen trade secrets and confidential information.”
Jeld-Wen claimed in the countersuit that Steves and two former Jeld-Wen employees “had engaged in a conspiracy and had stolen trade secrets … respecting how to build and operate a door skin plant that could produce products of the type that S...
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