Masonite(US:DOOR) Globenewswire·2026-02-10 17:00Core Viewpoint - A class action lawsuit has been filed against Masonite International Corporation and certain officers for alleged violations of federal securities laws during the specified class period from June 5, 2023, to February 8, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Masonite securities during the class period [2]. - The complaint alleges that Masonite received multiple formal acquisition offers from Owens Corning at prices significantly above the market prices but failed to disclose this information [3]. - It is claimed that Masonite continued to repurchase its common stock from investors at prices below the acquisition offer levels, which misled investors regarding the company's operations and stock repurchase activities [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Masonite have until April 7, 2026, to request to be appointed as lead plaintiff in the case [4]. - The law firm representing the investors operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. Group 3: Law Firm Background - Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm specializing in securities fraud class actions and has recovered hundreds of millions of dollars for investors [6]. - The firm emphasizes restoring investor capital and ensuring corporate accountability to maintain market integrity [6].