Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Janus International Group, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Janus International Group, Inc. (“Janus” or “the Company”) (NYSE: JBI). Investors who purchased Janus securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Janus has violated federal securities laws.
Investigation Details
On October 29, 2024, Janus issued a press release announcing its financial results for its fiscal third quarter. Among other items, Janus disclosed revenue of $230.1 million, representing a year-over-year decline of 17.9% and missing consensus estimates by $18.11 million. Janus also updated its full-year revenue guidance to a range of $910 million to $925 million, compared to consensus estimates of $1 billion, citing headwinds from macroeconomic factors, interest rate uncertainty, and persistent project delays. On this news, Janus’s stock price fell $3.07 per share, or 29.78%, to close at $7.24 per share on October 29, 2024.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Janus securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
JBI — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”