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In 2016, door manufacturer Steves & Sons sued JELD-WEN on antitrust grounds for its 2012 acquisition of rival doorskin manufacturer Craftmaster International (CMI). In 2021 the Fourth Circuit affirmed the trial judge's remedy that JELD-WEN must sell CMI's Towanda factory, which was the first time that a private lawsuit led to an order to divest ...
A sweep account combines two or more accounts at a bank or a financial institution, moving funds between them in a predetermined manner. [1] Sweep accounts are useful in managing a steady cash flow between a cash account used to make scheduled payments, and an investment account where the cash is able to accrue a higher return.
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