Andrews & Springer LLC filed a derivative and class action complaint on behalf of NCI Building Systems, Inc. (“NCI” or the "Company") and its public stockholders in the Delaware Court of Chancery, Case No. 2018-0828-JTL.
The complaint alleges that NCI's controlling stockholder, private equity firm Clayton, Dubilier & Rice LLC ("CD&R"), forced the Company into merging with Ply Gem Parent, LLC ("Ply Gem") (the "Merger"), another CD&R portfolio company, causing NCI to overpay for Ply Gem. Since the announcement of the Merger, NCI's stock price has collapsed over 39% (as of Nov. 9, 2018).
Please click here for a copy of the Public Version of the Complaint.