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JHX Deadline: JHX Investors Have Opportunity to Lead James Hardie Industries plc Securities Fraud Lawsuit
Prnewswire· 2025-11-27 12:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of James Hardie Industries plc during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought James Hardie common stock between May 20, 2025, and August 18, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by December 23, 2025 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Background - The lawsuit alleges that James Hardie Industries misled investors regarding the performance of its North America Fiber Cement segment during the class period, despite knowing about inventory destocking by distributors [5]. - The company falsely claimed that demand remained strong and that stock levels were "normal," leading to investor damages when the true situation was revealed [5].
JHX DEADLINE ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-11-26 23:34
Core Viewpoint - Rosen Law Firm is urging investors of James Hardie Industries plc to secure legal counsel before the December 23, 2025 deadline for a securities class action lawsuit related to misleading statements about the company's performance during a specific period [1][5]. Group 1: Class Action Details - The class action pertains to investors who purchased James Hardie common stock between May 20, 2025, and August 18, 2025, and may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5]. - A lawsuit has been filed claiming that James Hardie misled investors regarding the strength of its North America Fiber Cement segment, falsely asserting that demand was strong while distributors were actually destocking inventory [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors may choose to remain absent or select their own counsel [7].
James Hardie Industries (JHX) Lawsuit Alleging Securities Fraud Over Inventory Misstatements Pending, CFO Replaced -- Hagens Berman
Prnewswire· 2025-11-26 13:50
Core Viewpoint - James Hardie Industries plc is facing significant legal and financial challenges following a 34% drop in share price attributed to alleged securities fraud related to misleading statements about inventory levels and customer demand in its North American segment [2][8]. Company Developments - The company announced the departure of its CFO, Rachel Wilson, on November 17, 2025, with Ryan Lada appointed as her replacement [1]. - The North America Fiber Cement segment, which accounts for approximately 80% of the company's total earnings, is at the center of the allegations [5]. Legal Issues - A class-action lawsuit has been filed against James Hardie and certain executives, claiming violations of the Securities Exchange Act of 1934 due to misleading statements made between May 20, 2025, and August 18, 2025 [4]. - The lawsuit alleges that management denied significant inventory destocking trends and misrepresented customer demand, which led to inflated sales figures [6][7]. Financial Impact - Following the disclosure of a 12% decline in sales in the North America Fiber Cement division, the company's stock price fell sharply, resulting in substantial losses for investors [7][8]. - The lawsuit seeks damages for the financial injuries suffered by investors due to the alleged wrongful acts during the class period [8]. Investigation - Hagens Berman is actively investigating the claims against James Hardie, focusing on whether sales were driven by unsustainable practices and if senior management was aware of the issues [9].
JHX SECURITIES ALERT: BFA Law Notifies James Hardie Industries plc Shareholders of Pending Securities Fraud Class Action and Upcoming December 23 Deadline
Newsfile· 2025-11-26 12:17
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for securities fraud, following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with a deadline for investors to seek lead plaintiff status by December 23, 2025 [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in James Hardie common stock [3]. Group 2: Company Background - James Hardie is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [4]. Group 3: Allegations of Misrepresentation - During the relevant period, James Hardie claimed strong performance in its North American fiber cement segment, asserting "inherent strength" and "underlying momentum" in its strategy [5]. - The lawsuit alleges that the reported sales were due to inventory loading by channel partners rather than genuine customer demand, indicating potential fraudulent practices [5]. Group 4: Stock Performance Impact - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, leading to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 [6]. - The company indicated that significant inventory destocking would continue to affect sales for several quarters [6]. Group 5: Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO of James Hardie [7].
James Hardie Industries plc (JHX) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit - Robbins Geller Rudman & Dowd LLP
Prnewswire· 2025-11-26 10:40
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company misled investors about the strength of its North America Fiber Cement segment during a period of inventory destocking [1][4]. Company Overview - James Hardie Industries plc designs and manufactures a variety of fiber cement building products, operating manufacturing plants in both the United States and Australia [3]. Allegations of the Lawsuit - The lawsuit claims that despite early signs of inventory destocking by customers in April and May 2025, James Hardie executives made false assurances to investors about the segment's strength and denied any inventory destocking was occurring [4]. - It is alleged that the company engaged in practices resembling fraudulent channel stuffing, misleading investors about sustainable customer demand [4]. - On August 19, 2025, James Hardie reported a 12% decline in sales for the North America Fiber Cement segment due to the previously undisclosed customer destocking, leading to a stock price drop of over 34% [5]. Legal Process - Investors who purchased James Hardie common stock during the specified class period (May 20, 2025, to August 18, 2025) have until December 23, 2025, to seek appointment as lead plaintiff in the class action lawsuit [1][6]. - The lead plaintiff will represent the interests of all class members and can select a law firm of their choice for litigation [6]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a prominent law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [7]. - The firm has a strong track record, being ranked 1 in the ISS Securities Class Action Services rankings for four out of the last five years [7].
JHX DEADLINE ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-11-25 23:34
Core Viewpoint - Rosen Law Firm is urging investors of James Hardie Industries plc to secure legal counsel before the December 23, 2025 deadline for a securities class action lawsuit related to misleading statements about the company's North America Fiber Cement segment [1][5]. Group 1: Class Action Details - The class action pertains to investors who purchased James Hardie common stock between May 20, 2025, and August 18, 2025, and may be entitled to compensation without upfront fees through a contingency fee arrangement [2][5]. - A lawsuit has been filed claiming that James Hardie misled investors regarding the strength of its key segment, despite knowledge of distributor destocking [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [4]. - The Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions for investors [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors may choose to remain absent or select their own counsel [7].
JHX DEADLINE ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – JHX
Globenewswire· 2025-11-25 23:23
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of James Hardie Industries plc during the specified class period of the upcoming lead plaintiff deadline on December 23, 2025 [1] Group 1: Class Action Details - Investors who bought James Hardie common stock between May 20, 2025, and August 18, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed against James Hardie Industries plc for allegedly misleading investors about the strength of its North America Fiber Cement segment during the class period [5] - Investors are encouraged to join the class action by submitting a form or contacting the law firm for more information [3][6] Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own achievements in this area [4] - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been recognized as a leader in the field of securities class action litigation [4] Group 3: Case Specifics - The lawsuit claims that James Hardie Industries misled investors by falsely asserting that demand for its products remained strong while distributors were actually destocking inventory [5] - The misleading statements allegedly caused investors to suffer damages once the true situation was revealed [5]
James Hardie Industries plc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – JHX
Globenewswire· 2025-11-25 21:15
Core Viewpoint - A class action securities lawsuit has been filed against James Hardie Industries plc, alleging securities fraud that negatively impacted investors between May 20, 2025, and August 18, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie Industries made false statements and concealed adverse facts regarding its North America segment, including deteriorating consumer demand and growth, and that overstocking was the main driver of growth during the class period [2]. - It is alleged that excessive inventory was present at James Hardie's North America distributors due to these misleading statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified period have until December 23, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 23, 2025 in James Hardie Industries plc. Lawsuit - JHX
Prnewswire· 2025-11-25 13:45
Core Viewpoint - A class action securities lawsuit has been filed against James Hardie Industries plc, alleging securities fraud that negatively impacted investors between May 20, 2025, and August 18, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors affected by alleged securities fraud during the specified period [2]. - The complaint claims that the defendants made false statements and concealed adverse facts regarding the North America segment of James Hardie, including deteriorating consumer demand and excessive inventory at distributors [3]. Group 2: Investor Information - Investors who suffered losses during the relevant timeframe have until December 23, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require this [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5].
INVESTOR REMINDER: Important James Hardie Industries plc Securities Class Action Deadline Approaching on December 23 for Investors with Losses – Contact BFA Law
Globenewswire· 2025-11-25 13:33
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, et al., No. 1:25-cv-13018 [3]. - Investors have until December 23, 2025, to request to be appointed to lead the case [3]. Group 2: Company Background - James Hardie is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [4]. Group 3: Allegations of Fraud - The complaint alleges that James Hardie misrepresented the strength and momentum of its North American fiber cement segment, claiming sales were driven by sustainable customer demand rather than inventory loading by channel partners [5]. - The company stated on May 20, 2025, that it was experiencing "normal stock levels" and expected performance, which was later contradicted by actual sales data [5]. Group 4: Stock Performance - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers [6]. - Following this announcement, the stock price plummeted by $9.79 per share, a decrease of over 34%, from $28.43 to $18.64 [6]. Group 5: Executive Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO [7].