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CLASS ACTION NOTICE: Berger Montague Advises James Hardie Industries PLC (NYSE: JHX) Investors to Inquire About a Securities Fraud Class Action
Prnewswire· 2025-11-25 13:10
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly making false statements regarding product demand and inventory levels during the specified Class Period, leading to significant stock price decline after the truth was revealed [1][3]. Company Overview - James Hardie Industries plc is a multinational building materials company based in Dublin, Ireland, specializing in fiber cement and related construction products [2]. Legal Proceedings - The lawsuit is on behalf of investors who purchased James Hardie securities between May 20, 2025, and August 18, 2025, with a deadline for potential lead plaintiff representatives set for December 23, 2025 [2][4]. - The complaint alleges that despite internal data indicating reduced inventory levels as early as April 2025, the company misled investors by claiming strong demand and normal inventory levels [3]. Financial Impact - On August 19, 2025, James Hardie disclosed a 12% decline in segment sales and warned of ongoing weakness, resulting in a stock price drop of over 34% in a single trading day [3].
ROSEN, LEADING TRIAL ATTORNEYS, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-11-24 23:22
Core Viewpoint - Rosen Law Firm is encouraging 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 [2][6]. 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 [3][6]. - A lawsuit has been filed claiming that James Hardie misled investors regarding the strength of its key segment, despite knowing about inventory destocking by distributors [6]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [5]. - 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 [5].
James Hardie Industries plc. Sued for Securities Law Violations - Contact The Gross Law Firm Before December 23, 2025 to Discuss Your Rights – JHX
Globenewswire· 2025-11-24 20:02
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of James Hardie Industries plc regarding a class action lawsuit due to alleged false statements and concealment of adverse facts related to the company's North America segment [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from May 20, 2025, to August 18, 2025 [3]. - Allegations include that James Hardie's North America segment experienced deteriorating consumer demand and that growth was primarily driven by overstocking rather than actual consumer demand, leading to excessive inventory at distributors [3]. Shareholder Information - Shareholders are encouraged to register for the class action by December 23, 2025, to potentially be appointed as lead plaintiffs [4]. - Registration allows shareholders to receive updates on the case through portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].
James Hardie Industries plc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before December 23, 2025 to Discuss Your Rights - JHX
Prnewswire· 2025-11-24 13:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of James Hardie Industries plc regarding a class action lawsuit due to alleged false statements and concealed adverse facts about the company's North America segment [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that James Hardie's North America segment faced deteriorating primary consumer demand and growth [1]. - It is claimed that overstocking was the main driver of growth in the North America segment during the class period, rather than genuine consumer demand [1]. - Excessive inventory at James Hardie's North America distributors is cited as a consequence of these issues [1]. Class Period and Registration - The class period for the allegations is from May 20, 2025, to August 18, 2025 [1]. - Shareholders are encouraged to register for the class action by December 23, 2025, to potentially be appointed as lead plaintiffs [2]. Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [3].
JAMES HARDIE NOTICE: James Hardie Industries plc (JHX) Faces Securities Fraud Allegations after Stock Drops 34%, Investors Urged to Contact BFA Law
Newsfile· 2025-11-24 11:08
Core Viewpoint - James Hardie Industries plc (JHX) is facing a class action lawsuit for securities fraud following a significant stock drop of over 34% due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - A class action lawsuit has been filed against James Hardie and certain senior executives, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until December 23, 2025, to request to be appointed to lead the case, which is pending in the U.S. District Court for the Northern District of Illinois [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: Stock Performance and Allegations - The company previously claimed strong performance in its North American fiber cement segment, stating it was seeing "normal stock levels" and expected performance [5]. - However, it was alleged that the sales were inflated due to inventory loading by channel partners, indicating fraudulent channel stuffing rather than genuine customer demand [5]. - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, leading to a stock price drop from $28.43 to $18.64 per share, a decrease of $9.79 or over 34% [6]. Group 4: Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO [7].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-11-23 23:17
Core Viewpoint - Rosen Law Firm is encouraging 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 [2][4]. 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 [3][6]. - A lawsuit claims 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 [6]. Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions, as many firms may lack the necessary experience and resources [5]. - 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 of dollars for investors [5].
JHX COURT ALERT: James Hardie Industries plc Investors that Lost Money May have been Affected by Fraud -- Contact BFA Law by December 23
Globenewswire· 2025-11-23 12:32
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]. Company Overview - James Hardie Industries 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]. Allegations and Stock Performance - The lawsuit claims that James Hardie misrepresented the strength and momentum of its North American fiber cement segment, asserting that sales were driven by sustainable customer demand rather than inventory loading by channel partners [5]. - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers, leading to a stock price drop of over 34%, from $28.43 to $18.64 per share [6]. Legal Proceedings - Investors have until December 23, 2025, to request to lead the case in the U.S. District Court for the Northern District of Illinois, with the case titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, et al. [3]. Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO of James Hardie [7].
JHX INVESTOR REMINDER: Faruqi & Faruqi, LLP Announces that James Hardie Investors Have Opportunity to Lead Class Action Lawsuit
Newsfile· 2025-11-23 12:18
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against James Hardie Industries plc for misleading investors regarding the performance of its North America Fiber Cement segment, with a class action lawsuit deadline set for December 23, 2025 [2][5]. Group 1: Legal Action and Investor Information - Investors who suffered losses exceeding $100,000 in James Hardie between May 20, 2025, and August 18, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - A federal securities class action has been filed against James Hardie, with a deadline for seeking the role of lead plaintiff on December 23, 2025 [2]. - The lead plaintiff in a class action is typically the investor with the largest financial interest who directs the litigation on behalf of the class [7]. Group 2: Allegations Against James Hardie - The complaint alleges that James Hardie and its executives violated federal securities laws by making false statements and failing to disclose the true state of its North America Fiber Cement segment [5]. - Despite knowing about inventory destocking by distributors, James Hardie falsely claimed that demand remained strong and stock levels were normal [5]. - Following the announcement of a 29% decline in first-quarter profit and lower-than-expected fiscal 2026 earnings, James Hardie's ADR price fell by $9.79, or 34.44%, closing at $18.64 on August 20, 2025 [6].
JHX Announcement: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against James Hardie Industries plc (JHX)
Globenewswire· 2025-11-22 16:47
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for allegedly making false statements regarding its business performance during the Class Period from May 20, 2025, to August 18, 2025 [1][2] Group 1: Allegations Against James Hardie - The lawsuit claims that James Hardie misled investors by stating that demand for its products remained strong, despite knowing that its North America Fiber Cement distributors were destocking inventory as early as April and May 2025 [2] - The complaint asserts that the positive statements made by the company about its business operations and prospects were materially misleading and lacked a reasonable basis [2] Group 2: Legal Process and Participation - Investors in James Hardie have until December 23, 2025, to seek appointment as lead plaintiff representatives in the class action, or they may choose to remain absent class members [3] - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3] Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions of dollars for victims of corporate misconduct [4] - The firm aims to protect investors and others from fraud and negligence by businesses and fiduciaries [4]
JHX ALERT: James Hardie Industries plc Investors that Suffered Losses are Notified of the Pending Securities Fraud Lawsuit and to Contact BFA Law by December 23 Deadline
Newsfile· 2025-11-22 11:18
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 - Investors have until December 23, 2025, to request to lead the case in the U.S. District Court for the Northern District of Illinois [3]. - The lawsuit claims 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 Fraud - During the relevant period, James Hardie misrepresented the strength and momentum of its North American fiber cement segment, claiming sustainable customer demand when, in fact, sales were driven by inventory loading by channel partners [5]. - On August 19, 2025, the company disclosed a 12% decline in North American fiber cement sales, revealing that customers were destocking to return to normal inventory levels, which led to a stock price drop of over 34% from $28.43 to $18.64 per share [6]. Group 4: Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO of James Hardie [7].