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DEADLINE NEXT WEEK: Berger Montague Advises James Hardie Industries PLC (JHX) Investors to Contact the Firm Before December 23, 2025
TMX Newsfile· 2025-12-19 13:51
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 [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who purchased James Hardie common stock and American Depositary Shares from May 20, 2025, to August 18, 2025 [1][2]. - Investors have until December 23, 2025, to seek appointment as lead plaintiff representatives of the class [2]. Group 2: Company Performance - During the Class Period, James Hardie reportedly misled investors about strong demand and normal inventory levels, despite internal data indicating that distributors were reducing inventory as early as April 2025 [3]. - On August 19, 2025, the company disclosed a 12% decline in segment sales and warned of ongoing weakness, leading to a stock price drop of over 34% in one trading day [3].
JHX LEGAL NOTICE: Lose Money on James Hardie Industries plc? You may have been Affected by Fraud and are Urged to Contact BFA Law by December 23 Deadline
Globenewswire· 2025-12-19 12:18
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, captioned 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 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, attributed to destocking efforts by customers, leading to a stock price drop of over 34% from $28.43 to $18.64 per share [6]. Group 4: Executive Changes - On November 17, 2025, it was announced that Rachel Wilson had decided to step down from her role as CFO [7].
JHX LAWSUIT ALERT: Levi & Korsinsky Notifies James Hardie Industries plc. Investors of a Class Action Lawsuit and Upcoming Deadline
Globenewswire· 2025-12-18 22:08
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 [2]. - It is alleged that overstocking was the main driver of growth in the North America segment during the class period, rather than genuine consumer demand, leading to excessive inventory at distributors [2]. Group 2: Investor Information - Investors who suffered losses during the specified time frame 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, with no obligation to participate [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].
JHX 5-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Claims in Pending Class Action Suit Challenging James Hardie's (JHX) Alleged Sales Practices
Globenewswire· 2025-12-18 21:30
Core Viewpoint - A securities class action has been filed against James Hardie Industries plc, alleging that the company's management misled investors about inventory levels, leading to significant stock price declines and executive resignations [1][2]. Group 1: Allegations and Impact - The lawsuit claims that James Hardie's senior management falsely represented inventory levels as "robust" while being aware of aggressive destocking by channel partners since April 2025 [2][8]. - Following the disclosure of these alleged misrepresentations on August 19, 2025, the company's stock price fell by 34%, resulting in substantial losses for shareholders [2][8]. - The resignation of CFO Rachel Wilson on November 17, 2025, occurred shortly after the stock collapse, indicating potential internal repercussions from the allegations [2]. Group 2: Investor Actions - Investors who purchased James Hardie stock between May 20, 2025, and August 18, 2025, and experienced significant losses are encouraged to contact Hagens Berman to discuss legal options and potential roles as Lead Plaintiff [5]. - Hagens Berman is actively investigating claims related to the alleged inventory deception and is urging affected investors to submit their information [3][5]. Group 3: Company Performance and Market Reaction - The complaint highlights a 12% decline in sales within the North America Fiber Cement segment, attributed to customer destocking that was allegedly concealed by the company [8]. - The market correction following the August 2025 disclosure reflects a significant loss of investor confidence in James Hardie, emphasizing the impact of the alleged deceptive practices on the company's market valuation [8].
INVESTOR NOTICE: James Hardie Industries plc (JHX) Investors with Losses are Notified to Contact BFA Law by December 23 Securities Fraud Class Action Deadline
TMX Newsfile· 2025-12-18 20:46
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]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, captioned 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 - During the relevant period, James Hardie claimed that its North American fiber cement segment showed "inherent strength" and "underlying momentum," while in reality, sales were driven by inventory loading rather than sustainable customer demand [5]. - The company reported a 12% decline in North American fiber cement sales during the quarter, attributed to destocking efforts by customers [6]. Group 4: Stock Performance - Following the revelation of declining sales, James Hardie's stock price fell by $9.79 per share, or over 34%, from $28.43 on August 19, 2025, to $18.64 on August 20, 2025 [6].
TUESDAY INVESTOR DEADLINE: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2025-12-18 14:15
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit alleging securities fraud due to misleading statements about its North America Fiber Cement segment's performance during a period of inventory destocking [1][4][5]. Group 1: Lawsuit Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and was filed in the Northern District of Illinois [1]. - The lawsuit claims that James Hardie and certain executives violated the Securities Exchange Act of 1934 by providing false assurances about the strength of their business segment despite evidence of inventory destocking [4]. - Investors are encouraged to seek appointment as lead plaintiff by December 23, 2025, if they purchased James Hardie common stock between May 20, 2025, and August 18, 2025 [1][6]. Group 2: Financial Impact - On August 19, 2025, James Hardie reported a 12% decline in sales for its North America Fiber Cement segment, attributed to customer destocking, which was first identified in April and May 2025 [5]. - Following this disclosure, the stock price of James Hardie dropped by over 34%, indicating a significant market reaction to the news [5]. Group 3: Company Background - James Hardie Industries designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [7].
James Hardie Industries PLC (JHX) Deadline Approaching: Berger Montague Advises Investors of Deadline in Securities Fraud Lawsuit
TMX Newsfile· 2025-12-18 13:36
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the performance of its North America Fiber Cement segment during the specified Class Period [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who purchased James Hardie common stock or American Depositary Shares from May 20, 2025, to August 18, 2025 [1][2]. - Investors have until December 23, 2025, to seek appointment as lead plaintiff representatives of the class [2]. Group 2: Allegations Against the Company - The complaint claims that James Hardie misrepresented the strength of its core North America Fiber Cement segment, stating that demand was strong and inventory levels were normal, despite knowledge of distributors destocking inventory by April and early May 2025 [3]. - On August 19, 2025, the company disclosed a 12% decline in the segment, attributing it to "normalization of channel inventories" and warned of continued weakness, leading to a stock price drop of over 34% [4].
JHX INVESTOR DEADLINE: Hagens Berman Scrutinizing Claims in Pending Class Action Suit Challenging James Hardie's (JHX) Alleged Sales Practices
Prnewswire· 2025-12-18 01:31
Core Viewpoint - The article discusses a pending securities class action against James Hardie Industries plc, alleging that the company's management misled investors about inventory levels while being aware of destocking trends among channel partners [1][2]. Group 1: Allegations and Legal Proceedings - The lawsuit claims that James Hardie's senior management falsely assured investors of "robust" inventory levels despite knowing about significant destocking activities as early as April 2025 [2][7]. - Following the disclosure of these alleged misrepresentations on August 20, 2025, James Hardie's stock price fell by 34%, leading to substantial financial losses for shareholders [2][7]. - Investors who purchased James Hardie stock between May 20, 2025, and August 18, 2025, and experienced losses are encouraged to contact Hagens Berman for potential legal action [5]. Group 2: Financial Impact and Company Response - The August 2025 disclosure revealed a 12% decline in sales for the North America Fiber Cement segment, attributed to the previously concealed destocking by customers [7]. - The abrupt resignation of CFO Rachel Wilson on November 17, 2025, followed the stock's significant decline, indicating potential internal repercussions from the situation [2]. Group 3: Investigation and Next Steps - Hagens Berman is actively investigating the claims related to James Hardie's alleged inventory deception and is urging affected investors to submit their information [3][5]. - The firm is particularly focused on whether the perceived strength in the North American segment was a result of inventory loading practices that were not disclosed to investors [3].
Remodelling The Narrative: JHX Beyond The Housing Cycle (NYSE:JHX)
Seeking Alpha· 2025-12-17 23:11
Core Viewpoint - The coverage on James Hardie Industries PLC (JHX) is initiated with a BUY recommendation, indicating that the market is overly pessimistic regarding the synergies from the AZEK acquisition and misinterprets the company's cyclicality [1] Group 1: Acquisition Insights - The market's perception of the AZEK acquisition synergies is considered to be overly negative, suggesting potential for positive outcomes that are not currently reflected in the stock price [1] Group 2: Market Sentiment - There is a belief that the Street misunderstands the cyclicality of James Hardie Industries, which may lead to undervaluation of the company's stock [1] Group 3: Target Price - A 12-month target price for JHX has been established, although specific figures are not disclosed in the provided content [1]
DEADLINE APPROACHING: Berger Montague Advises James Hardie Industries PLC (NYSE: JHX) Investors to Inquire About a Securities Fraud Class Action by December 23, 2025
Prnewswire· 2025-12-17 22:16
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly overstating demand in its North American Fiber Cement segment and downplaying distributor destocking during the Class Period from May 20, 2025, to August 18, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie misrepresented the demand for its products, leading to a significant drop in stock price after a reported 12% decline in segment sales on August 19, 2025, which resulted in a more than 34% decrease in stock value [3]. - Investors who purchased James Hardie securities during the Class Period have until December 23, 2025, to seek appointment as lead plaintiff representatives [2]. Group 2: Company Overview - James Hardie is a global building materials company that specializes in fiber cement products and is headquartered in Dublin, Ireland [2].