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JHX ANNOUNCEMENT: James Hardie Industries plc Investors Are Notified of the Pending Securities Class Action and to Contact BFA Law by December 23 Deadline
TMX Newsfile· 2025-12-17 20:36
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 attributed to potential violations of federal securities laws [1][3]. Company Overview - 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]. Allegations and Stock Performance - 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. However, it is 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 for the quarter, revealing that customers were destocking to normalize inventory levels. This announcement led to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 [6]. Legal Proceedings - Investors have until December 23, 2025, to request to be appointed to lead the class action case, which is pending in the U.S. District Court for the Northern District of Illinois [3]. The lawsuit is titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, et al., No. 1:25-cv-13018 [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 STOCK NOTICE: James Hardie Industries plc Faces Securities Fraud Class Action after 34% Stock Drop – Investors with Losses Urged to Contact BFA Law
Globenewswire· 2025-12-17 14:07
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 - The complaint alleges that James Hardie misrepresented the strength and momentum of its North American fiber cement segment, claiming that 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, leading to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 [6].
INVESTOR DEADLINE TUESDAY: Robbins Geller Rudman & Dowd LLP Announces that James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2025-12-17 10:48
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit alleging violations of the Securities Exchange Act of 1934 due to misleading statements regarding its North America Fiber Cement segment performance during a period of inventory destocking [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and is filed in the Northern District of Illinois [1]. - Investors who purchased James Hardie common stock between May 20, 2025, and August 18, 2025, have until December 23, 2025, to seek appointment as lead plaintiff [1][5]. - The lawsuit alleges that James Hardie executives made false assurances about the strength of the Fiber Cement segment despite early signs of customer destocking [3]. Group 2: Allegations and Impact - The lawsuit claims that on August 19, 2025, James Hardie reported a 12% decline in sales in the North America Fiber Cement segment due to customer destocking, which was first identified in April and May [4]. - Following the disclosure of the sales decline, James Hardie's stock price dropped by over 34% [4]. Group 3: Company Background - James Hardie designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [2]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized as a leading firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6].
James Hardie Industries Securities Fraud Class Action Result of Sales Issues and +34% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC
Globenewswire· 2025-12-17 03:41
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for failing to disclose material information during the Class Period, leading to significant financial losses for investors [3][4]. Summary by Sections Lawsuit Details - The lawsuit involves allegations against James Hardie and certain executives for not disclosing critical information that violated federal securities laws during the Class Period from May 20, 2025, to August 18, 2025 [3]. - On August 19, 2025, the company revealed a 12% decline in sales in its North America Fiber Cement segment, attributed to customer destocking, which was first identified in April and May [3]. Financial Impact - Following the disclosure of the sales decline, James Hardie's share price plummeted over 34%, dropping from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025, representing a loss of $9.79 per share [4]. Legal Process - Investors who purchased shares during the Class Period have until December 23, 2025, to file lead plaintiff applications in the ongoing lawsuit [1][2].
INVESTOR DEADLINE NEXT WEEK: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-12-17 02:32
Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit for allegedly misleading investors about the strength of its North American Fiber Cement segment, which experienced significant inventory destocking and a subsequent decline in sales [1][3][4]. Company Overview - James Hardie Industries designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [2]. Class Action Details - The class action lawsuit, titled Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, accuses the company and its executives of violating the Securities Exchange Act of 1934 [1]. - The lawsuit claims that from May 20, 2025, to August 18, 2025, the company made false statements regarding the health of its North American Fiber Cement segment, despite evidence of inventory destocking [3]. Financial Impact - On August 19, 2025, James Hardie disclosed a 12% decline in sales for its North American Fiber Cement segment due to customer destocking, leading to a more than 34% drop in the company's stock price [4]. Legal Process - Investors who purchased James Hardie common stock during the class period have until December 23, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. 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 [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class action cases for four out of the last five years [6].
JHX Investor Deadline Alert: James Hardie (JHX) Class Action Lawsuit — Hagens Berman Scrutinizing Alleged Inventory Destocking and 34% Plunge; December 23 Lead Plaintiff Deadline Looms
Globenewswire· 2025-12-17 01:51
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc, alleging that the company and its executives made materially false and misleading statements regarding the health of its North America Fiber Cement segment, leading to a significant stock drop of over 34% when the truth was revealed [2][5]. Summary by Sections Lawsuit Allegations - The lawsuit claims that James Hardie executives misled investors by asserting that the North America segment was strong and that distributor inventory levels were normal, despite knowing that distributors were aggressively destocking inventory [3][4]. - Management allegedly inflated sales figures by loading inventory rather than reflecting genuine demand, using terms like "robust" and "normal" to describe the market conditions [4]. Timeline and Key Details - Class Period: May 20, 2025 – August 18, 2025 - Lead Plaintiff Deadline: December 23, 2025 - Stock Drop: The stock fell over 34% on August 20, 2025, following the disclosure of a 12% decline in North America sales due to customer destocking [5]. Next Steps for Investors - Investors who purchased James Hardie stock during the class period and experienced substantial losses are encouraged to contact Hagens Berman to discuss legal options and potential appointment as Lead Plaintiff [6].
JHX CLASS REMINDER: BFA Law Reminds James Hardie Industries plc Investors with Losses to Contact the Firm Before December 23 Legal Deadline
TMX Newsfile· 2025-12-16 20:33
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 attributed 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, with claims asserted under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [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 strong performance in its North American fiber cement segment, stating it was seeing "normal stock levels" and expected performance [5]. - The lawsuit alleges that the reported sales were due to inventory loading by channel partners rather than sustainable customer demand, indicating potential fraudulent channel stuffing [5]. Group 4: Stock Performance - 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 $9.79 per share, or over 34%, from $28.43 to $18.64 [6]. Group 5: Executive Changes - On November 17, 2025, it was announced that Rachel Wilson had decided to step down from her role as CFO [7].
JAMES HARDIE CLASS ACTION DEADLINE 12/23: Bragar Eagel & Squire, P.C. Reminds James Hardie Industries Investors to Contact the Firm Regarding Their Rights
Globenewswire· 2025-12-16 20:25
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In James Hardie (JHX) To Contact Him Directly To Discuss Their Options If you purchased or acquired James Hardie common stock during the period from May 20, 2025 through August 18, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Dec. 16, 2025 (GLOBE NEWSWIR ...
JHX INVESTOR NOTICE: Faruqi & Faruqi, LLP Announces that James Hardie Investors Have Opportunity to Lead Class Action Lawsuit
TMX Newsfile· 2025-12-16 15:59
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In James Hardie To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in James Hardie between May 20, 2025 and August 18, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information]New York, New York--(News ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of December 23, 2025 in James Hardie Industries plc. Lawsuit – JHX
Globenewswire· 2025-12-15 20:49
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in James Hardie Industries plc. ("James Hardie Industries plc." or the "Company") (NYSE: JHX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of James Hardie Industries plc. investors who were adversely affected by alleged securities fraud between May 20, 2025 and August 18, 2025. Follow the link below to get more information and be contacted by a member of our team: htt ...