James Hardie(JHX)
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JHX 3-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Claims in Pending Class Action Suit Challenging James Hardie's (JHX) Alleged Sales Practices
Globenewswire· 2025-12-20 13:49
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 while being aware of destocking by channel partners [2][4]. Group 1: Allegations and Impact - The lawsuit claims that James Hardie's senior management falsely represented inventory levels as "robust" and "normal," despite knowing about significant destocking since April 2025 [2][7]. - Following the disclosure of this information on August 20, 2025, James Hardie's stock price fell by 34%, leading to substantial losses for investors [2][7]. - The abrupt resignation of CFO Rachel Wilson on November 17, 2025, occurred shortly after the stock collapse, indicating potential internal turmoil [2]. Group 2: Legal Actions and Investor Guidance - Hagens Berman is urging investors who suffered losses between May 20, 2025, and August 18, 2025, to come forward and discuss their legal options, including the possibility of becoming Lead Plaintiff [5]. - The firm is investigating whether the perceived strength in the North American segment was actually due to inventory loading, which was not disclosed to investors [3][7]. - Investors are encouraged to submit their losses through a secure form provided by Hagens Berman, and whistleblowers with non-public information are invited to assist in the investigation [6].
JHX SHAREHOLDERS: James Hardie Industries plc Class Action Deadline is Approaching, Investors Notified to Contact BFA Law by December 23
TMX Newsfile· 2025-12-20 11:17
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 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, which is indicative of fraudulent channel stuffing [5]. - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, attributing this 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]. 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 FINAL DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important December 23 Deadline in Securities Class Action – JHX
Globenewswire· 2025-12-19 20:23
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 eligible for 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, and interested parties can join the action by contacting the firm [3][6] - Investors wishing to serve as lead plaintiff must file a motion with the Court by December 23, 2025 [3] 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, falsely claiming that demand was strong while distributors were actually destocking inventory [5]
JHX Deadline: Rosen Law Firm Urges James Hardie Industries plc (NYSE: JHX) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2025-12-19 19:47
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors about its business operations, particularly regarding the North America Fiber Cement segment during the specified class period [1][2][3]. Group 1: Allegations - The lawsuit claims that James Hardie misled investors about the strength of its North America Fiber Cement segment between May 20 and August 18, 2025, despite knowing that distributors were destocking inventory [3]. - The company falsely asserted that demand remained strong and that stock levels were "normal," leading to investor damages when the true situation was revealed [3]. Group 2: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must file motions with the court by December 23, 2025, to represent other class members in the litigation [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Rosen Law Firm - Rosen Law Firm specializes in securities class actions and has a track record of recovering over $1 billion for shareholders [6]. - The firm operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of James Hardie Industries plc. (JHX) Shareholders
Prnewswire· 2025-12-19 14:00
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 made false statements and concealed adverse facts regarding its North America segment, including deteriorating consumer demand and growth being driven by overstocking rather than actual demand [2]. - Excessive inventory at James Hardie's North America distributors is highlighted as a significant issue resulting from the alleged misrepresentation of growth drivers [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 in this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, indicating a no-cost participation model [3]. Group 3: Legal Firm Background - Levi & Korsinsky, the firm representing the investors, has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years, according to ISS Securities Class Action Services [4].
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].