James Hardie(JHX)
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ROSEN, HIGHLY RANKED INVESTOR RIGHTS COUNSEL, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-11-13 18:46
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]. - The lawsuit alleges that James Hardie misled investors regarding the strength of its North America Fiber Cement segment, falsely claiming that demand was strong and inventory levels were normal, despite knowledge of distributor destocking [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 of dollars for investors [5].
JHX ALERT: Did James Hardie Industries plc Mislead Investors? BFA Law Reminds Investors with Losses of the Upcoming December 23 Court Deadline
Globenewswire· 2025-11-13 13:36
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 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 United States and Canada [4]. Allegations and Financial 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 disclosed a 12% decline in North American fiber cement sales for the quarter, attributed to destocking efforts by customers, which was first identified in April and May [6]. Stock Market Reaction - Following the revelation of declining sales, James Hardie's stock price plummeted by $9.79 per share, a decrease of over 34%, from $28.43 on August 19, 2025, to $18.64 on August 20, 2025 [6].
JHX Case Alert: Robbins LLP Reminds JHX Stockholders with Large Losses of the Opportunity to Lead the James Hardie Industries plc Securities Class Action
Globenewswire· 2025-11-13 13:15
Core Viewpoint - James Hardie Industries plc is facing a class action lawsuit due to allegations of misleading investors about inventory destocking during a challenging market period [2][3][4]. Company Overview - James Hardie Industries plc is recognized as the leading producer of high-performance fiber cement building solutions in the United States, providing exterior home and outdoor living solutions [1]. Allegations and Legal Proceedings - The lawsuit claims that the company made false statements during the class period from May 20, 2025, to August 18, 2025, regarding the strength of its North America Fiber Cement segment, despite evidence of inventory destocking [2][3]. - On August 19, 2025, the company disclosed a 12% decline in sales for the North America Fiber Cement segment, attributed to customer destocking that had been occurring since April and May 2025 [4]. - Following this disclosure, the stock price of James Hardie dropped over 34%, from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025 [4]. Investor Information - Shareholders interested in participating in the class action must submit their papers by December 23, 2025, to serve as lead plaintiff [5].
Levi & Korsinsky Notifies James Hardie Industries plc. (JHX) Investors - Lead Plaintiff Deadline on December 23, 2025
Newsfile· 2025-11-12 21:37
Core Points - A class action securities lawsuit has been filed against James Hardie Industries plc, targeting alleged securities fraud that affected shareholders between May 20, 2025, and August 18, 2025 [2][3] - The lawsuit claims that the company made false statements and concealed negative facts regarding its North America segment, including deteriorating consumer demand and excessive inventory issues [3] Company Details - The complaint alleges that the primary driver of growth in the North America segment was overstocking rather than genuine consumer demand, leading to excessive inventory at distributors [3] - The lawsuit seeks to recover losses for shareholders who were adversely affected during the specified time frame, regardless of whether they still hold their shares [4] Legal Representation - Levi & Korsinsky LLP, a nationally recognized securities litigation firm, is representing the shareholders in this case, boasting a strong track record in securing recoveries for aggrieved investors [5]
TimberTech Harvest+ Decking Selected as a Good Housekeeping 2026 Home Reno Award Winner
Prnewswire· 2025-11-12 17:03
Core Insights - TimberTech's Harvest+ Collection has been awarded in Good Housekeeping's 2026 Home Reno Awards for its combination of aesthetics, performance, and sustainability [1][3]. Product Features - The Harvest+ Collection consists of decking made from up to 65% recycled materials, including post-construction vinyl, contributing to its sustainability [3][5]. - The decking is designed to mimic the look of real wood while eliminating maintenance concerns such as annual staining and sealing, and issues like splinters and popped fasteners [5]. - It offers various protective features including moisture resistance, fade resistance, enhanced slip resistance, Cool Touch™ technology, and fire resistance [5]. Awards and Recognition - The Good Housekeeping Institute evaluates products based on quality, value, efficiency, sustainability, and design appeal, with TimberTech's Harvest+ Collection standing out in the Sustainability category [4][5]. - The collection's durability and authentic wood appearance were highlighted by judges, with specific praise for the Toasted Wheat color option [5][6]. Company Background - TimberTech is part of the James Hardie portfolio, which is a leader in exterior home and outdoor living solutions, including a range of composite and PVC decking products [6][7]. - James Hardie operates globally with over 8,000 employees, 31 operating sites, and a commitment to sustainable innovation and community empowerment [7].
James Hardie Industries plc (JHX) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-11-12 17:00
Core Viewpoint - Investors in James Hardie Industries plc have the opportunity to lead a securities fraud class action lawsuit due to alleged misleading statements regarding the company's sales and inventory practices [1][2]. Group 1: Lawsuit Details - The lawsuit claims that from May 20, 2025, to August 18, 2025, James Hardie failed to disclose that its largest business segment was experiencing inventory loading by channel partners, resembling fraudulent channel stuffing, rather than sustainable customer demand [2]. - The complaint asserts that the positive statements made by the defendants about the company's business, operations, and prospects were materially misleading and lacked a reasonable basis during the relevant period [2]. Group 2: Participation Information - Investors who suffered losses related to James Hardie are encouraged to participate in the ongoing securities fraud lawsuit before the lead plaintiff deadline of December 23, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to learn about their rights regarding the lawsuit [3][4].
JHX SHAREHOLDER ALERT: BFA Law Notifies James Hardie Industries plc Investors of Important December 23 Securities Class Action Deadline for Investors seeking Recovery
Newsfile· 2025-11-12 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 - 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]. - The company reported a 12% decline in North American fiber cement sales during the quarter, revealing that customers were destocking to return to normal inventory levels [6]. Group 4: Stock Impact - Following the revelation of declining sales, James Hardie's stock price fell by $9.79 per share, a decrease of over 34%, from $28.43 on August 19, 2025, to $18.64 on August 20, 2025 [6].
ROSEN, LEADING INVESTOR COUNSEL, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-11-12 01:30
Core Points - Rosen Law Firm is reminding investors of James Hardie Industries plc about the December 23, 2025 deadline to secure counsel for a securities class action related to stock purchases made between May 20, 2025, and August 18, 2025 [2] - Investors who purchased shares during the specified period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [3] - A class action lawsuit has already been filed, and potential lead plaintiffs must act by the December 23, 2025 deadline [4] Case Details - 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 strong demand while being aware of distributor destocking [6]
JHX ALERT: Kirby McInerney LLP Reminds James Hardie Industries plc Investors of Important Deadline in Class Action Lawsuit
Globenewswire· 2025-11-11 23:00
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc, alleging that the company misled investors regarding the performance of its North America Fiber Cement segment during the specified class period [3]. Group 1: Lawsuit Details - The lawsuit covers investors who purchased securities from May 20, 2025, to August 18, 2025, claiming that James Hardie falsely represented the strength of its North American operations despite knowledge of inventory destocking [3]. - On August 19, 2025, James Hardie reported a 12% decline in North American net sales for fiscal Q1 2026, attributing this to customers adjusting inventory levels, which was contrary to the company's previous claims [4]. - Following the earnings report, James Hardie's stock price fell by approximately 34.4%, from $28.43 to $18.64 per share [4]. Group 2: Investor Actions - Investors who suffered losses are encouraged to contact Kirby McInerney LLP to discuss their rights and potential participation in the class action lawsuit [1][6]. - The deadline for investors to request appointment as lead plaintiff is December 23, 2025 [1]. Group 3: Legal Firm Information - Kirby McInerney LLP specializes in securities litigation and has achieved significant recoveries for shareholders in the past [8]. - The firm is based in New York and focuses on various types of litigation, including antitrust and consumer cases [8].
Levi & Korsinsky Notifies James Hardie Industries plc. Investors of a Class Action Lawsuit and Upcoming Deadline – JHX
Globenewswire· 2025-11-11 21:43
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, which was primarily driven by overstocking rather than actual consumer demand [2]. - The complaint highlights that excessive inventory was present at James Hardie's North America distributors as a result of these misleading practices [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 any out-of-pocket costs or fees, indicating no financial obligation to participate in the lawsuit [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].