James Hardie(JHX)
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James Hardie Industries plc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - JHX
Prnewswire· 2025-12-12 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 Industries 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 appointment 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, emphasizing that there is no financial 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].
SHAREHOLDER ALERT: Berger Montague Reminds James Hardie Industries PLC (NYSE: JHX) Investors of Class Action Lawsuit Deadline
Globenewswire· 2025-12-12 13:37
Core Points - A class action lawsuit has been filed against James Hardie Industries plc on behalf of investors who purchased its common stock and American Depositary Shares between May 20, 2025, and August 18, 2025 [1][2] - The lawsuit alleges that James Hardie made false and misleading statements regarding product demand and inventory levels during the Class Period [3] - Following a disclosure of a 12% decline in segment sales on August 19, 2025, the company's stock price fell over 34% in a single trading day [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 Context - Investors who purchased James Hardie securities during the Class Period have until December 23, 2025, to seek appointment as lead plaintiff representative of the class [2]
JAMES HARDIE NOTICE: James Hardie Industries plc (JHX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by December 23
Newsfile· 2025-12-12 13:36
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 - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in James Hardie common stock [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 and Stock Performance - 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]. - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, leading 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 [7].
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
Prnewswire· 2025-12-11 20:27
Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc, alleging that the company and its executives made false 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 performing well while concealing a significant inventory destocking issue among distributors [3][4]. - Management allegedly knew about the destocking as early as April and May 2025 but continued to present inflated sales figures, misleading investors about genuine demand [3][4]. Stock Performance - Following the disclosure of a 12% decline in North America sales due to customer destocking, James Hardie's stock fell over 34% on August 20, 2025 [5]. - The class period for the lawsuit is defined as May 20, 2025, to August 18, 2025, with a lead plaintiff deadline set for December 23, 2025 [5][6]. Next Steps for Investors - Investors who purchased James Hardie stock during the specified class period and experienced substantial losses are encouraged to contact Hagens Berman to discuss their legal options and potential appointment as Lead Plaintiff [6].
JHX DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – JHX
Globenewswire· 2025-12-11 19:15
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 law firm [3][6]. - The lawsuit alleges that James Hardie misled investors regarding the performance of its North America Fiber Cement segment, claiming demand was strong while distributors were actually destocking inventory [5]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant amounts for investors [4]. - The firm has been recognized for its achievements in securities class action settlements, including being ranked No. 1 for the number of settlements in 2017 and securing over $438 million for investors in 2019 [4].
Mairs & Power Small Cap Fund Added James Hardie Industries (JHX) Following the Acquisition
Yahoo Finance· 2025-12-11 13:29
Core Insights - The Mairs & Power Small Cap Fund reported a return of 2.06% in the first nine months of 2025, underperforming the benchmark Russell 2000 Total Returns Index, which increased by 10.39% [1] - The market remains concentrated in 2025, with a few dominant mega-cap stocks related to artificial intelligence driving most favorable outcomes [1] Company Overview: James Hardie Industries plc - James Hardie Industries plc, based in Dublin, Ireland, specializes in manufacturing and supplying fiber cement, fiber gypsum, and cement-bonded building products [2] - The stock of James Hardie Industries plc experienced a one-month return of 19.28%, but it has lost 41.58% of its value over the last 52 weeks, closing at $19.98 per share with a market capitalization of $11.574 billion on December 10, 2025 [2] Investment Positioning - The Mairs & Power Small Cap Fund initiated a position in James Hardie Industries plc following the company's acquisition of AZEK Company, indicating a strategic move to benefit from shared innovation and cross-selling opportunities [3] - Despite the potential of James Hardie Industries plc, some analysts suggest that certain AI stocks may offer greater upside potential and lower downside risk [4]
JHX INVESTOR NOTICE: James Hardie Industries Stock Dropped 34% on Destocking Issues and CFO Departure; Contact BFA Law about the Pending Securities Class Action
Globenewswire· 2025-12-11 13:06
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 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 of Fraud - 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, while in reality, they were the result of inventory loading by channel partners, indicative of fraudulent channel stuffing [5]. Stock Performance and Impact - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, revealing that customers were destocking to return to normal 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]. Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO of James Hardie [7].
S&P/ASX 200 finishes slightly higher as Materials and Energy lift the Australian stock market; James Hardie leads gains, Catalyst Metals tops losers
The Economic Times· 2025-12-11 06:05
Core Insights - The S&P/ASX 200 index closed slightly higher, rising 12.60 points or 0.15% to 8,592.00, but remains down 0.31% over the past five sessions while holding a year-to-date gain of 5.31% [6] Company Performance - James Hardie Industries PLC was the strongest performer of the day, jumping 7.13% to $30.51, followed by Ramelius Resources Limited, which climbed 6.72% to $3.81 [6] - Flight Centre Travel Group advanced 5.37%, Scentre Group added 4%, and Whitehaven Coal rose 3.11%, rounding out the top five gainers [6] - On the downside, Catalyst Metals Limited posted the steepest loss, falling 8.86% to $6.07, followed by DroneShield Limited, which slipped 6.64% [6] Sector Performance - Sector movement was mixed, with Materials leading with a 0.85% gain, supported by mining names, while A-REITs rose 0.69% and Energy added 0.60% [4][6] - Financials and Utilities also ended in positive territory, while Information Technology declined by 1.53% and Health Care slipped 1.13% [4][6] - Over the past week, Information Technology posted the steepest decline, falling 4.16%, followed by Health Care, which dropped 2.37% [5][6] - Only two sectors ended higher for the week: Materials gained 1.47% and Financials rose 0.48% [5][6]
JAMES HARDIE CLASS ACTION ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of the Class Action Lawsuit Filed Against James Hardie Industries
Globenewswire· 2025-12-10 23:08
Core Insights - A class action lawsuit has been filed against James Hardie Industries plc for allegedly making false statements regarding the demand for its North America Fiber Cement segment, which was reportedly experiencing weakening demand due to distributor inventory destocking [3][7] - The lawsuit claims that James Hardie misrepresented the strength of demand and inventory levels, leading to a significant drop in share price after the company disclosed a 12% sales decline in the segment on August 19, 2025 [3][7] Allegation Details - The complaint alleges that James Hardie was aware of weakening demand in its key segment by April and May 2025 but failed to disclose this information [3] - The company falsely represented that demand remained strong and inventory levels were "normal" [3] - Following the announcement of a 12% sales decline attributed to "normalization of channel inventories," the company's share price fell by more than 34% [3] Next Steps - Investors who purchased James Hardie shares during the class period (May 20, 2025, to August 18, 2025) and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4][7] - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is December 23, 2025 [7]
JHX DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHX
Newsfile· 2025-12-10 22:01
JHX DEADLINE: ROSEN, A LEADING LAW FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - JHXDecember 10, 2025 5:01 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - December 10, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of James Hardie Industries plc (NYSE: JHX) between May 20, 2025 through August 18, 2025, both dates inclusive (the "Class ...