Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving James Hardie Industries plc and its executives following a significant decline in the company's financial performance and stock price [1][3]. Financial Performance - On August 19, 2025, James Hardie reported a 29% decline in first-quarter profit for the period ending June 30, 2025, and projected lower-than-expected earnings for fiscal 2026 due to high borrowing costs [3]. - Following the announcement, the price of James Hardie's American Depositary Receipt (ADR) fell by $9.79, or 34.44%, closing at $18.64 per ADR on August 20, 2025 [3]. Legal Investigation - The investigation by Pomerantz LLP focuses on whether James Hardie and certain officers or directors have engaged in securities fraud or other unlawful business practices [1].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of James Hardie Industries plc – JHX