James Hardie(US:JHX) Prnewswireยท2025-09-09 20:17Core Insights - James Hardie Industries (NYSE: JHX) experienced a significant share price drop of 34% on August 20, 2025, due to serious issues in its North America business segment, which is its largest [1] - An investigation by Hagens Berman is underway to determine if the company misled investors regarding its sales practices and the sustainability of its business model [2] Financial Performance - In May 2025, James Hardie assured investors of a business model capable of "structurally grow through expansions and contractions" [2] - However, the company's Q1 2026 results revealed a 12% year-over-year decline in North America sales volumes, attributed to customers "destocking" their inventory [2] Investigation Details - The investigation focuses on when and how much management knew about the inventory destocking and whether this information was adequately disclosed to investors [3] - Hagens Berman is examining if the company misrepresented sustained demand while overloading channel partners with excess products [4] Whistleblower Information - Whistleblowers with non-public information regarding James Hardie are encouraged to assist in the investigation, with potential rewards of up to 30% of any successful recovery made by the SEC [4]