James Hardie(US:JHX) Globenewswire·2025-09-10 18:15Core Insights - James Hardie Industries experienced a 34% drop in share price following the disclosure of significant issues in its North America business, which is its largest segment [1] - An investigation by Hagens Berman is underway to determine if the company misled investors regarding its sales practices and business model sustainability [1][4] Financial Performance - In May 2025, James Hardie assured investors of a business model capable of "structurally grow through expansions and contractions" [3] - However, on August 19, 2025, the company reported a 12% year-over-year decline in North America sales volumes due to customers "destocking" their inventory [3] Investigation Details - The investigation focuses on when and to what extent James Hardie's management was aware of the inventory destocking and whether this information was properly disclosed to investors [4] - Hagens Berman is examining if the company misled investors by presenting a facade of sustained demand while potentially overloading channel partners with excess product [5] Whistleblower Information - Individuals with non-public information regarding James Hardie are encouraged to assist in the investigation or consider the SEC Whistleblower program, which offers rewards up to 30% of any successful recovery [7]