Core Viewpoint - James Hardie Industries plc is facing a class action lawsuit for securities fraud, with allegations of false and misleading statements regarding its business performance, particularly in the North America Fiber Cement sector [5]. Summary by Sections Class Action Lawsuit - The Schall Law Firm is leading a class action lawsuit against James Hardie Industries plc for violations of the Securities Exchange Act of 1934 [1]. - Investors who purchased securities between May 20, 2025, and August 18, 2025, are encouraged to contact the firm before December 23, 2025 [2]. Allegations and Company Performance - The lawsuit claims that James Hardie made false statements about strong demand and normal inventory levels, despite knowing about weakening demand due to distributors destocking their inventory by early May 2025 [5]. - The company reported a 12% sales decline in its North America Fiber Cement business on August 19, 2025, attributing it to "normalization of channel inventories," which the lawsuit argues was misleading [5].
JHX Investors Have Opportunity to Lead James Hardie Industries plc Securities Fraud Lawsuit with the Schall Law Firm