Portnoy Law Firm Announces Class Action on Behalf of James Hardie Industries plc. Investors

Core Viewpoint - James Hardie Industries plc. is facing a class action lawsuit due to a significant decline in sales, particularly in North America Fiber Cement, which has led to a substantial drop in stock price [1][3]. Group 1: Class Action Details - The Portnoy Law Firm is advising investors who purchased James Hardie securities between May 20, 2025, and August 18, 2025, to join a class action lawsuit [1]. - Investors have until December 23, 2025, to file a lead plaintiff motion [1]. Group 2: Sales Decline and Stock Impact - On August 19, 2025, James Hardie disclosed a 12% decline in North America Fiber Cement sales due to customer destocking, which was first identified by the company in April through May [3]. - Following this announcement, James Hardie's stock price fell by $9.79 per share, or 34.44%, closing at $18.64 per share on August 20, 2025 [3]. Group 3: Legal Representation - The Portnoy Law Firm specializes in representing investors in claims related to corporate wrongdoing and has recovered over $5.5 billion for aggrieved investors [4].