Class Action Lawsuit Filed Against James Hardie Industries plc (JHK), Attorneys Encourage Investors and Potential Witnesses to Contact RGRD LLP

Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit for allegedly misleading investors about the strength of its North American Fiber Cement segment, which experienced significant inventory destocking and a subsequent decline in sales [3][4]. Group 1: Class Action Lawsuit Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and is filed in the Northern District of Illinois [1]. - The lawsuit alleges that James Hardie and its executives violated the Securities Exchange Act of 1934 by making false statements regarding the company's performance during a challenging market environment [1][3]. - Investors who purchased James Hardie common stock between May 20, 2025, and August 18, 2025, can seek appointment as lead plaintiff until December 23, 2025 [1][5]. Group 2: Allegations Against James Hardie - The lawsuit claims that James Hardie misled investors by assuring them that the North American Fiber Cement segment remained strong, despite evidence of inventory destocking starting in April and May 2025 [3]. - On August 19, 2025, James Hardie disclosed a 12% decline in sales for the North American Fiber Cement segment, which led to a stock price drop of over 34% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and is recognized as a leading law firm in securities fraud and shareholder litigation [6]. - The firm has a strong track record, having recovered over $2.5 billion for investors in 2024 alone, and is known for securing significant monetary relief in securities class action cases [6].