James Hardie(US:JHX) Prnewswireยท2025-11-03 15:03Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against James Hardie Industries plc due to allegations of misleading investors regarding the performance of its North America Fiber Cement segment between May 20 and August 18, 2025 [2][3]. Group 1: Legal Investigation - The firm is reminding investors of the December 23, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against James Hardie [2]. - The complaint alleges that James Hardie and its executives violated federal securities laws by making false statements and failing to disclose that distributors were destocking inventory, despite claiming that demand was strong [3]. Group 2: Financial Impact - On August 19, 2025, James Hardie reported a 29% decline in first-quarter profit and projected lower-than-expected fiscal 2026 earnings due to high borrowing costs [3]. - Following the announcement, the price of James Hardie's American Depositary Receipt (ADR) fell by $9.79, or 34.44%, closing at $18.64 per ADR on August 20, 2025 [4].