Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for violations of federal securities laws, specifically concerning misleading statements about the company's performance during a defined class period [1][2]. Group 1: Lawsuit Details - The lawsuit was initiated by Lowey Dannenberg P.C. on behalf of investors who acquired James Hardie securities between May 20, 2025, and August 18, 2025 [1]. - The complaint alleges that the company and its officers made false or misleading statements regarding the deterioration of consumer demand and growth in the North America segment, attributing growth to overstocking rather than actual consumer demand [2]. Group 2: Impact on Investors - Following the revelation of the truth regarding the company's performance, James Hardie's stock experienced a significant decline, resulting in financial losses for investors [3]. - Investors who suffered losses exceeding $50,000 are encouraged to participate in the lawsuit, with a deadline for lead plaintiff applications set for December 23, 2025 [3]. Group 3: About the Law Firm - Lowey Dannenberg is a national law firm specializing in representing institutional and individual investors affected by corporate fraud and violations of federal securities laws, with a history of recovering billions for clients [4].
Lowey Dannenberg Notifies James Hardie Industries plc. (“James Hardie” or the “Company”) (NYSE: JHX) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $50,000 in Losses to Contact the Firm