Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential securities law violations at James Hardie Industries following a significant drop in profit and disappointing earnings guidance [2][3]. Financial Performance - On August 19, 2025, James Hardie Industries reported a 29% drop in profit for the first quarter of 2025 and provided lower-than-expected earnings guidance for fiscal 2026, attributing the decline to high borrowing costs [3]. - Following the earnings announcement, James Hardie's American Depositary Receipts (ADRs) fell by $9.79, or 34.4%, closing at $18.64 per ADR on August 20, 2025 [3]. Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in James Hardie to contact them to discuss potential legal options [1][2]. - The firm has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [2].
SHAREHOLDER INVESTIGATION: Faruqi & Faruqi, LLP Examining Potential Securities Law Violations at James Hardie Industries