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Class Action Announcement for James Hardie Industries plc Investors: A Securities Fraud Class Action Lawsuit Was Filed Against James Hardie Industries plc
James HardieJames Hardie(US:JHX) Globenewswireยท2025-11-06 18:24

Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for allegedly making false statements regarding its business performance during the Class Period from May 20, 2025, to August 18, 2025 [1][2] Allegations of Misconduct - The complaint claims that James Hardie misled investors by stating that demand remained strong and inventory levels were normal, despite knowing that its North America Fiber Cement distributors were destocking inventory as early as April and May 2025 [2] - The positive statements made by the defendants about the company's business and prospects were materially misleading and lacked a reasonable basis [2] Lead Plaintiff Process - Investors in James Hardie have until December 23, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3] - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3] Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]