James Hardie(US:JHX) Globenewswire·2025-11-11 17:49Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the company's inventory and demand situation during the Class Period from May 20, 2025, to August 18, 2025 [1][2] Allegations of Misconduct - The complaint claims that James Hardie made false statements about strong demand and normal stock levels while knowing that its North America Fiber Cement distributors were destocking inventory as early as April and May 2025 [2] - As a result, the positive statements made by the company regarding its business operations 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 act on behalf of all class members and select counsel to represent the class, with the ability to share in any recovery not affected by the decision to serve as a lead plaintiff [3] Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of fraud and corporate misconduct [4]