JHX Case Alert: Robbins LLP Reminds JHX Stockholders with Large Losses of the Opportunity to Lead the James Hardie Industries plc Securities Class Action

Core Viewpoint - James Hardie Industries plc is facing a class action lawsuit due to allegations of misleading investors about inventory destocking during a challenging market period [2][3][4]. Company Overview - James Hardie Industries plc is recognized as the leading producer of high-performance fiber cement building solutions in the United States, providing exterior home and outdoor living solutions [1]. Allegations and Legal Proceedings - The lawsuit claims that the company made false statements during the class period from May 20, 2025, to August 18, 2025, regarding the strength of its North America Fiber Cement segment, despite evidence of inventory destocking [2][3]. - On August 19, 2025, the company disclosed a 12% decline in sales for the North America Fiber Cement segment, attributed to customer destocking that had been occurring since April and May 2025 [4]. - Following this disclosure, the stock price of James Hardie dropped over 34%, from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025 [4]. Investor Information - Shareholders interested in participating in the class action must submit their papers by December 23, 2025, to serve as lead plaintiff [5].