James Hardie(US:JHX) Newsfileยท2025-11-14 20:25Core Points - A class action securities lawsuit has been filed against James Hardie Industries plc, targeting alleged securities fraud that affected shareholders between May 20, 2025, and August 18, 2025 [2][3] - The lawsuit claims that the company made false statements and concealed negative facts regarding its North America segment, including deteriorating consumer demand and excessive inventory issues [3] Company Details - The complaint alleges that the growth in James Hardie's North America segment was primarily driven by overstocking rather than genuine consumer demand, leading to excessive inventory at distributors [3] - The lawsuit seeks to recover losses for shareholders who were adversely affected during the specified time frame, regardless of whether they still hold their shares [4] Legal Representation - Levi & Korsinsky LLP, a nationally recognized securities litigation firm, is representing the shareholders in this case, boasting a strong track record in securing recoveries for aggrieved investors [5]