James Hardie(US:JHX) Globenewswireยท2025-11-16 16:26Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors regarding the company's inventory levels and demand during the Class Period from May 20, 2025, to August 18, 2025 [1][2]. Group 1: Allegations Against James Hardie - The lawsuit 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 [2]. - The positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [2]. Group 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 is typically the investor or small group of investors with the largest financial interest [3]. Group 3: Firm Information - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm encourages affected investors to contact them for more information regarding the lawsuit [4].