James Hardie(US:JHX) Globenewswire·2025-11-19 21:44Core Points - The Gross Law Firm has issued a notice to shareholders of James Hardie Industries plc regarding a class action lawsuit related to misleading statements and concealed adverse facts about the company's North America segment [1][3]. - The class period for the lawsuit is from May 20, 2025, to August 18, 2025, during which it is alleged that the primary consumer demand and growth in the North America segment were deteriorating, and overstocking was the main driver of growth [3]. - Shareholders are encouraged to register for the class action by December 23, 2025, to potentially become lead plaintiffs and participate in recovery efforts [4]. Allegations - The complaint alleges that James Hardie made false statements regarding the health of its North America segment, specifically that consumer demand was declining and excessive inventory was present at distributors [3]. - It is claimed that the growth during the class period was primarily due to overstocking rather than genuine consumer demand [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period should register to be enrolled in a portfolio monitoring system that will provide updates on the case [4]. - There is no cost or obligation for shareholders to participate in the class action [4]. About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit and illegal business practices [5]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].