James Hardie(US:JHX) Newsfileยท2025-11-23 12:18Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against James Hardie Industries plc for misleading investors regarding the performance of its North America Fiber Cement segment, with a class action lawsuit deadline set for December 23, 2025 [2][5]. Group 1: Legal Action and Investor Information - Investors who suffered losses exceeding $100,000 in James Hardie between May 20, 2025, and August 18, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal options [1]. - A federal securities class action has been filed against James Hardie, with a deadline for seeking the role of lead plaintiff on December 23, 2025 [2]. - The lead plaintiff in a class action is typically the investor with the largest financial interest who directs the litigation on behalf of the class [7]. Group 2: Allegations Against James Hardie - The complaint alleges that James Hardie and its executives violated federal securities laws by making false statements and failing to disclose the true state of its North America Fiber Cement segment [5]. - Despite knowing about inventory destocking by distributors, James Hardie falsely claimed that demand remained strong and stock levels were normal [5]. - Following the announcement of a 29% decline in first-quarter profit and lower-than-expected fiscal 2026 earnings, James Hardie's ADR price fell by $9.79, or 34.44%, closing at $18.64 on August 20, 2025 [6].