James Hardie(US:JHX) Prnewswire·2025-11-24 13:45Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of James Hardie Industries plc regarding a class action lawsuit due to alleged false statements and concealed adverse facts about the company's North America segment [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that James Hardie's North America segment faced deteriorating primary consumer demand and growth [1]. - It is claimed that overstocking was the main driver of growth in the North America segment during the class period, rather than genuine consumer demand [1]. - Excessive inventory at James Hardie's North America distributors is cited as a consequence of these issues [1]. Class Period and Registration - The class period for the allegations is from May 20, 2025, to August 18, 2025 [1]. - Shareholders are encouraged to register for the class action by December 23, 2025, to potentially be appointed as lead plaintiffs [2]. Firm's Mission - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [3]. - The firm seeks recovery for investors who suffered losses due to misleading statements or omissions that led to artificial inflation of stock prices [3].