James Hardie(US:JHX) Globenewswire·2025-11-24 20:02Core 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 concealment of adverse facts related to the company's North America segment [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from May 20, 2025, to August 18, 2025 [3]. - Allegations include that James Hardie's North America segment experienced deteriorating consumer demand and that growth was primarily driven by overstocking rather than actual consumer demand, leading to excessive inventory at distributors [3]. Shareholder Information - Shareholders are encouraged to register for the class action by December 23, 2025, to potentially be appointed as lead plaintiffs [4]. - Registration allows shareholders to receive updates on the case through portfolio monitoring software [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies engage in responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [5].