Hagens Berman Investigating Jamies Hardie (JHX) After 34% Plunge Due to Inventory Destocking

Core Viewpoint - The article discusses a securities class action lawsuit against James Hardie Industries plc, alleging that the company misled investors about the sustainability of growth in its North America Fiber Cement segment, leading to a significant stock price drop of 34% when the truth was revealed [1]. Summary by Relevant Sections Allegations - James Hardie and its executives are accused of falsely claiming that customer inventory levels were "normal" while they were actually experiencing aggressive inventory destocking starting in April and early May 2025 [1]. - The lawsuit claims that sales were inflated due to "inventory loading" by channel partners, which misrepresented the stability of customer demand and inventory levels [1]. Financial Impact - Following the disclosure of a 12% decline in North America Fiber Cement sales, James Hardie's stock dropped over 34%, approximately $9.79 per share [1]. - The lawsuit covers investors who purchased James Hardie securities between May 20, 2025, and August 18, 2025 [1]. Legal Issues - The key legal issues include whether James Hardie misrepresented the stability of customer demand and whether the failure to disclose alleged sales practices violated federal securities laws [1]. - The investigation is also looking into the sudden replacement of the CFO announced on November 17, 2025, as a potential indicator of the alleged issues [1]. Next Steps - Investors who suffered significant losses are encouraged to contact Hagens Berman to discuss their rights, with a lead plaintiff deadline set for December 23, 2025 [1].