JHX CLASS NOTICE: James Hardie Industries plc Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by December 23
James HardieJames Hardie(US:JHX) Newsfile·2025-12-08 13:08

Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for securities fraud, following a significant stock drop attributed to potential violations of federal securities laws [2][4]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [5]. Allegations and Financial Performance - The lawsuit claims that during the relevant period, James Hardie misled investors about the strength and momentum of its North American fiber cement segment, which was actually driven by inventory loading rather than sustainable customer demand [6]. - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, revealing that customers were destocking to return to normal inventory levels, which led to a stock price drop of over 34% from $28.43 to $18.64 per share [7]. Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO [8].

JHX CLASS NOTICE: James Hardie Industries plc Securities Class Action Lawsuit is Pending, Investors Notified to Contact BFA Law by December 23 - Reportify