James Hardie(US:JHX) Globenewswire·2025-12-15 20:49Core Viewpoint - A class action securities lawsuit has been filed against James Hardie Industries plc, alleging securities fraud that negatively impacted investors between May 20, 2025, and August 18, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie made false statements and concealed adverse facts regarding its North America segment, including deteriorating consumer demand and growth, which was primarily driven by overstocking rather than actual consumer demand [2]. - The complaint highlights that excessive inventory was present at James Hardie's North America distributors as a result of these misleading statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified period have until December 23, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving in this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years and is recognized as one of the top securities litigation firms in the United States [4].