TUESDAY INVESTOR DEADLINE: James Hardie Industries plc Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit alleging securities fraud due to misleading statements about its North America Fiber Cement segment's performance during a period of inventory destocking [1][4][5]. Group 1: Lawsuit Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and was filed in the Northern District of Illinois [1]. - The lawsuit claims that James Hardie and certain executives violated the Securities Exchange Act of 1934 by providing false assurances about the strength of their business segment despite evidence of inventory destocking [4]. - Investors are encouraged to seek appointment as lead plaintiff by December 23, 2025, if they purchased James Hardie common stock between May 20, 2025, and August 18, 2025 [1][6]. Group 2: Financial Impact - On August 19, 2025, James Hardie reported a 12% decline in sales for its North America Fiber Cement segment, attributed to customer destocking, which was first identified in April and May 2025 [5]. - Following this disclosure, the stock price of James Hardie dropped by over 34%, indicating a significant market reaction to the news [5]. Group 3: Company Background - James Hardie Industries designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is recognized as a leading firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [7].