James Hardie(US:JHX) Businesswire·2025-12-19 19:47Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors about its business operations, particularly regarding the North America Fiber Cement segment during the specified class period [1][2][3]. Group 1: Allegations - The lawsuit claims that James Hardie misled investors about the strength of its North America Fiber Cement segment between May 20 and August 18, 2025, despite knowing that distributors were destocking inventory [3]. - The company falsely asserted that demand remained strong and that stock levels were "normal," leading to investor damages when the true situation was revealed [3]. Group 2: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must file motions with the court by December 23, 2025, to represent other class members in the litigation [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Rosen Law Firm - Rosen Law Firm specializes in securities class actions and has a track record of recovering over $1 billion for shareholders [6]. - The firm operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5].