James Hardie(US:JHX) Globenewswire·2025-12-20 13:49Core Viewpoint - A securities class action has been filed against James Hardie Industries plc, alleging that the company's management misled investors about inventory levels while being aware of destocking by channel partners [2][4]. Group 1: Allegations and Impact - The lawsuit claims that James Hardie's senior management falsely represented inventory levels as "robust" and "normal," despite knowing about significant destocking since April 2025 [2][7]. - Following the disclosure of this information on August 20, 2025, James Hardie's stock price fell by 34%, leading to substantial losses for investors [2][7]. - The abrupt resignation of CFO Rachel Wilson on November 17, 2025, occurred shortly after the stock collapse, indicating potential internal turmoil [2]. Group 2: Legal Actions and Investor Guidance - Hagens Berman is urging investors who suffered losses between May 20, 2025, and August 18, 2025, to come forward and discuss their legal options, including the possibility of becoming Lead Plaintiff [5]. - The firm is investigating whether the perceived strength in the North American segment was actually due to inventory loading, which was not disclosed to investors [3][7]. - Investors are encouraged to submit their losses through a secure form provided by Hagens Berman, and whistleblowers with non-public information are invited to assist in the investigation [6].