James Hardie(US:JHX) Globenewswire·2025-12-22 20:49Core Viewpoint - The Gross Law Firm is notifying shareholders of James Hardie Industries plc regarding a class action lawsuit due to alleged false statements and concealed adverse facts about the company's North America segment [1][3]. Group 1: Allegations - The class period for the allegations is from May 20, 2025, to August 18, 2025 [3]. - Allegations include that primary consumer demand and growth in the North America segment were deteriorating, and that overstocking was the main driver of growth, not consumer demand [3]. - There was excessive inventory at James Hardie's North America distributors as a result of these issues [3]. Group 2: Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to register for the class action, with a deadline of December 23, 2025, to seek lead plaintiff status [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].