James Hardie(US:JHX) Globenewswire·2025-12-23 21:29Core Viewpoint - A class action securities lawsuit has been filed against James Hardie Industries plc, alleging securities fraud that affected 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, and that overstocking was the primary driver of growth during the class period [2]. - It is alleged that excessive inventory was present at James Hardie's North America distributors due to these misleading statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified time frame have until December 23, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders and being recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].