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Class Action Reminder: JHX Investors with Large Losses Should Contact Robbins LLP for Information About Leading the James Hardie Industries plc Class Action
Prnewswire· 2025-11-05 23:32
Core Viewpoint - James Hardie Industries plc is facing a class action lawsuit for allegedly misleading investors about inventory destocking in its North America Fiber Cement segment, which led to a significant decline in sales and stock price [1][2][3]. Group 1: Allegations and Misleading Statements - The lawsuit claims that despite early signs of inventory destocking in April and May 2025, the company made false assurances to investors on May 20 and 21, 2025, about the strength of the segment and denied any destocking was occurring [2]. - The complaint highlights that the company engaged in practices resembling fraudulent channel stuffing, misrepresenting sales as driven by sustainable customer demand [2]. Group 2: Impact on Sales and Stock Price - On August 19, 2025, James Hardie disclosed a 12% decline in sales for the North America Fiber Cement segment due to customer destocking, which had been known to the company since April and May [3]. - Following this announcement, the company's stock price plummeted over 34%, dropping from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025 [3]. Group 3: Class Action Participation - Shareholders are informed that they may be eligible to participate in the class action against James Hardie Industries plc, with a deadline to submit papers to serve as lead plaintiff by December 23, 2025 [4]. - It is noted that shareholders do not need to participate in the case to be eligible for recovery, allowing them to remain as absent class members if they choose [4].
Shareholders of James Hardie Industries plc. Should Contact The Gross Law Firm Before December 23, 2025 to Discuss Your Rights – JHX
Globenewswire· 2025-11-05 23:01
NEW YORK, Nov. 05, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of James Hardie Industries plc. (NYSE: JHX). Shareholders who purchased shares of JHX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/james-hardie-industries-plc-loss-submission-form/?id=175416&from=3 CLASS ...
Deadline Approaching: James Hardie Industries plc (JHX) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith
Businesswire· 2025-11-05 17:00
Core Points - The article highlights the upcoming deadline of December 23, 2025, for investors to file a lead plaintiff motion in a case concerning James Hardie Industries plc [1] Company Information - The case is filed on behalf of investors who purchased James Hardie common stock during the class period from May 20, 2025, to August 18, 2025 [1]
James Hardie (NYSE: JHX) Securities Class Action: Johnson Fistel Reminds Investors of December 23 Deadline to Seek Lead Plaintiff Appointment
Globenewswire· 2025-11-05 14:57
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors about the strength of its North America Fiber Cement segment during a period of inventory destocking [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired James Hardie securities between May 20, 2025, and August 18, 2025, and seeks to recover losses under federal securities laws [1][2]. - Investors have until December 23, 2025, to seek appointment as lead plaintiff if they suffered losses during the Class Period [2]. Group 2: Allegations Against James Hardie - The lawsuit claims that James Hardie made false assurances about the strength of its Fiber Cement segment, despite evidence of inventory destocking starting in April and May 2025 [3]. - It is alleged that the company misrepresented sales as being driven by sustainable customer demand rather than fraudulent channel stuffing practices [3]. Group 3: Financial Impact - On August 19, 2025, James Hardie reported a 12% decline in its North America Fiber Cement segment, attributing it to "normalization of channel inventories" and warned of continued weakness [4]. - Following this disclosure, the company's stock price fell by more than 34%, resulting in significant losses for investors [4].
TimberTech Unveils New Privacy Screen and Railing Options to Revolutionize Outdoor Living
Prnewswire· 2025-11-05 14:17
Core Insights - TimberTech, part of the James Hardie portfolio, has launched two innovative products, Advantage Rail and Impression Privacy Screen, aimed at enhancing outdoor living spaces [1][3] - The new products focus on installation efficiency and privacy options, addressing market demands for streamlined processes and aesthetic appeal [3][7] Product Overview - **Advantage Rail**: A low-maintenance composite railing featuring patent-pending SPEEDLoc Technology for quick installation, requiring 25% fewer fasteners than competitors, and comes with a 25-year limited product warranty [4][7] - **Impression Privacy Screen**: A unique solution combining decorative screening and functional railing, designed to work with the Impression Rail Express system, and is wind-load tested for durability [5][7] - **Fulton Rail**: A durable galvanized steel railing that is now available nationwide, enhancing TimberTech's metal railing offerings with fire-resistant features [6][8] Market Positioning - The new product launches reinforce TimberTech's commitment to customer-driven innovation, focusing on ease of installation, design versatility, and long-term performance [7][8] - The expanded product lineup positions TimberTech as a leader in the outdoor living market, combining durability, aesthetics, and installation efficiency [8]
JAMES HARDIE CLASS ACTION LAWSUIT: James Hardie Industries plc (NYSE:JHX) Investors with Losses are Notified of the December 23 Court Deadline – Contact BFA Law
Globenewswire· 2025-11-05 13:07
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc and certain senior executives for securities fraud following a significant stock drop due to potential violations of federal securities laws [1][3]. Company Overview - James Hardie Industries plc is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the United States and Canada [4]. Allegations and Misrepresentation - During the relevant period, James Hardie claimed that its North American fiber cement segment showed "inherent strength" and "underlying momentum," while in reality, sales were inflated due to inventory loading by channel partners, indicating fraudulent channel stuffing rather than genuine customer demand [5]. Stock Performance and Impact - On August 19, 2025, James Hardie disclosed a 12% decline in North American fiber cement sales, attributed to destocking efforts by customers. This revelation led to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 within a day [6].
JHX: Kirby McInerney LLP Advises James Hardie Industries plc Investors of Class Action Lawsuit
Globenewswire· 2025-11-04 23:00
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc, alleging that the company misled investors regarding the performance of its North America Fiber Cement segment during the specified class period from May 20, 2025, to August 18, 2025 [3]. Group 1: Lawsuit Details - The lawsuit claims that James Hardie falsely asserted that demand for its products remained strong, despite knowledge of inventory destocking among distributors [3]. - Investors who suffered losses on their James Hardie investments have until December 23, 2025, to request lead plaintiff appointment [2]. Group 2: Financial Impact - On August 19, 2025, James Hardie reported a 12% decline in North American net sales for fiscal Q1 2026, attributing this to lower volumes as customers adjusted inventory levels [4]. - Following the earnings report, James Hardie's share price dropped by $9.79, or approximately 34.4%, from $28.43 to $18.64 per share [4].
ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages James Hardie Industries plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – JHX
Globenewswire· 2025-11-04 17:23
Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of James Hardie Industries plc during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1][5]. Group 1: Class Action Details - Investors who bought James Hardie common stock between May 20, 2025, and August 18, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by December 23, 2025 [3][5]. - The lawsuit alleges that James Hardie misled investors regarding the strength of its North America Fiber Cement segment, claiming demand was strong while distributors were actually destocking inventory [5]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [4]. - Rosen Law Firm has a history of successful settlements, including the largest securities class action settlement against a Chinese company at the time, and has recovered hundreds of millions for investors [4]. Group 3: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - It is noted that no class has been certified yet, and investors may choose to remain absent or select their own counsel [7].
JHX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of James Hardie
Globenewswire· 2025-11-04 17:12
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against James Hardie Industries plc due to allegations of misleading investors about the strength of its North America Fiber Cement segment, with a deadline for lead plaintiff applications set for December 23, 2025 [4][6]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses exceeding $10,000 in James Hardie between May 20, 2025, and August 18, 2025, to discuss their legal rights [1]. - A federal securities class action has been filed against James Hardie, with a reminder of the December 23, 2025, deadline for seeking the role of lead plaintiff [4][8]. - The complaint alleges that James Hardie and its executives violated federal securities laws by making false statements and failing to disclose critical information regarding inventory destocking [6]. Group 2: Financial Performance - On August 19, 2025, James Hardie reported a 29% decline in first-quarter profit for the period ending June 30, 2025, and projected lower-than-expected fiscal 2026 earnings due to high borrowing costs [6]. - Following the announcement of these financial results, the price of James Hardie's American Depositary Receipt (ADR) fell by $9.79, or 34.44%, closing at $18.64 per ADR on August 20, 2025 [7]. Group 3: Company Background - Faruqi & Faruqi, LLP is a national securities law firm with a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [5]. - The firm is actively seeking information from whistleblowers, former employees, and shareholders regarding James Hardie's conduct [9].
Law Offices of Frank R. Cruz Encourages James Hardie Industries plc (JHX) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2025-11-04 17:06
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc (JHX) for securities fraud, following a significant decline in sales and misleading statements made by the company during the class period [1][4]. Summary by Sections Lawsuit Announcement - The Law Offices of Frank R. Cruz announced a class action lawsuit on behalf of shareholders who purchased James Hardie common stock between May 20, 2025, and August 18, 2025. Shareholders have until December 23, 2025, to file a lead plaintiff motion [1]. Company Performance - On August 19, 2025, James Hardie reported a 12% decline in sales in its North America Fiber Cement segment due to customer destocking, which was known to the company since April. This decline is expected to impact sales for at least the next two quarters [3]. Stock Price Impact - Following the sales disclosure, James Hardie's stock price dropped by $9.79, or 34.4%, closing at $18.64 per share on August 20, 2025, resulting in significant losses for investors [3]. Allegations in the Lawsuit - The lawsuit alleges that the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business. Specifically, it claims that sales were inflated due to inventory loading by channel partners rather than genuine customer demand, rendering the company's positive statements misleading [4].