Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for securities fraud, following a significant stock drop attributed to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with a deadline for investors to seek lead plaintiff status by December 23, 2025 [3]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in James Hardie common stock [3]. Group 2: Company Background - James Hardie is a producer and marketer of high-performance fiber cement building solutions, primarily used in external siding for the residential building industry in the U.S. and Canada [4]. Group 3: Allegations of Misrepresentation - During the relevant period, James Hardie claimed strong performance in its North American fiber cement segment, asserting "inherent strength" and "underlying momentum" in its strategy [5]. - The lawsuit alleges that the reported sales were due to inventory loading by channel partners rather than genuine customer demand, indicating potential fraudulent practices [5]. Group 4: Stock Performance Impact - On August 19, 2025, James Hardie reported a 12% decline in North American fiber cement sales, leading to a stock price drop of $9.79 per share, or over 34%, from $28.43 to $18.64 [6]. - The company indicated that significant inventory destocking would continue to affect sales for several quarters [6]. Group 5: Management Changes - On November 17, 2025, it was announced that Rachel Wilson would step down from her role as CFO of James Hardie [7].

Core Points - The New Home Company will release its financial results for the fiscal 2025 fourth quarter on November 13, 2025, and will host a conference call at 8:00 AM Pacific Time to discuss the results and recent events [1] - Eligible participants, including holders of the Company's Senior Notes, must request access to the conference call and webcast through the Company's website at least two business days prior to the event [2] - The New Home Company is a diversified asset-light homebuilder focused on designing, constructing, and selling attainable single-family homes targeting entry-level and first-time move-up buyers in high-growth markets across several states [3]

Core Insights - Western Alliance Bank has financed the construction of the Senator Joseph M. Neal Jr. Apartments, a 192-unit affordable housing community in North Las Vegas, with a focus on providing affordable housing for seniors and residents in need [1][5][6] Financing Details - The financing includes the purchase of $43.8 million in tax-exempt construction bonds and an investment of 49% of the $35.1 million in tax credit equity [2] Project Specifications - The development will consist of 180 one-bedroom and 12 two-bedroom units, featuring amenities such as on-site laundry, a community center, recreational space, a clubhouse, a fitness center, a computer lab, and a dog park [3] - Construction is expected to be completed by the summer of 2027, with a senior leasing preference for individuals aged 55 and above [4] Community Impact - The Southern Nevada Regional Housing Authority indicates that Las Vegas requires an additional 92,000 housing units, highlighting the significance of this project in addressing housing shortages [5] - Nearly two-thirds of the apartments will benefit from a 20-year HUD Section 8 Housing Assistance Program contract, with units restricted to residents earning at or below 30%, 50%, or 60% of the area median income [6] Development Partnerships - The project is co-developed by the Southern Nevada Regional Housing Authority and affordable housing developer McCormack Baron Salazar, showcasing a collaborative effort to enhance community well-being [5][9] - Merchants Capital is also involved in the financing, emphasizing the importance of partnerships in creating sustainable and affordable housing solutions [8][9]