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JHX Deadline: Rosen Law Firm Urges James Hardie Industries plc (NYSE: JHX) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2025-12-19 19:47
Core Viewpoint - A class action lawsuit has been filed against James Hardie Industries plc for allegedly misleading investors about its business operations, particularly regarding the North America Fiber Cement segment during the specified class period [1][2][3]. Group 1: Allegations - The lawsuit claims that James Hardie misled investors about the strength of its North America Fiber Cement segment between May 20 and August 18, 2025, despite knowing that distributors were destocking inventory [3]. - The company falsely asserted that demand remained strong and that stock levels were "normal," leading to investor damages when the true situation was revealed [3]. Group 2: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must file motions with the court by December 23, 2025, to represent other class members in the litigation [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Rosen Law Firm - Rosen Law Firm specializes in securities class actions and has a track record of recovering over $1 billion for shareholders [6]. - The firm operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5].
JHX Class Action Reminder: James Hardie Industries plc Investors Can Lead the Securities Class Action Lawsuit - Contact Robbins LLP for Information
Prnewswire· 2025-12-01 21:18
Core Viewpoint - James Hardie Industries plc is facing a class action lawsuit due to allegations of misleading investors about inventory destocking during a challenging market period [1][3]. Group 1: Company Overview - James Hardie Industries plc is the leading producer of high-performance fiber cement building solutions in the United States [1]. - The company provides exterior home and outdoor living solutions [1]. Group 2: Class Action Details - The class period for the lawsuit is from May 20, 2025, to August 18, 2025 [1]. - The lawsuit was initiated by Robbins LLP on behalf of investors who acquired shares during the class period [1][5]. Group 3: Allegations and Impact - The complaint alleges that the company made false statements regarding the strength of its North America Fiber Cement segment, despite evidence of inventory destocking starting in April and May 2025 [3]. - On August 19, 2025, the company disclosed a 12% decline in sales for the North America Fiber Cement segment, attributed to customer destocking, leading to a stock price drop of over 34% [4].
JHX Case Alert: Robbins LLP Reminds JHX Stockholders with Large Losses of the Opportunity to Lead the James Hardie Industries plc Securities Class Action
Globenewswire· 2025-11-13 13:15
Core Viewpoint - James Hardie Industries plc is facing a class action lawsuit due to allegations of misleading investors about inventory destocking during a challenging market period [2][3][4]. Company Overview - James Hardie Industries plc is recognized as the leading producer of high-performance fiber cement building solutions in the United States, providing exterior home and outdoor living solutions [1]. Allegations and Legal Proceedings - The lawsuit claims that the company made false statements during the class period from May 20, 2025, to August 18, 2025, regarding the strength of its North America Fiber Cement segment, despite evidence of inventory destocking [2][3]. - On August 19, 2025, the company disclosed a 12% decline in sales for the North America Fiber Cement segment, attributed to customer destocking that had been occurring since April and May 2025 [4]. - Following this disclosure, the stock price of James Hardie dropped over 34%, from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025 [4]. Investor Information - Shareholders interested in participating in the class action must submit their papers by December 23, 2025, to serve as lead plaintiff [5].
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].
Rosen Law Firm Urges James Hardie Industries plc (NYSE: JHX) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2025-10-27 17:29
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against James Hardie Industries plc, alleging that the company misled investors regarding the strength of its North America Fiber Cement segment during the specified class period from May 20, 2025, to August 18, 2025 [1][3]. Group 1: Allegations and Misleading Information - The lawsuit claims that James Hardie Industries misrepresented the demand for its products, stating that stock levels were "normal" despite knowledge of distributors destocking inventory [3]. - Investors are alleged to have suffered damages when the true state of the company's operations became known [3]. Group 2: Legal Proceedings and Participation - Shareholders wishing to serve as lead plaintiffs must file motions with the court by December 23, 2025 [4]. - Participation in the class action is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 3: Rosen Law Firm's Background - Rosen Law Firm is recognized for its commitment to shareholder rights litigation, having recovered over $1 billion for shareholders since its inception [6].