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].

Accessibility StatementSkip Navigation SAN DIEGO, Nov. 5, 2025 /PRNewswire/ -- Plaintiff alleges that on August 19, 2025, James Hardie shocked investors by belatedly disclosing that sales in North America Fiber Cement declined by 12% due to the customer destocking first discovered by defendants "in April through May." The company's CEO and Executive Director explained that the results reflect a "normalization of channel inventories" that was expected to impact sales for at least the next two quarters. On th ...

Oct 27, 2025 1:29 PM Eastern Daylight Time Rosen Law Firm Urges James Hardie Industries plc (NYSE: JHX) Stockholders with Large Losses to Contact the Firm for Information About Their Rights Share NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action lawsuit on behalf of purchasers and acquirers of James Hardie Industries plc (NYSE: JHX) common stock between May 20, 2025 through August 18, 2025, both dates inclusive (the "Class Periodâ ...