Core Viewpoint - The James Hardie Industries plc is facing a class action lawsuit due to alleged misrepresentations regarding its North America Fiber Cement sales performance during a period of inventory destocking, leading to significant stock price decline [1][3][4]. Company Overview - James Hardie Industries plc designs and manufactures a variety of fiber cement building products, with manufacturing facilities located in both the United States and Australia [2]. Class Action Details - The class action lawsuit is titled "Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc" and is filed in the Northern District of Illinois [1]. - The lawsuit claims that during the class period from May 20, 2025, to August 18, 2025, the company and its executives made false statements about the strength of their sales, despite evidence of inventory destocking [3]. - On August 19, 2025, James Hardie disclosed a 12% decline in North America Fiber Cement sales, which resulted in a stock price drop of over 34% [4]. Legal Process - Investors who purchased James Hardie common stock during the class period can seek appointment as lead plaintiff in the lawsuit, which allows them to represent the interests of all class members [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6]. - The firm has a strong track record, being ranked 1 in monetary relief for investors in securities class action cases for four out of the last five years [6].

Core Viewpoint - A securities class action lawsuit has been filed against James Hardie Industries plc for failing to disclose material information during the Class Period, leading to significant financial losses for investors [3][4]. Group 1: Lawsuit Details - Investors have until December 23, 2025, to file lead plaintiff applications in the lawsuit against James Hardie, which is pending in the United States District Court for the Northern District of Illinois [1][2]. - The lawsuit alleges that James Hardie and certain executives violated federal securities laws by not disclosing a 12% decline in sales in the North America Fiber Cement segment, which was attributed to customer destocking [3]. - Following the disclosure of the sales decline, James Hardie's share price dropped over 34%, from $28.43 on August 18, 2025, to $18.64 on August 20, 2025, resulting in a loss of $9.79 per share [4]. Group 2: Company Background - Kahn Swick & Foti, LLC (KSF) is a prominent boutique securities litigation law firm, recognized among the top 10 firms nationally based on total settlement value [5]. - KSF represents a diverse range of clients, including institutional and retail investors, in seeking recoveries for investment losses due to corporate fraud or malfeasance [5].

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].

Core Points - ClaimsFiler has announced that investors in James Hardie Industries plc have until December 23, 2025, to file lead plaintiff applications in a securities class action lawsuit related to the company's share performance during the Class Period from May 20, 2025, to August 18, 2025 [1] - The lawsuit alleges that James Hardie and certain executives failed to disclose material information regarding the company's North America Fiber Cement segment, which saw a 12% decline in sales due to customer destocking [3][4] Company Information - The lawsuit is currently pending in the United States District Court for the Northern District of Illinois, under the case name Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, et al., No. 25-cv-13018 [4] - Following the disclosure of the sales decline, James Hardie's share price dropped over 34%, from $28.43 per share on August 18, 2025, to $18.64 per share on August 20, 2025 [4] Legal Context - The class action lawsuit is based on allegations of violations of federal securities laws due to the failure to disclose significant information that impacted investor decisions during the specified Class Period [3]

Core Points - A class action lawsuit has been filed against James Hardie Industries plc for allegedly making false and misleading statements regarding its North America Fiber Cement segment, which experienced weakening demand [3][7] - The lawsuit claims that James Hardie misrepresented the strength of demand and inventory levels, leading to a significant drop in share price after a 12% sales decline was disclosed [3][7] Allegation Details - The complaint alleges that James Hardie's North America Fiber Cement segment was facing weakening demand due to distributor inventory destocking known to the company by April and early May 2025 [3] - Despite this knowledge, the company falsely represented that demand remained strong and inventory levels were "normal" [3] - On August 19, 2025, James Hardie revealed a 12% sales decline in the segment, attributing it to "normalization of channel inventories," and warned of continued weakness [3] - Following this announcement, the company's share price dropped more than 34%, damaging investors [3] Next Steps - Investors who purchased or acquired James Hardie shares during the class period (May 20, 2025, to August 18, 2025) and suffered losses are encouraged to contact the law firm for more information [4][7] - There is no cost or obligation for investors to inquire about their rights or interests regarding the lawsuit [4]