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News  ›  GlobeNewswire Inc.

JAMES HARDIE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of the Class Action Lawsuit Filed Against James Hardie Industries

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bragar Eagel & Squire, P.C.
JAMES HARDIE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors of the Class Action Lawsuit Filed Against James Hardie Industries

A class action lawsuit has been filed against James Hardie Industries alleging false statements about sales performance and inventory levels, resulting in a significant stock price drop of over 34%.

Insights
COFpI   neutral

Mentioned in context of portfolio conversion that may temporarily impact Mastercard's volume growth


JHX   negative

The lawsuit alleges the company made materially false and misleading statements about its North America Fiber Cement segment's performance, leading to a 34% stock price decline and potential investor losses