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News  ›  GlobeNewswire Inc.

JHX CLASS REMINDER: James Hardie Industries plc Investors with Losses May have been Affected by Fraud – Contact BFA Law by December 23 Legal Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
JHX CLASS REMINDER: James Hardie Industries plc Investors with Losses May have been Affected by Fraud – Contact BFA Law by December 23 Legal Deadline

A class action lawsuit alleges James Hardie Industries misrepresented its North American fiber cement sales performance, with stock dropping 34% after revealing significant inventory destocking and declining sales.

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JHX   negative

Company accused of fraudulent channel stuffing, misrepresenting sales performance, and experiencing significant stock price decline after revealing true sales conditions