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News  ›  GlobeNewswire Inc.

James Hardie (NYSE: JHX) Securities Class Action: Johnson Fistel Reminds Investors of December 23 Deadline to Seek Lead Plaintiff Appointment

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Johnson Fistel, Pllp
James Hardie (NYSE: JHX) Securities Class Action: Johnson Fistel Reminds Investors of December 23 Deadline to Seek Lead Plaintiff Appointment

A class action lawsuit has been filed against James Hardie Industries for allegedly making false statements about its North America Fiber Cement segment's performance between May and August 2025, leading to a significant stock price decline after revealing inventory normalization.

Insights
BRK.B   neutral

Cautious investment approach with significant cash reserves, maintaining long-term core positions while being selective about new stock purchases


JHX   negative

The company is accused of misleading investors about its segment performance, resulting in a 34% stock price drop and potential fraudulent channel inventory practices