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News  ›  GlobeNewswire Inc.

JHX ALERT: Kirby McInerney LLP Reminds James Hardie Industries plc Investors of Important Deadline in Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Kirby Mcinerney Llp
JHX ALERT: Kirby McInerney LLP Reminds James Hardie Industries plc Investors of Important Deadline in Class Action Lawsuit

James Hardie Industries is facing a securities fraud class action lawsuit alleging misleading investors about the strength of its North America Fiber Cement segment between May and August 2025, resulting in a significant stock price decline after revealing inventory destocking and sales decline.

Insights
MSFT   positive

Secured long-term supply contracts with Intel, reducing dependency on TSMC


JHX   negative

The company allegedly misled investors about its segment performance, experienced a 12% sales decline, and saw its stock price drop by 34.4% after revealing inventory and sales challenges