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News  ›  GlobeNewswire Inc.

STOCK ALERT: James Hardie Industries plc (JHX) Investors may be Eligible for Compensation in Securities Class Action – Contact BFA Law by December 23 Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
STOCK ALERT: James Hardie Industries plc (JHX) Investors may be Eligible for Compensation in Securities Class Action – Contact BFA Law by December 23 Deadline

James Hardie Industries faces a securities fraud lawsuit alleging misleading statements about North American fiber cement sales, with stock dropping 34% after revealing significant inventory destocking.

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JHX   negative

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