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News  ›  GlobeNewswire Inc.

JHX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that James Hardie Industries plc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
JHX INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that James Hardie Industries plc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

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

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The lawsuit alleges the company misrepresented its financial performance, made misleading statements about demand and inventory, and experienced a substantial 34% stock price decline after revealing a 12% sales segment decline