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News  ›  GlobeNewswire Inc.

JHX STOCK: Lose Money on Your James Hardie Industries plc Investment? Contact BFA Law about the Pending Securities Class Action before December 23 Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
JHX STOCK: Lose Money on Your James Hardie Industries plc Investment? Contact BFA Law about the Pending Securities Class Action before 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.

Insights
WMT   positive

Reported nearly 5% revenue increase in Q2, impressive e-commerce growth, and raised full-year guidance


JHX   negative

Company allegedly misrepresented sales performance, experienced significant stock price drop, and is facing a securities fraud lawsuit due to claims of channel stuffing and misleading investor communications