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News  ›  GlobeNewswire Inc.

JHX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Announces that James Hardie Investors Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Faruqi & Faruqi, Llp
JHX SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Announces that James Hardie Investors Have Opportunity to Lead Class Action Lawsuit

Faruqi & Faruqi, LLP has filed a federal securities class action against James Hardie Industries plc, alleging the company made false statements about its North America Fiber Cement segment's strength between May-August 2025. Despite knowing distributors were destocking inventory in April-May, the company claimed demand remained strong. On August 19, 2025, James Hardie announced a 29% profit decline and lower earnings projections, causing its ADR price to fall 34.44% the following day. Investors with losses exceeding $100,000 are encouraged to contact the firm by the December 23, 2025 deadline to potentially serve as lead plaintiff.

Insights
SFpB   positive

The company is proactively engaging with investors through a public presentation, demonstrating transparency and confidence in its business performance


JHX   negative

The company is accused of making false and misleading statements about business strength while aware of deteriorating conditions. A 29% profit decline, lower earnings guidance, and 34.44% stock price drop following disclosure of actual conditions demonstrate significant financial and reputational damage.