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News  ›  GlobeNewswire Inc.

JHX 3-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Claims in Pending Class Action Suit Challenging James Hardie’s (JHX) Alleged Sales Practices

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Hagens Berman
JHX 3-DAY DEADLINE ALERT: Hagens Berman Scrutinizing Claims in Pending Class Action Suit Challenging James Hardie’s (JHX) Alleged Sales Practices

Hagens Berman is investigating a securities class action against James Hardie Industries (JHX) alleging senior management misled investors about inventory levels while channel partners were destocking. The alleged deception caused a 34% stock collapse in August 2025 and led to the CFO's resignation in November. Investors with losses between May 20 and August 18, 2025, are urged to submit claims before the December 23 deadline.

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JHX   negative

The company is accused of deliberately misleading investors about inventory levels and customer demand in its North America Fiber Cement segment. The allegations resulted in a 34% stock price decline, CFO resignation, and ongoing securities litigation, indicating serious corporate governance and disclosure failures.