TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

JHX FINAL COURT REMINDER: James Hardie Industries plc Securities Fraud Deadline Approaching – Contact BFA Law before Tuesday’s December 23 Court Deadline

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bleichmar Fonti & Auld Llp
JHX FINAL COURT REMINDER: James Hardie Industries plc Securities Fraud Deadline Approaching – Contact BFA Law before Tuesday’s December 23 Court Deadline

A class action lawsuit has been filed against James Hardie Industries plc for securities fraud, alleging the company misrepresented North American fiber cement sales as sustainable customer demand when they were actually driven by inventory loading (channel stuffing). The company's stock fell over 34% on August 19, 2025, after revealing a 12% sales decline and expected continued destocking. Investors have until December 23, 2025, to request lead plaintiff status.

Insights
FMCC   neutral

Mentioned as an agency providing guarantees for mortgage-backed securities, with no specific investment recommendation


JHX   negative

The company is facing a securities fraud class action lawsuit for allegedly misrepresenting sales figures through channel stuffing. Stock declined 34% after the truth was revealed, and the CFO resigned. The allegations indicate management deception regarding business performance and sustainability of sales.