#United States #New York #Securities Fraud #Lead Plaintiff #James Hardie

Levi & Korsinsky Informs Shareholders of Lead Plaintiff Deadline

Levi & Korsinsky, LLP, a well-known law firm specializing in securities litigation, has recently reached out to investors of James Hardie Industries plc. The firm is notifying shareholders about an impending lead plaintiff deadline regarding a class action lawsuit against the company. This alert is significant for individuals who may have suffered financial losses due to alleged securities fraud that occurred between May 20, 2025, and August 18, 2025.

Overview of the Class Action Lawsuit

The lawsuit has been filed to recover damages suffered by shareholders of James Hardie Industries plc (NYSE: JHX) attributed to certain misleading or false statements made by the company's executives. According to the complaint, there were several adverse issues that were not disclosed to investors. Concern has been raised that the North American segment's performance was not driven by genuine consumer demand, but rather by an overstock situation which masked declining consumer interest.

Allegations Against James Hardie Industries

In specific terms, the complaint alleges the following critical points:
1. Deteriorating Demand: The primary consumer demand in James Hardie's North America segment appeared to be weakening, which potentially misled investors about the nature of the company’s growth.
2. Overstocking Issues: It is argued that the growth noticed during the class period was not a result of genuine market demand but was artificially inflated due to overstocking issues, leading to excess inventory at the distributors.
3. Excessive Inventory: The lawsuit highlights that the company's North America distributors were dealing with excessive inventories, indicating severe underlying issues in sales and consumer demand.

Lead Plaintiff Deadline

Shareholders who believe their investment was adversely affected by the alleged fraud have until December 23, 2025, to step forward and apply to be appointed as lead plaintiff in this case. It’s essential to recognize that participation in this lawsuit does not necessitate serving as lead plaintiff to benefit from any potential recovery.

No Out-of-Pocket Costs

One of the appealing factors for class members is that they may be eligible for compensation without having to bear any out-of-pocket expenses. This provision emphasizes that participation in this class action requires no financial commitment from shareholders, further encouraging affected individuals to consider their involvement.

Advantages of Engaging with Levi & Korsinsky

Levi & Korsinsky has an impressive track record over the last two decades, having successfully secured hundreds of millions of dollars for aggrieved shareholders. Their adept handling of high-stakes cases has earned them a reputation as one of the top securities litigation firms in the country, consistently recognized in ISS Securities Class Action Services' Top 50 Report. With a dedicated team of over 70 professionals, the firm is well-equipped to navigate the complexities associated with securities litigation, providing robust representation to investors.

Conclusion

This notification serves as a critical reminder to shareholders of James Hardie Industries to evaluate their positions in light of the ongoing lawsuit. Those who have experienced losses during the specified period are encouraged to connect with Levi & Korsinsky for support and guidance on how to proceed. Given the deadline, it is advisable for affected investors to act swiftly to safeguard their rights and potentially recover losses incurred as a result of the alleged securities fraud.

For further details, shareholders can reach out to Joseph E. Levi at Levi & Korsinsky, LLP:

• - Email: [email protected]
• - Phone: (212) 363-7500.

It is essential for shareholders to stay informed and proactive, and resources like Levi & Korsinsky can provide valuable assistance throughout this complex process.