James Hardie Industries Faces Shareholder Class Action Lawsuit Over Misleading Statements
James Hardie Industries Under Legal Scrutiny
James Hardie Industries plc is currently embroiled in a class action lawsuit that may impact its investors significantly. The DJS Law Group has raised awareness regarding this lawsuit initiated for alleged violations of securities laws, specifically the Securities Exchange Act of 1934. Shareholders who acquired shares of James Hardie (NYSE: JHX) between May 20, 2025, and August 18, 2025, are encouraged to reach out to the firm for potential lead plaintiff positions, although becoming a lead plaintiff is not a prerequisite for participation in the case.
Details of the Class Action
The allegations against James Hardie center on claims that the company provided false and misleading representations regarding its Fiber Cement products. Specifically, James Hardie is said to have asserted that demand for its Fiber Cement remained robust in North America, despite evidence to the contrary indicating that distributors were actively reducing their inventory levels. This discrepancy seems to have resulted in a significant sales decline of 12% in this segment, as reported on August 19, 2025, which the company attempted to rationalize as a
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