#Class Action #Berger Montague #James Hardie

Class Action Lawsuit Filed Against James Hardie Industries PLC

A significant legal development has emerged for investors in James Hardie Industries PLC, the prominent global building materials company known for its fiber cement products. The national plaintiffs' law firm Berger Montague PC has initiated a class action lawsuit targeting James Hardie, traded on the New York Stock Exchange under the symbol JHX. This action concerns investors who purchased common stock or American Depositary Shares during the class period from May 20, 2025, to August 18, 2025.

Background of the Lawsuit

The essence of the complaint alleges that James Hardie misled its investors regarding the strength of its core Fiber Cement segment, particularly affecting the North American market. Throughout the class period, the company purportedly maintained that demand for their products remained robust and that inventory levels were normal. However, it has come to light that the reality was starkly different. By April and early May of 2025, James Hardie was reportedly aware that distributors were engaged in destocking inventory, a significant indication that demand was faltering, contrary to their public statements.

The situation escalated on August 19, 2025, when James Hardie revealed a shocking 12% decline in sales for the Fiber Cement segment. This announcement came with an explanation attributing the downturn to a