Significant Alert for James Hardie Investors
In recent news, Kahn Swick & Foti, LLC (KSF), in conjunction with its partner and former Louisiana Attorney General Charles C. Foti, Jr., has issued an important reminder to shareholders of James Hardie Industries plc (NYSE: JHX). Investors who have incurred losses exceeding $100,000 while holding shares between May 20, 2025, and August 18, 2025, are urged to take note of the upcoming lead plaintiff application deadline for a securities class action lawsuit against the company.
Key Facts of the Case
The lawsuit, currently filed in the United States District Court for the Northern District of Illinois, alleges that James Hardie and certain executives failed to disclose critical information during the defined class period, thereby violating federal securities laws. Notably, on August 19, 2025, the company revealed a significant decline in sales within its North America Fiber Cement segment. This sharp decline of 12% was attributed to customer destocking, an issue that was first identified earlier in the spring. This news was especially troubling as it contradicted previous statements assuring the segment's strength.
As a direct result of these disclosures, James Hardie’s stock price witnessed a drastic drop—falling over 34%, from a value of $28.43 per share on August 18, to a mere $18.64 per share by August 20. Such a significant loss left shareholders reeling and prompted legal action from the affected parties.
How to Participate in the Lawsuit
Affected investors who purchased shares during the specified class period and wish to discuss their options to recover losses can reach out to KSF Managing Partner Lewis Kahn without any obligation. Interested parties can contact Kahn by calling 1-877-515-1850 or via email at [email protected]. Additionally, KSF's official website provides further information about the lawsuit and the necessary steps to join. The deadline to submit a lead plaintiff application is December 23, 2025.
Background Information on Kahn Swick & Foti, LLC
KSF is recognized as a leading boutique securities litigation firm, with a strong focus on representing institutional and retail investors affected by corporate fraud. With a solid reputation for settlement values, KSF stands out among its peers, making it one of the top firms nationally according to SCAS rankings. Their extensive experience could prove invaluable for investors navigating this tumultuous legal landscape.
This announcement serves as a critical reminder for James Hardie shareholders to be proactive regarding their potential claims. It emphasizes the importance of addressing such situations promptly, given the ticking clock on legal remedy options. For in-depth updates and further support, stakeholders should visit
www.ksfcounsel.com.
Stay informed and consider your legal rights carefully; the deadline for participation in this significant class action lawsuit is fast approaching.