Faruqi & Faruqi Initiates Investigation for James Hardie Investors
Faruqi & Faruqi, LLP, a prominent national securities law firm, has announced it is examining potential legal claims on behalf of shareholders of James Hardie Industries plc (NYSE: JHX). This investigation comes as the firm aims to provide support to investors who may have suffered financial losses from May 20 to August 18, 2025. Affected individuals are encouraged to reach out to Securities Litigation Partner Josh Wilson for counsel regarding their options.
The need for this investigation arises in light of serious allegations regarding James Hardie's misleading statements concerning the strength of its North American Fiber Cement segment. Despite the company reportedly knowing about significant destocking among distributors, it continued to assert that demand was robust and inventory levels were normal. This discrepancy raises concerns about the transparency and accuracy of the information disclosed to investors.
On August 19, 2025, James Hardie released its financial results for the first quarter ended June 30, 2025. The report revealed a staggering 29% drop in first-quarter profits, coupled with the projection of lower-than-expected earnings for fiscal year 2026 due to elevated borrowing costs. Following this news, there was a considerable negative market reaction, as the stock price of James Hardie's American Depositary Receipt (ADR) dropped by $9.79, equivalent to a 34.44% decrease, leading to a closing price of $18.64 on August 20, 2025.
In light of these developments, Faruqi & Faruqi reminds investors of the impending deadline of December 23, 2025, for filing a motion to serve as lead plaintiff in the federal securities class action against James Hardie. The lead plaintiff will be tasked with directing and overseeing the litigation process on behalf of all affected shareholders. However, potential class members are not obliged to become lead plaintiffs; they may still be eligible to receive compensation without this role.
For those considering action, Faruqi & Faruqi encourages them to contact the firm directly, especially if they possess additional information relating to James Hardie’s operational conduct. This outreach includes insights from whistleblowers, former employees, or any other investors who could shed light on the company's actions.
Faruqi & Faruqi's track record speaks volumes, as the firm has recovered hundreds of millions of dollars for investors since its inception in 1995. Its expertise in securities litigation positions it to navigate the complexities of this case effectively, ensuring that the rights of affected shareholders are vigorously defended.
In sum, the firm remains committed to pursuing justice for those impacted by James Hardie Industries' alleged misrepresentations. Investors who believe they have a claim should not hesitate to contact the firm via the specified phone numbers or visit their website for further information on the class action and to explore their legal options thoroughly.
For more information, individuals can reach Faruqi & Faruqi LLP at 877-247-4292 or 212-983-9330 (Ext. 1310) or visit their dedicated page on this matter:
Faruqi & Faruqi - James Hardie Class Action.
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