
Investors invited to lead classâaction against JamesâŊHardie for alleged market misstatements
âĒBy ADMIN
Related Stocks:JHX
U.S. shareholderârights firm Schall Law Firm has opened up leadership opportunities in a proposed classâaction lawsuit against James Hardie Industries plc (NYSE:âŊJHX) for alleged violations of SectionâŊ10(b), SectionâŊ20(a) of the Securities Exchange Act of 1934 and RuleâŊ10bâ5.âŊ
The suit targets investors who bought JamesâŊHardie securities between MayâŊ20,âŊ2025 and AugustâŊ18,âŊ2025 (the âClass Periodâ) and suffered losses when the company allegedly misled the market. According to the complaint, the firm downplayed weakening demand in its North American fiberâcement businessâdespite knowing distributors were destocking inventory.
On AugustâŊ19,âŊ2025, JamesâŊHardie disclosed a 12âŊ% sales decline and characterized it as ânormalization of channel inventories,â triggering investor losses once the truth emerged.
Investors interested in pursuing leadership roles in the case must contact the Schall Law Firm by DecemberâŊ23,âŊ2025, to discuss their rights and potential representation.
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