
James Hardie Industries plc Faces Securities Lawsuit Over Alleged Misleading Statements
•By ADMIN
Related Stocks:JHX
Sydney‑based building materials firm James Hardie Industries plc (NYSE: JHX) has been named in a class‑action lawsuit for alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b‑5.
The suit covers the period May 20 to August 18, 2025, during which the company is accused of falsely assuring investors that North American demand for its fibre‑cement products remained solid, despite internal awareness that major distributors were reducing inventories.
On August 19, 2025, James Hardie reported a 12 % drop in sales of the segment, attributing the decline to “normalisation of channel inventories.” The suit claims this disclosure was materially misleading.
Lead plaintiff applications must be filed by December 23, 2025, and the law‑firm DJS Law Group is inviting affected shareholders to register for updates — at no cost or obligation.
#JamesHardie #SecuritiesLawsuit #InvestorRights #JHX #SlimScan #GrowthStocks #CANSLIM