
JHXâŊInvestor Alert: James Hardie Industries plc Shareholders With Significant Losses Now Have Chance to Lead Class Action Lawsuit
âĒBy ADMIN
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Law firm Robbins Geller Rudman & Dowd LLP has opened the opportunity for investors who bought or acquired James Hardie Industries plc (NYSE:âŊJHX) common stockâpreviously held as American Depositary Shares before converting on JulyâŊ1,âŊ2025âbetween MayâŊ20,âŊ2025 and AugustâŊ18,âŊ2025 (the âClass Periodâ) to apply to become lead plaintiff in the class action lawsuit Laboursâ District Council & Contractorsâ Pension Fund of Ohio v. James Hardie Industries plc, No.âŊ25âcvâ13018 (N.D. Ill.).
The lawsuit alleges that during the Class Period James Hardie and certain of its executives misled investors by falsely assuring strong performance in its North America Fiber Cement segment, despite customers allegedly destocking inventory starting in April and MayâŊ2025âan issue the company reportedly concealed.
On AugustâŊ19,âŊ2025 the company revealed a 12% drop in North America Fiber Cement sales caused by the destocking, and this disclosure triggered a more than 34% drop in its share price, according to the complaint.
Investors who suffered substantial losses and wish to serve as lead plaintiff must submit their application by DecemberâŊ23,âŊ2025. Being appointed lead plaintiff does not affect an investorâs right to share in potential recovery if not selected.
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