Shareholders who purchased shares of JHX during the class period are encouraged to contact the DJS Law Group to discuss their rights.
The class period is from May 20, 2025, to August 18, 2025. According to the complaint, James Hardie made false and misleading statements to the market, claiming strong demand for its Fiber Cement in North America despite knowing distributors were reducing inventory levels.
The Company reported a 12% sales decline in this segment on August 19, 2025, attributing it to "normalization of channel inventories."
Based on these facts, James Hardie's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact the DJS Law Group to participate in any recovery.
Author's summary: James Hardie faces lawsuit over misleading statements.