James Hardie Class Action Sets Dec. 23 Lead-Plaintiff Deadline Over Alleged Inventory Loading

Overview

• The case is pending in the U.S. District Court for the Northern District of Illinois, captioned Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, No. 1:25-cv-13018.
• Plaintiffs bring claims under Sections 10(b) and 20(a) tied to statements during May 20–Aug. 18, 2025 about North America fiber cement demand and "normal" channel inventories.
• On Aug. 19, 2025, the company reported a 12% North America sales decline linked to destocking, and the stock fell roughly 34% the next day.
• Bleichmar Fonti & Auld, Hagens Berman, and Levi & Korsinsky are urging affected investors to move for lead-plaintiff status by Dec. 23, 2025.
• Plaintiff firms are also examining the Nov. 17, 2025 departure of CFO Rachel Wilson as a potential indicator related to the alleged issues.