James Hardie Investors Face Dec. 23 Deadline in Securities Class Action Over Alleged Demand Misstatements

The case in Chicago federal court alleges North America sales were propped up by distributor inventory loading rather than customer demand.

Overview

Multiple investor firms, including Rosen Law Firm, Robbins Geller, Levi & Korsinsky, and Bleichmar Fonti & Auld, are soliciting shareholders to seek lead-plaintiff status by December 23, 2025.
The lawsuit, filed in the Northern District of Illinois as Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, No. 1:25-cv-13018, targets the company and certain executives under Sections 10(b) and 20(a).
Plaintiffs cite statements made between May 20 and August 18, 2025, asserting the company portrayed normal inventory levels and strong demand in its North America Fiber Cement segment.
On August 19, 2025, James Hardie reported a 12% North America sales decline linked to customer destocking first observed in April–May, after which the stock fell $9.79 to $18.64 on August 20, a drop of more than 34%.
Notices remind investors that James Hardie’s U.S.-listed shares converted from American Depositary Shares to common stock on July 1, 2025, and that no class has been certified at this stage.