James Hardie Investors Face Dec. 23 Deadline in U.S. Securities Suit Over Alleged Inventory Misstatements
Investors must move by Dec. 23 to seek lead‑plaintiff status in the Northern District of Illinois case.
Overview
- A federal complaint filed on Oct. 24, 2025 alleges violations of Sections 10(b) and 20(a) tied to statements made between May 20 and Aug. 18, 2025.
- Plaintiffs say James Hardie portrayed strong North America Fiber Cement demand while undisclosed inventory loading and distributor destocking drove growth.
- On Aug. 19, 2025 the company reported a 12% sales decline in the segment, and JHX ADRs fell about 34% on Aug. 20.
- Law firms including Hagens Berman, Rosen, Levi & Korsinsky, Glancy Prongay & Murray, Lowey Dannenberg, Faruqi & Faruqi, and Kahn Swick & Foti are soliciting investors to lead the case.
- Hagens Berman is also reviewing the Nov. 17 CFO change as part of its probe, and no class has been certified or allegations proven.