James Hardie Investors Urged to Seek Lead Role in Securities Case as Firms Probe Inventory Claims
Investors face a December 23 deadline to move for lead-plaintiff status in actions alleging undisclosed distributor destocking.
Overview
- Recent notices from Hagens Berman, Schall, Glancy, Lowey Dannenberg, Levi & Korsinsky, and Rosen highlight the fast-approaching deadline for investors who bought JHX between May 20 and August 18, 2025.
- Complaints allege executives touted robust North America Fiber Cement demand while inventory loading by channel partners inflated sales and customer inventories were not actually normal.
- James Hardie disclosed a 12% sales decline in the North America segment on August 19, 2025, and the stock fell about 34% the next day, which plaintiffs cite as the corrective event.
- Hagens Berman says it is examining the sudden November 17 CFO change as a potential indicator related to the alleged inventory and demand issues.
- Law firm notices state no class has been certified yet and investors may seek recovery or apply for lead-plaintiff status without out-of-pocket fees.