James Hardie Securities Case Advances as Firms Seek Lead Plaintiffs Before Dec. 23 Deadline

Plaintiff firms are recruiting investors to pursue lead status before the court sets representation in a Northern District of Illinois case over alleged misstatements about demand versus inventory levels.

Overview

The putative class action, filed as Laborers' District Council and Contractors' Pension Fund of Ohio v. James Hardie Industries plc, No. 25-cv-13018 (N.D. Ill.), alleges violations of Sections 10(b) and 20(a) of the Exchange Act and SEC Rule 10b-5.
The class period runs from May 20, 2025 through August 18, 2025, covering purchases of JHX common stock following the July 1, 2025 conversion from American Depositary Shares.
Plaintiffs assert the company touted strength in its North America Fiber Cement segment despite knowing distributors were destocking, with alleged inventory loading masking soft end-market demand.
On August 19, 2025, James Hardie reported a 12% sales decline in the North America Fiber Cement business and weaker profit guidance, after which the stock fell about 34% the next day.
Robbins Geller, Faruqi & Faruqi, and DJS Law Group are urging eligible shareholders to contact them and consider moving for lead-plaintiff appointment by December 23, 2025.