Law Firms Seek Lead Plaintiffs in James Hardie Securities Suits Over Alleged Demand and Inventory Misstatements

Overview

• Berger Montague, DJS Law Group, and Levi & Korsinsky announced actions targeting investors who bought James Hardie securities from May 20, 2025 through August 18, 2025.
• Complaints allege the company portrayed North American fiber cement demand as strong and inventory levels as normal despite internal data showing distributor destocking as early as April 2025.
• On August 19, 2025, James Hardie reported a 12% sales decline in the segment and cautioned about continued weakness, and the stock fell more than 34% in one trading day.
• The suits assert violations of Sections 10(b) and 20(a) of the Securities Exchange Act and SEC Rule 10b-5.
• Firms are soliciting shareholders for potential lead-plaintiff roles and participation, noting that appointment is not required to share in any recovery.