Lead-Plaintiff Deadline Nears in James Hardie Securities Class Action

Investors who bought JHX during the alleged May–August 2025 period face a December 23 cutoff to seek control of the case in Illinois federal court.

Overview

The case, captioned Laborers' District Council & Contractors' Pension Fund of Ohio v. James Hardie Industries plc, No. 1:25-cv-13018, is pending in the U.S. District Court for the Northern District of Illinois.
Notices from multiple plaintiff firms urge investors to move for lead-plaintiff status by December 23, a PSLRA process that typically favors the movant with the largest claimed loss.
The complaint alleges James Hardie misrepresented demand in its North America Fiber Cement segment and downplayed distributor destocking and inventory loading described as channel stuffing.
On August 19, 2025, the company disclosed a 12% North America sales decline tied to destocking, and JHX fell about 34% the next day, according to the filings.
The putative class period runs May 20–August 18, 2025 and references both ADS and common stock purchases due to the July 1, 2025 ADS-to-common conversion, with press materials also noting CFO Rachel Wilson’s November 17 departure; no class has been certified and the allegations remain unproven.