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Press Release
hsmith@howardsmithlaw.comThis lawsuit is for anyone who acquired securities in James Hardie Industries plc (NYSE: JHX) from May 20, 2025 through August 18, 2025.
The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by stuffing its channels of distribution thereby artificially inflating the Company’s revenue.
On August 19, 2025, James Hardie disclosed that sales in North America Fiber Cement had declined by 12% due to customer destocking, which the Company had become aware of in April. The Company further explained that the results reflected a “normalization of channel inventories” and would likely impact sales for at least the next two quarters. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.
The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in James Hardie Industries plc (NYSE: JHX) from May 20, 2025 through August 18, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.
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