Particle.news
Download on the App Store

James Hardie Securities Case Nears Dec. 23 Lead-Plaintiff Deadline

The complaint claims the company downplayed distributor destocking in its North America Fiber Cement business.

Overview

  • Investors who bought JHX securities from May 20, 2025 to August 18, 2025 fall within the proposed class period.
  • The federal lawsuit, filed in the Northern District of Illinois, alleges violations of Sections 10(b) and 20(a) and SEC Rule 10b-5.
  • Plaintiff firms including Bernstein Liebhard, The Schall Law Firm, and DJS Law Group are inviting affected shareholders to contact them.
  • On August 19, 2025, James Hardie reported a 12% sales decline in the North America Fiber Cement segment, citing normalization of channel inventories.
  • The class has not been certified, and investors have until December 23, 2025 to seek lead-plaintiff status, though participation is not required to share in any recovery.