Faruqi & Faruqi, LLP Investigates Claims on Behalf of James Hardie Investors
Faruqi & Faruqi, LLP, a prominent national securities law firm, is urging investors who suffered losses from James Hardie Industries plc (NYSE: JHX) to come forward. The firm is actively investigating potential claims against the company related to alleged violations of federal securities laws during the period from May 20, 2025, to August 18, 2025. Investors are reminded of the approaching deadline on December 23, 2025, to seek the role of lead plaintiff in a federal securities class action.
Details on the Allegations Against James Hardie
According to the complaint, James Hardie and its executives failed to disclose critical information regarding the performance of its North American Fiber Cement segment. Despite being aware that distributors were destocking inventory as early as April 2025, the company continued to mislead investors by claiming strong demand and normal stock levels.
An important development occurred on August 19, 2025, when James Hardie announced disappointing financial results for the first quarter ending June 30, 2025. The report indicated a staggering 29% decline in first-quarter profits and lower-than-expected earnings projections for fiscal 2026, primarily due to high borrowing costs.
Following this announcement, the stock price of James Hardie saw a significant drop, with the American Depositary Receipt (ADR) falling $9.79 per ADR, or 34.44%, to close at $18.64 on August 20, 2025.
Role of Lead Plaintiff and Further Legal Action
The court-appointed lead plaintiff will be the investor who has the largest financial interest in the relief sought and who will oversee the litigation on behalf of the class. Investors may either seek to be designated as lead plaintiffs through their legal counsel or remain absent class members, with no impact on their ability to recover damages.
Faruqi & Faruqi encourages all those with relevant information concerning James Hardie’s conduct—whistleblowers, former employees, shareholders, and others—to come forward and contact the firm.
How to Participate in the Class Action
Investors interested in learning more about the ongoing class action against JHX can visit Faruqi & Faruqi's dedicated page or contact Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Stay connected for updates by following Faruqi & Faruqi on LinkedIn, X, or Facebook. All communications will be treated confidentially, and participation in the lawsuit carries no financial liability for investors.