Investors of James Hardie Industries plc (NYSE: JHX) who experienced significant losses are now presented with the opportunity to lead a class action lawsuit against the company. The lawsuit, initiated by Robbins Geller Rudman & Dowd LLP, targets those who purchased or acquired shares during the class period from May 20, 2025 to August 18, 2025. Claims must be submitted by December 23, 2025, for investors to be considered for the role of lead plaintiff.
The class action, titled Laborers’ District Council and Contractors’ Pension Fund of Ohio v. James Hardie Industries plc, alleges that the company and its executives violated the Securities Exchange Act of 1934. The lawsuit contends that during the class period, James Hardie misled investors about the performance of its North American Fiber Cement segment, particularly as customers began to destock inventory in early May 2025.
Despite early indicators of a declining market, the company reportedly continued to assure investors that demand remained robust. According to the lawsuit, there was evidence of a manipulation known as “channel stuffing,” where sales were inflated through unsustainable business practices. As a result, the lawsuit claims that investors were not informed of the true state of sales, which were not driven by genuine consumer demand.
The situation escalated on August 19, 2025, when James Hardie disclosed a 12% decline in sales for its North American Fiber Cement segment. This revelation led to a sharp decline in the company’s stock price, which dropped by over 34% within a single day, significantly impacting investors.
Investors seeking to become lead plaintiffs must demonstrate that they possess the greatest financial interest in the case. This role involves representing all members of the class and directing the course of the lawsuit. They are also free to select their legal representation, though involvement as lead plaintiff does not affect their potential recovery in the case.
Robbins Geller Rudman & Dowd LLP is recognized as a leading firm in securities fraud and shareholder litigation. The firm has achieved substantial recoveries for investors, reportedly securing over $2.5 billion in 2024 alone from securities-related class action cases. With a team of approximately 200 attorneys across ten offices, Robbins Geller has gained a reputation for handling some of the largest securities class action recoveries in history.
For more information about the lawsuit or to inquire about becoming a lead plaintiff, interested parties can contact attorneys J.C. Sanchez or Jennifer N. Caringal at Robbins Geller by calling 800-449-4900 or emailing [email protected]. The law firm encourages all affected investors to take action promptly to protect their rights.
