James Hardie Industries plc Securities Fraud Investigation

Shamis & Gentile, P.A. announces that a securities class action lawsuit has been filed against James Hardie Industries plc ("James Hardie Industries plc" or the "Company") (JHX) in the United States District Court for the Southern District of New York. The lawsuit was filed on October 24, 2025 and concerns alleged violations of federal securities laws during the period from May 20, 2025 to August 18, 2025.

The class action lawsuit alleges that James Hardie Industries and certain of its executives made materially false and misleading statements about the strength and demand of its North America Fiber Cement segment. According to the complaint, the Company’s reported growth was driven by "inventory loading" and "channel stuffing" rather than genuine end-market demand.

On the Q4 FY2025 earnings call held May 20, 2025, management told investors that the Company was seeing “normal stock levels” across its distribution channels and highlighted the strength of its sales organization. Plaintiffs claim these statements were misleading because management already knew by April and early May 2025 that customers had begun destocking, but continued to reassure investors that the segment remained strong.

The truth allegedly emerged on August 19, 2025, when James Hardie disclosed a 12% decline in North America Fiber Cement sales and attributed the drop to customer destocking first identified in April and May, describing a “normalization of channel inventories” expected to weigh on results for at least the next two quarters.

Following this news, the Company’s stock fell 34%, dropping from a closing price of $28.43 per share on August 18, 2025 to $18.64 on August 20, 2025.

Investors who suffered significant losses from the purchase of James Hardie Industries (JHX) securities during the Class Period may have important legal rights and are encouraged to act promptly. The deadline to seek appointment as lead plaintiff is December 23, 2025.

Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise and resources enable the firm to resolve disputes in a wide range of matters, including class actions, mass torts and mass arbitrations.

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