Business
Investors Urged to Act as James Hardie Faces Class Action Lawsuit
A securities class action lawsuit has been initiated against James Hardie Industries plc, targeting investors who acquired shares between May 20, 2025, and August 18, 2025. The law firm Kessler Topaz Meltzer & Check, LLP is representing the plaintiffs, and the deadline for appointing a lead plaintiff is set for December 23, 2025.
The lawsuit alleges that during the specified class period, the company made misleading statements regarding its business performance. Specifically, the complaint asserts that James Hardie falsely claimed robust demand for its products while being aware that its North American distributors were significantly reducing inventory. This discrepancy raises concerns about the accuracy of the company’s public statements regarding its operations and future prospects.
Investors who suffered losses as a result of these alleged misrepresentations are encouraged to take action. They can seek to become lead plaintiffs through Kessler Topaz Meltzer & Check, LLP or opt to remain absent class members. The lead plaintiff’s role is crucial, as they represent the interests of all class members throughout the litigation process. Typically, the lead plaintiff is an investor or a small group of investors who have the largest financial stake in the case.
For those interested in participating in the lawsuit, more information can be found on the firm’s website. Investors may contact attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].
The class action serves as a reminder of the importance of accurate disclosures by public companies. Kessler Topaz Meltzer & Check, LLP has a notable history of prosecuting class actions and has recovered substantial amounts for victims of corporate misconduct, emphasizing its commitment to protecting investors.
For further details on how to submit a claim or to become involved in the case, please visit www.ktmc.com.
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