ASX:JHXBasic Materials
Class Action Lawsuits Over Disclosures Might Change the Case for Investing in James Hardie (ASX:JHX)
In early November 2025, multiple law firms announced securities class action lawsuits against James Hardie Industries, alleging the company and certain executives made false or misleading statements about demand and inventory levels in its North America Fiber Cement business between May and August 2025.
These legal actions followed the company’s disclosure of weaker-than-expected sales due to distributor destocking, bringing concerns over corporate transparency and financial reporting into...