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News  ›  GlobeNewswire Inc.

13-DAY JHX INVESTOR DEADLINE ALERT: James Hardie (JHX) Class Action Lawsuit — Hagens Berman Scrutinizing Alleged Inventory Destocking and 34% Plunge; December 23 Lead Plaintiff Deadline Looms

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Hagens Berman
13-DAY JHX INVESTOR DEADLINE ALERT: James Hardie (JHX) Class Action Lawsuit — Hagens Berman Scrutinizing Alleged Inventory Destocking and 34% Plunge; December 23 Lead Plaintiff Deadline Looms

James Hardie Industries faces a securities class action lawsuit alleging executives made false statements about North America segment sales, leading to a 34% stock drop after revealing a 12% sales decline due to customer inventory destocking.

Insights
JHX   negative

Company allegedly misled investors about sales performance, concealed weak demand, and experienced significant stock price decline after revealing sales challenges in the North America segment