SAN FRANCISCO, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment and securities class action firm, announces an investigation into potential class action claims against James Hardie and select senior executives, relating to potential securities law violations following a significant stock decline linked to potential violations of federal securities laws.
Girard Sharp LLP is seeking to represent former investors of The AZEK Company (“AZEK”) who received shares of James Hardie plc (“James Hardie” or the “Company”) in connection with James Hardie’s acquisition of AZEK on July 1, 2025 (“Merger”).
More About James Hardie
James Hardie, headquartered in Chicago, Illinois, and Dublin, Ireland, holds itself out as the global leader in manufacturing fiber cement products for both interior and exterior home applications. The Company states, “With a legacy built on pioneering fiber cement technology and a commitment to sustainable, superior products, we stand as a trusted leader, elevating homes worldwide.” James Hardie further reports that they “continue to invest in product innovations that raise the bar for their customers.”
James Hardie Stock Drops Following Sales Decline
On August 19, 2025, James Hardie reported a 12% sales decline in its North America Fiber Cement segment due to "normalization of channel inventories" and warned of future weakness. When investors learned about the news, the Company’s share price collapsed by nearly 35%. Girard Sharp’s investigation focuses, among other things, on whether James Hardie included misrepresentations and omissions regarding the strength of its North America Fiber Cement segment ahead of the Merger.
If you are a former AZEK investor who suffered losses, please fill out this form, email apolk@girardsharp.com, or call (866) 981-4800 for a free consultation.
Why Girard Sharp?
Girard Sharp represents investors, consumers, and institutions in class actions and other complex litigation nationwide. We recently obtained a $36.5 million securities settlement against Maxar Technologies, a space imagery company, after its share price collapsed following its acquisition of DigitalGlobe. Our attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations, including Raymond James, John Hancock, and Sears. Girard Sharp has earned top-tier rankings from U.S. News and World Report for Securities and Class Action Litigation and has been repeatedly selected as an Elite Trial Lawyers finalist by the National Law Journal.
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