Fibre cement maker James Hardie faces investor proceeding in Australian court
14/08/2026 09:23
Fibre cement maker James Hardie faces investor proceeding in Australian court Aug 14 (Reuters) - James Hardie Industries JHX.AX said on Friday it would defend itself against a group proceeding filed in an Australian court alleging breaches related to the fibre cement maker's forecasted financial performance measures.
The proceeding was brought on behalf of investors who acquired certain James Hardie securities between May 21, 2025 and August 19, 2025, the company said.
(Reporting by Sherin Sunny in Bengaluru; Editing by Mrigank Dhaniwala)
Recent news on James Hardie Industries
See all newsJames Hardie ASX shares climb as Jefferies backs pricing muscle
James Hardie to sell Fermacell for $981 million, looks to exit Europe (updated)
James Hardie to sell European operations to Holcim for $981 million
Brief: Holcim To Acquire Fermacell
James Hardie faces another class action over disclosures, earnings forecasts (updated)