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Fibre cement maker James Hardie faces investor proceeding in Australian court

Fibre cement maker James Hardie faces investor proceeding in Australian court

- 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)

((Sherin.Sunny@thomsonreuters.com;))

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