Slater & Gordon files shareholder class action against James Hardie over FY26 guidance disclosures

JHX•2026-08-17

Allegations and legal basis

The suit alleges misleading representations, continuous disclosure breaches, and contraventions of the Corporations Act, ASIC Act, and Australian Consumer Law.

The lead plaintiff plans to seek a group costs order; legal fees would be a court-approved percentage of any recovery.

Shareholder class action filed in Victoria

Slater & Gordon filed a shareholder class action in Victoria’s Supreme Court against James Hardie over its FY26 earnings guidance disclosures.

The claim targets investors who bought ASX-listed James Hardie shares from May 21, 2025 to Aug. 19, 2025.

James Hardie cut FY26 guidance on Aug. 20, 2025; shares fell about 34% over two sessions, erasing billions in value.

Sources

Slater & Gordon files shareholder class action against James Hardie over FY26 guidance disclosures

Publicnow

Slater & Gordon files shareholder class action against James Hardie over FY26 guidance disclosures

Allegations and legal basis

Shareholder class action filed in Victoria

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Sources

Slater & Gordon files shareholder class action against James Hardie over FY26 guidance disclosures

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