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

Reuters2026/08/17 01:02

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Slater & Gordon filed a shareholder class action in Victoria’s Supreme Court against James Hardie over its FY26 earnings guidance disclosures.
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.
Suit alleges misleading representations, continuous disclosure breaches, and contraventions of the Corporations Act, ASIC Act, and Australian Consumer Law.
Lead plaintiff plans to seek a group costs order; legal fees would be a court-approved percentage of any recovery.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Slater & Gordon Limited published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.

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

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