Slater and Gordon announces James Hardie shareholder investigation
SLATER AND GORDON is investigating a potential shareholder class action against James Hardie Industries plc (James Hardie) in relation to its 1Q FY26 results and downgraded FY26 guidance released on August 20, 2025.
Following this release, James Hardie’s share price declined by about 34%, allegedly wiping billions of dollars from its market capitalisation.
On the basis of Slater and Gordon’s investigations to date, the proposed proceeding is likely to allege that James Hardie 'engaged in misleading or deceptive conduct and/or breached its continuous disclosure obligations' in contravention of relevant sections of the Corporations Act 2001 (Cth) and the ASX Listing Rules, in relation to its: FY26 earnings guidance, first provided to the ASX on May 21, 2025; and failure to update market consensus on its 1Q FY26 performance until August 20, 2025.
The claim proposes to represent shareholders who purchased James Hardie shares on the ASX between May 21, 2025 and August 19, 2025 (inclusive).
Slater and Gordon is currently taking registrations of interest from shareholders on its website. 
Slater and Gordon’s head of class actions, Emma Pelka-Caven said, "Our financial markets rely on companies providing prompt disclosure of all material information relevant to investment decision making. It is vital that listed companies are held accountable in circumstances that shareholders are misled, or material information is withheld.”
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