The statements below are Shine Lawyers’s account of this case. They reflect allegations or the firm’s position and have not been determined by a court unless a settlement or judgment is noted.
About This Case
James Hardie is a publicly listed company, traded on the New York Stock Exchange (NYSE) and Australian Securities Exchange (ASX).
On 21 May 2025, James Hardie published its results for the 2025 financial year and its financial guidance for FY26.
On 20 August 2025, James Hardie released its results for the first quarter of FY26 and a revised (downgraded) FY26 financial guidance. In the days following this announcement, the company’s share price fell by over 30%, causing significant losses to investors.
Shine Lawyers’ investigation examines whether this loss was caused by any:
breaches of James Hardie’s continuous disclosure obligations; and/or misleading or deceptive conduct.
In particular, it focuses on whether James Hardie:
had reasonable grounds for issuing and maintaining the FY26 guidance it released on 21 May 2025; should have disclosed its Q1 FY26 results and downgraded FY26 guidance earlier to investors.
Source: Shine Lawyers
Who May Be Eligible
You are eligible to register your interest in a potential class action if you acquired an interest in James Hardie securities between 21 May 2025 and 19 August 2025 .
Source: Shine Lawyers
How to Register
To register your interest on a confidential, no-cost, no-obligation basis, please click the button below and fill out the form. Register for the investigation
Register NowSource: Shine Lawyers
Frequently Asked Questions
What is a class action?
When Governments, large companies or institutions do the wrong thing and people are harmed or suffer loss as a result, an individual can have little to no means of bringing a legal claim. Class actions are an important mechanism within Australia’s legal system that allow large groups of people to come together to pursue a claim collectively. For a class action to take place, there are three criteria that need to be met: t here must be 7 or more people that have claims against the same defendant; and t he claims relate to the same or similar circumstances; and t he claim must relate to at least one common issue of law or fact. For more information about how class actions resolve, click here .
How long do class actions take to resolve?
It can take up to several years for a class action to resolve. The time taken from case commencement through to resolution and settlement administration depends on the particular case, and the nature of the claim. For more information about class actions and how they work, click here .
Does it cost anything to join a class action?
Shine Lawyers is committed to ensuring that everyone, regardless of their background or financial situation, has access to justice. We run our class actions in a way that means you are not exposed to any out-of-pocket costs or financial risk. When a class action is successful, the legal fees and costs to run the class action are deducted from the settlement amount that is approved by the Court. If the class action is unsuccessful, we will ensure there are no out-of-pocket costs to you.
Will my contact details be kept private?
Yes, your contact details will remain confidential. Shine Lawyers will only use your personal information strictly for the purpose of any legal proceedings and in accordance with our Privacy Policy.
Source: Shine Lawyers
Disclaimer: This information is sourced from Shine Lawyers. It is provided for general information only and does not constitute legal advice. Always verify details with the original source before taking any action.
Legal disclaimer: Information on this page is general in nature and does not constitute legal advice. ClaimBar tracks class action settlements and provides updates. Always seek professional legal advice for your specific circumstances.
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