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James Hardie Industries Settles New Zealand Weathertightness Case
August 3, 2021 GMT
SYDNEY & CHICAGO (BUSINESS WIRE) Aug 3, 2021
James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, is pleased to announce that the weathertightness class action litigation brought against James Hardie before the Auckland High Court has been settled (Case No. CIV-2015-404-2981, previously described by James Hardie as the “White litigation”). As part of the settlement James Hardie will receive a payment of NZ$1.25 million.