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James Hardie leaky homes trial ends early with settlement, but no compensation for owners

“The plaintiffs would have continued, if the funder had continued funding,” Wheatley said. In a statement to investors on the ASX Australian sharemarket, James Hardie said it had been paid $1.25 million as a result of the settlement. RYAN ANDERSON/Stuff The James Hardies leaky homes class action was taking place at the High Court in Auckland. James Hardie’s New Zealand manager John Arneil said: “While we are happy with this outcome, and believe the settlement supports our continued belief that the allegations lacked merit, and we behaved as a responsible manufacturer, we remain very sympathetic to homeowners negatively impacted by weathertightness issues.”

$200m James Hardie class action adjourned for talks

UPDATE: Litigation funder to pay out cladding maker after settlement talks. UPDATE: Plaintiffs have ended their $220 million class action claim against building materials maker James Hardie half way through a marathon High Court trial. In a statement to the ASX,   Choose your best value subscription option here. Already have an account? Login Related news

James Hardie gets $1 25m as class action settles

James Hardie gets $1 25m as class action settles
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