Boral class action

We are still encouraging group members to ‘record their interest’ with us to be notified of updates in the case, including if it does not settle at the upcoming mediation, or if the Court makes further orders about participation.

Please note there are no guarantees regarding the Court’s orders about your participation. However, having your details on hand will mean we will be able to contact you in these circumstances. 

Group members can record their interest by clicking the link below and providing the information requested. 

Please note that recording this information does not mean you are registered in the Boral class action. The deadline to register for this class action has passed, and sending this information constitutes your record of interest.

It does not cost you anything to record your interest and you will never be asked to pay any costs out of your own pocket. 

If you have already registered before the deadlines listed above, there is nothing further you need to do. We will be in contact with any key updates in the class action, including the outcome of the upcoming mediation.  

About this class action

Maurice Blackburn has filed a class action alleging Boral Ltd (BLD:ASX) engaged in misleading and deceptive conduct and breached its continuous disclosure obligations in the period 21 November 2016 to 10 February 2020.

The claim concerns Boral’s announcement on 5 December 2019 that it had identified ‘financial irregularities’ in its North American Windows business. More information about these financial irregularities was revealed by Boral at the time of the announcement of its preliminary half year results on 10 February 2020. Boral announced that finance personnel within the Windows business manipulated accounts and financial statements to artificially inflate the overall profitability and health of the Windows business. Boral said that the misconduct occurred over a 20-month period and that the irregularities would impact FY2020 and prior year results.