Monday, February 21, 2005

Hardie Facing US Death Lawsuits

Hardie Industries will have to appear in a Californian court to defend claims it killed two Americans who worked with asbestos the company exported to the US.


The revelation came as Hardie shareholders, alarmed by revelations in The Australian about the company's US asbestos exposure, wiped almost $200million off its value in trading yesterday.

Hardie shares plummeted 40c since Friday's close to $6.15, a fall of 6.1 per cent.


[Read More]

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