Otter Tail settles two antitrust class actions for $73.5M, third class still pending

Filed May 29, 2026 · Period ending May 28, 2026 · ~1 min read

Key Changes

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  Subsidiaries Northern Pipe Products and Vinyltech agreed to pay $73.5M total to settle antitrust claims from two purchaser classes alleging PVC pipe price-fixing, subject to court approval.

  Item 8.01 view on EDGAR →
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  Direct Purchaser Class settlement requires $39.5M payment; Non-Converter Seller Purchaser Class settlement requires $34.0M payment, both funded from available cash.

  Item 8.01 view on EDGAR →
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  End-User Class claims remain unresolved with no settlement agreement in place, leaving material litigation exposure outstanding.

  Item 8.01 view on EDGAR →