litigation
confidence high
sentiment neutral
materiality 0.60
Westlake agrees to pay $67M to settle PVC pipe antitrust class action
WESTLAKE CORP
- Settlement of $67 million with direct purchaser class; subject to preliminary and final court approval.
- Indirect purchaser claims against Westlake remain pending and are not covered by this settlement.
- Company denies liability; settlement agreement states it is not an admission of wrongdoing.
- DPPs filed motion for preliminary approval on April 13, 2026; court ruling pending.