8-K
filed May 29, 2026, 10:47 AM ET
ticker OTTR
CIK 0001466593
litigation
confidence high
sentiment neutral
materiality 0.55
Otter Tail settles two class claims in PVC pipe antitrust litigation for $73.5M
Otter Tail Corp
- Will pay $39.5M to Direct Purchaser Class and $34.0M to Non-Converter Seller Purchaser Class.
- EUP claims remain pending; company will continue to defend those.
- Settlement does not admit wrongdoing; company denies liability.
- Payments to be made ~21 days after court preliminary approval; expects to use available cash.
- Company says settlement not expected to materially affect financial position or liquidity.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001466593-26-000057
- form_type
- 8-K
- ticker
- OTTR
- cik
- 0001466593
- company_name
- Otter Tail Corp
- filed_at
- 2026-05-29T14:47:20+00:00
- discovered_at
- 2026-05-29T14:48:00.460900+00:00
- generated_at
- 2026-05-29T14:48:43.244013+00:00
- sec_items
- ["1.01"]
- event_type
- litigation
- sentiment
- neutral
- materiality_score
- 0.55
- calibrated_materiality_score
- 0.55
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001466593-26-000057
- json_url
- https://secwatch.observer/filing/0001466593-26-000057.json
- markdown_url
- https://secwatch.observer/filing/0001466593-26-000057.md
- text_url
- https://secwatch.observer/filing/0001466593-26-000057.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1466593/000146659326000057/0001466593-26-000057-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1466593/000146659326000057/ottr-20260528.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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