Atkore settles two PVC pipe antitrust class actions for $136.5M total

Atkore Inc.

2026-Q2 EPS reported -$3.21 revenue$1,386,925,000

Agreed to pay $72.5M to Direct Purchaser Plaintiffs and $64M to Non-Converter Seller Purchaser Plaintiffs.
Settlements subject to preliminary and final court approval; payment due ~21 days after preliminary approval.
Third putative class (End User Plaintiffs) claims remain pending; no settlement reached.
Settlement recorded as non-operating expense in Q2 ended March 27, 2026; cash on hand to fund.
Company does not admit liability; believes settlement avoids costs and uncertainty of litigation.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Atkore Inc. entered into Settlement Agreements with Direct Purchaser Plaintiffs and Non-Converter Seller Purchaser Plaintiffs valued at an aggregate of $72.5 million into a settlement fund ... and (ii) an aggregate of $64 million into a (effective 2026-04-28).

Action: entry
Agreement: settlement
Counterparty: Direct Purchaser Plaintiffs and Non-Converter Seller Purchaser Plaintiffs
Value: an aggregate of $72.5 million into a settlement fund ... and (ii) an aggregate of $64 million into a
Effective: 2026-04-28

Exact text from the filing

On April 28, 2026, the Company entered into settlement agreements (the "Settlement Agreements") with two of the three putative classes in the Class Action Litigation — the Direct Purchaser Plaintiffs ("DPP Plaintiffs") and the Non-Converter Seller Purchaser Plaintiffs ("NCSP" Plaintiffs) (together, the "DPP and NCSP Plaintiffs"), individually and on behalf of the putative DPP and NCSP Plaintiff class members.

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Atkore Inc. filing history →

Source: SEC EDGAR

accession 0001666138-26-000010

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