NasdaqGS:OTTRElectric Utilities
How Investors May Respond To Otter Tail (OTTR) Settling Key PVC Pipe Antitrust Claims
On May 28, 2026, Otter Tail Corporation said its Northern Pipe Products and Vinyltech subsidiaries agreed to pay US$39.5 million and US$34.0 million, respectively, to settle two of three plaintiff classes in an industry-wide PVC pipe antitrust case, while continuing to contest remaining end‑user claims.
The company plans to use existing cash for these settlements, which it does not expect to materially affect its financial position or liquidity, while emphasizing that the agreements involve...