Potential Refunds and Rights for PVC Pipe Buyers After Antitrust Settlement
In a significant development regarding pricing practices in the construction materials market, buyers of PVC pipe in the United States may now be eligible for compensation due to an antitrust settlement. This stems from a class action lawsuit, known as In re PVC Pipe Antitrust Litigation, which alleges that key market players engaged in price-fixing over a period spanning from January 2021 to May 2025. Specifically, the lawsuit centers around actions allegedly taken by the Oil Price Information Service, LLC (OPIS) and various other defendants.
The claims suggest that OPIS, alongside converter defendants and collaborating parties, conspired to artificially inflate the prices of PVC pipes, consequently violating federal and state antitrust laws. A settlement, which pertains only to OPIS, has been reached, requiring them to pay $3,000,000 to affected class members, which includes non-converter seller purchasers (NCSP) who bought PVC pipes directly from sellers associated with converter defendants.
The scope of the NCSP Settlement Class covers all entities and individuals who purchased PVC pipe in the United States during the defined period mentioned, specifically from January 1, 2021, to May 16, 2025. Exemptions do exist, notably for public water, sewer, and electricity providers, which fall under a different category.
For affected buyers, navigating your options is crucial. You can choose to remain in the NCSP Settlement Class, which will bind you to the terms of the settlement once it has been approved by the court. By doing this, you may be entitled to a payment after the claim process is finalized. Alternatively, if you prefer not to be linked to this settlement, you must formally exclude yourself by submitting a request. This request must be sent no later than April 9, 2026, and can’t be completed via phone or email. Detailed instructions are available on the designated settlement website.
Interestingly, purchasers need not hire a lawyer on their own, as they will be represented by NCSP Class Counsel, and will not bear the associated fees or expenses. However, if individuals wish to secure separate legal representation, they can do so at their expenses.
The case will culminate in a fairness hearing scheduled for June 3, 2026, where the court will evaluate whether the settlement is indeed appropriate for those involved. During this hearing, any objections presented will also be taken into account. It's imperative for buyers to stay informed and ensure they understand their rights and options resulting from this settlement, as it can potentially lead to compensation for excess expenses incurred during the illicit price-fixing period.
For further details, interested parties should visit www.pvcantitrust.com or call the designated helpline for assistance. This article serves as a brief overview; full details about the proposed settlement and necessary actions for exclusion or objection are crucial to protect your interests in this matter.
The claims suggest that OPIS, alongside converter defendants and collaborating parties, conspired to artificially inflate the prices of PVC pipes, consequently violating federal and state antitrust laws. A settlement, which pertains only to OPIS, has been reached, requiring them to pay $3,000,000 to affected class members, which includes non-converter seller purchasers (NCSP) who bought PVC pipes directly from sellers associated with converter defendants.
The scope of the NCSP Settlement Class covers all entities and individuals who purchased PVC pipe in the United States during the defined period mentioned, specifically from January 1, 2021, to May 16, 2025. Exemptions do exist, notably for public water, sewer, and electricity providers, which fall under a different category.
For affected buyers, navigating your options is crucial. You can choose to remain in the NCSP Settlement Class, which will bind you to the terms of the settlement once it has been approved by the court. By doing this, you may be entitled to a payment after the claim process is finalized. Alternatively, if you prefer not to be linked to this settlement, you must formally exclude yourself by submitting a request. This request must be sent no later than April 9, 2026, and can’t be completed via phone or email. Detailed instructions are available on the designated settlement website.
Interestingly, purchasers need not hire a lawyer on their own, as they will be represented by NCSP Class Counsel, and will not bear the associated fees or expenses. However, if individuals wish to secure separate legal representation, they can do so at their expenses.
The case will culminate in a fairness hearing scheduled for June 3, 2026, where the court will evaluate whether the settlement is indeed appropriate for those involved. During this hearing, any objections presented will also be taken into account. It's imperative for buyers to stay informed and ensure they understand their rights and options resulting from this settlement, as it can potentially lead to compensation for excess expenses incurred during the illicit price-fixing period.
For further details, interested parties should visit www.pvcantitrust.com or call the designated helpline for assistance. This article serves as a brief overview; full details about the proposed settlement and necessary actions for exclusion or objection are crucial to protect your interests in this matter.
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