July 15, 2025
Counsel for two classes of purchasers of polyvinyl chloride pipe urged an Illinois federal judge Tuesday to grant preliminary approval to two $3 million settlements resolving their antitrust claims against an analytics service allegedly used in a conspiracy by PVC pipe makers to inflate the price of their products.
Oil Price Information Service LLC, a reporting service that provided pricing and market information to the converter defendants for a fee, has agreed to pay $6 million total and provide “extensive cooperation” to the plaintiffs in their pursuit of antitrust claims against the remaining defendants.
Under the terms of the deals, OPIS will pay $3 million to a class of direct purchasers and the other $3 million to a class of purchasers from non-converter sellers of PVC pipe.
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The plaintiffs are represented by Pearson Warshaw LLP, Kirby McInerney LLP, Fegan Scott LLC, Levin Sedran & Berman LLP, Gustafson Gluek PLLC, Cohen Milstein Sellers & Toll PLLC, Lockridge Grindal Nauen PLLP, Sperling Kenny Nachwalter, Kaplan Fox & Kilsheimer LLP, Scott + Scott Attorneys at Law LLP, Douglas & London PC, Zelle LLP, Mark K. Wasvary PC and The Saunders Law Firm.
Read PVC Pipe Buyers Seek Initial OK Of $6M Deal in Antitrust Row.