PVC pipe buyers seek preliminary nod for $19m US price-fixing settlement
( June 26, 2026, 23:27 GMT | Official Statement) -- MLex Summary: Polyvinyl chloride pipe buyers asked an Illinois federal judge to grant preliminary approval for a proposed settlement resolving US price-fixing claim against Pipelife Jet Stream in exchange for a $19,160,000 payment and ongoing cooperation. The settlement will provide a proposed class of direct purchasers "with a substantial cash payment and substantial cooperation that will enable the parties to litigate more effectively and efficiently," Bill Wagner & Son, Vitolite Electric Sales Co. and Hodges Supply Company said in memo supporting their motion for preliminary approval.See attached document....
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