Westlake (WLK) Agrees to a $67M Settlement in a Lawsuit [Yahoo! Finance]
Westlake Corporation (WLK)
Last westlake corporation earnings: 2/18 06:30 am
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Source: Yahoo! Finance
On April 14, 2026, Reuters reported that Westlake Corporation (NYSE:WLK) had agreed to a $67 million settlement to resolve a 2024 class-action lawsuit alleging price-fixing in the U.S. PVC pipe market. The agreement disclosed on April 13, 2026, in federal court in Illinois awaits judicial approval and represents one of the largest settlements to date in the nationwide antitrust litigation. The company denied wrongdoing and committed to cooperating with plaintiffs against the remaining defendants, including Atkore and Otter Tail. Additionally, Westlake Corporation (NYSE:WLK) will provide documents previously submitted to the U.S. Department of Justice, which is conducting a parallel grand jury investigation into alleged anti-competitive conduct within the industry since early 2020. Prior to this, RBC Capital adjusted the price target on Westlake Corporation (NYSE:WLK), raising it from $119 to $145 while keeping an Outperform rating on the stock. The firm believes that tightening sup
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WLK
News
- Westlake (WLK) had its "sell (d)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Westlake Announces First Quarter 2026 Conference CallBusiness Wire
- Westlake Corporation Appoints Jonathan H. Baksht as Senior Vice President and Chief Financial OfficerBusiness Wire
- Westlake (WLK) was downgraded by Deutsche Bank Aktiengesellschaft from "buy" to "hold".MarketBeat
- Westlake (WLK) was given a new $145.00 price target by Royal Bank Of Canada. They now have an "outperform" rating on the stock.MarketBeat
WLK
Earnings
- 2/24/26 - Beat
WLK
Sec Filings
- 4/20/26 - Form 8-K
- 4/14/26 - Form 8-K
- 4/6/26 - Form 4
- WLK's page on the SEC website