Smurfit Westrock Issued Subpoena by DOJ Relating to Jury Investigation Regarding Pricing, Sale of Products

01:56 PM EST, 11/04/2026 (MT Newswires) -- Smurfit Westrock (SW) was issued a subpoena by the US Department of Justice on Sept. 22 in connection with a grand jury investigation in the Northern District of Illinois regarding the pricing and sale of containerboard and related products, the company said in a regulatory filing Wednesday. Smurfit said it is "fully cooperating with the investigation". The company said that it "believes that its business practices and those of its subsidiaries have been conducted in compliance with U.S. antitrust laws," although it acknowledged the possibility that an "adverse outcome could have a material impact on its financial condition, results of operations, or cash flows." Further, Smurfit subsidiaries Smurfit Kappa North America and WestRock remain defendants in a class action lawsuit from July 29, 2025, alleging violations of US antitrust laws, according to the filing. The US District Court for the Northern District of Illinois denied the company's motion to dismiss the complaint on Sept. 4, Smurfit said. Smurfit said it "believes that it has substantial defenses and intends to vigorously defend against the lawsuit". Price: 44.99, Change: +1.57, Percent Change: +3.62