Tyson to Pay $48 Million to Resolve Price‑fixing Claims by Pork Buyers
The $48 million preliminary settlement in a multi-defendant lawsuit alleges price-fixing through coordinated output and data-sharing dating back to 2009, pending court approval.
7 Articles
7 Articles
Tyson Foods agrees to $48 million settlement with pork purchasers in price fixing case | Northwest Arkansas Democrat-Gazette
Commercial and industrial purchasers have reached a preliminary $48 million settlement with Tyson Foods Inc. in a class-action pork price-fixing lawsuit.
Tyson Reaches Multi-Million-Dollar Settlement in Pork Antitrust Case
Tyson Foods has reached a multi-million-dollar settlement to resolve claims tied to long-running litigation involving alleged coordination in the U.S. pork market, marking another significant step toward closing one of the industry’s most closely watched legal cases. The settlement relates to historical claims brought by pork buyers who alleged that large processors influenced pricing through […] The post Tyson Reaches Multi-Million-Dollar Settl…
Tyson Foods Seeks Preliminary Approval for $48 Million Settlement in Pork Price-Fixing Case, Pushing Total Class Recoveries to $114 Million as Long-Running Antitrust Trial Nears
Commercial and institutional indirect pork purchasers have asked a Minnesota federal judge to preliminarily approve a $48 million settlement with Tyson Foods Inc., marking the sixth resolution in a sprawling antitrust case accusing major pork producers of conspiring to inflate prices by restricting supply and sharing sensitive market data through consulting firm Agri Stats. If approved by U.S. District Judge John R. Tunheim, the agreement would …
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