WebPork producers to charge supra -competitive prices for Pork products during the Settlement Class Period, in violation of federal law. If approved, the Settlement will avoid litigation costs and risks to Direct Purchaser Plaintiffs and Smithfield, and will release Smithfield from liabi lity to members of the Settlement Class. WebNov 6, 2024 · UPDATE: June 30, 2024: Smithfield Foods will pay $83 million to settle litigation that accused several companies of conspiring to inflate prices and boost profits …
Smithfield Foods will pay $83M to settle pork price-fixing claims
WebFeb 5, 2024 · What is the Pork Price Inflation Open Class Action?. A $20 Million class action settlement has been agreed upon, and approved. The original class action lawsuit alleges that indirect purchasers of pork products, such as seaboard foods and triumph foods, had paid higher prices as the result of price fixing. The details of the filed class action lawsuit … WebIf the Settlement is approved, JBS/Smithfield will pay $75,000,000 to resolve all Settlement Class Members’ claims. At this time, it is unknown how much each Settlement Class … greenny council
Pork Products Class Action Settlement - Hunt4Freebies
WebTwo Pork Class Action Settlements totalling $101,864,300 involving Pork have been settled as a result of class action lawsuits. ... Smithfield, and JBS, have agreed to pay … Web8 hours ago · A US federal judge has approved a US$75 million settlement between major pork producer Smithfield Foods and a group of consumers, who accused the company of conspiring to restrict pork supplies in order to keep prices artificially high, US News reported. The resolution was called "fair, reasonable, and adequate" by US District Judge John ... WebIf you purchased any Chicken product from January 1, 2009, through December 31, 2024, you may be eligible to receive money from a class action settlement. fly line wine