Wednesday, December 14, 2016

Peter Pan settlement nears $50 million

ConAgra paid far more than the $11.2 million cited in court documents to settle a criminal case this week over food poisoning related to its Peter Pan peanut butter.

The judge noted that others had already received cash from ConAgra in civil settlements, which he said totaled $36 million to 6,810 people.

The $11.2 million to judge assessed includes the largest ever fine in a food-safety case - $8 million.

All the figures are in U.S. dollars, so in Canadian currency they’re about 25 per cent more.