Tuesday, April 9, 2024

Hormel pays $2.4 million for price-fixing


 

Hormel Foods is paying $2.4 million to settle price-fixing class-action lawsuits by three groups of clients.


A Minnesota judge consolidated 27 lawsuits filed on behalf of 145 plaintiffs in December, 2022.


Hormel is one of a number of pork packers who were sued; together they account for 80 per cent of the wholesale market in the United States.