A federal judge in Minnesota has ruled that Sysco must uphold a $50 million settlement agreement with JBS.
The decision stops Sysco from seeking more money by participating in a coalition of plaintiffs about price fixing.
The settlement required Sysco to release all claims against JBS once payment was made, however, in June 2023, Sysco assigned its claims to Carina Ventures,;
In March, the court formally recognized Carina as the new plaintiff. JBS argued that Carina’s rights were still bound by the original settlement, nullifying any additional claims.
This week the court agreed with JBS.
