Wednesday, July 28, 2021

Purdue near settlement on price-fixing

Purdue Farms is reported to be near settling with its chicken producers who filed a class-action lawsuit alleging price-fixing.

No monetary terms have been released, but the two sides are scheduled to make a presentation to the the U.S. District Court for the Eastern District of Oklahoma.

Tyson and Pilgrim’s Pride have paid to settle the lawsuit that included them.

In all of the agreements, the poultry processors deny any wrongdoing.