Monday, November 22, 2021

JBS settles another lawsuit

A federal judge in Minneapolis approved a plan allowing JBS USA to pay $12.75 million to settle a lawsuit filed by restaurants and retailers that accused the processor of conspiring to fix pork prices since Jan. 1, 2009.

The new settlement is in addition to a previous $20-million settlement JBS reached with indirect buyers such as restaurants and delis over price-fixing pork products through to April 2, 2021.

The new agreement releases and discharges JBS USA and bars all the plaintiffs in the case from launching or continuing legal action against the company.

Just more lawyers getting rich!