Thursday, April 21, 2022

Another deal over price-fixing

A federal judge has approved a $104 million settlement among some of the largest United States chicken processors and many restaurant chains that sued them for price fixing.

Judge Thomas M. Durkin ruled that a third of the settlement fund, about $31 million, will pay the restaurant chains’ legal fees,and $10 million will cover expenses.

Signing off on the deal were Amick Farms, Fieldale Farms, George’s Inc., Mar-Jac Poultry, Peco Foods, Pilgrim’s Pride and Tyson Foods. 

Multiple settlements of similar scope have been reached since the original broiler price fixing lawsuit was filed by a New York-based food distributor in September 2016.