Monday, September 19, 2022

JBS settles pork lawsuit for $20 million

JBS USA Is paying $20 million to settle a class-action price-fixing lawsuit over pork prices charged consumers in the United States.

Judge John R. Tunheim also approved $6.6 million in plaintiffs’ attorneys’ fee.

Originally filed in 2018, the case alleged price-fixing behavior by Clemens, Hormel, Indiana Packers, JBS USA, Seaboard Foods, Triumph Foods, and Tyson, along with the data analysis firm Agri Stats.