Hormel Foods has paid $2.4 million to settle its part of a pork price-fixing lawsuit that was filed against the largest pork packing companies in the United States.
A Minnesota federal judge has approved the deal.
The case was part of a larger legal action involving 27 consolidated cases and 146 parties. The allegations centered on claims that pork producers conspired to fix prices, with the case initially consolidated in December, 2022.
