Judge John Tunheim of the U.S. District Court in Minnesota has approved $64 million in settlements for pork price-fixing.
He said the agreements are “fair, reasonable, and adequate,” citing extensive negotiations and years of litigation.
Tyson Foods will pay $50 million, Clemens Group $10 million and Triumph Foods $4 million, all in U.S. dollars.
In Canadian dollars, the total is more than $88 million.
This settles only one of a number of lawsuits over pork price-fixing.
