WebA US judge on Tuesday approved a $75 million settlement between Smithfield Foods Inc and a class of consumers who accused the pork producer of conspiring to restrict supply in order to keep prices artificially high, reported Reuters. US District Judge John Tunheim in Minneapolis called the resolution "fair, reasonable, and adequate" in his order approving … WebSep 20, 2024 · A federal judge in Minnesota approved the settlement of the price-fixing lawsuit last week. But the judge also ruled that nearly $7 million of the settlement will go …
Pork consumers
WebApr 12, 2024 · “The settlement class members’ positive reaction supports final approval,” Tunheim wrote. The judge said that out of millions of potential class members only “three have opted out, and none have objected.” The orders were the latest in long-running litigation over allegedly inflated prices in the $20 billion annual pork market. WebApr 13, 2024 · Katie Arcieri. Smithfield Foods Inc. won court approval for a settlement that calls for the food company to pay $75 million to consumers following claims that it participated in an industry-wide pork price-fixing scheme. The settlement ends litigation brought by a group of consumer plaintiffs who alleged that Smithfield Foods and other … easter bunny juice boxes
JBS USA agrees to $20M settlement in pork price-fixing lawsuit
Web2 days ago · A U.S. judge on Tuesday approved a $75 million settlement between Smithfield Foods Inc and a class of consumers who accused the pork producer of conspiring to restrict supply in order to keep prices WebApr 13, 2024 · Katie Arcieri. Smithfield Foods Inc. won court approval for a settlement that calls for the food company to pay $75 million to consumers following claims that it … WebSep 20, 2024 · A federal judge in Minnesota approved the settlement of the price-fixing lawsuit last week. But the judge also ruled that nearly $7 million of the settlement will go to the plaintiffs’ lawyers for their work in the case. The pork lawsuit is one of several price-fixing lawsuits making their way through the courts. cucina 120 rochester ny