Share via Email


* Email To: (Separate multiple addresses with a semicolon)
* Your Name:
* Email From: (Your IP Address is 18.190.156.80)
* Email Subject: (personalize your subject)


Email Content:
Chick-News.com Poultry Industry News, Comments and more by Simon M. Shane

JBS USA Settles Lawsuit with Indirect Buyers

07/25/2021

JBS USA has agreed to settle with indirect purchases of pork who alleged collusion in setting prices.  The plaintiff class includes restaurants and retail stores purchasing pork processed by JBA USA over the period January 1st 2009, through April 2nd 2021.  JBS will settle for $20 million although it has denied wrongdoing.  As with other companies that have settled, JBS has agreed to provide cooperation in ongoing litigation against other defendants including Hormel Foods, Smithfield Foods, Tyson Foods, Triumph Foods and AgriStats.


 
Copyright © 2024 Simon M. Shane