Share via Email


* Email To: (Separate multiple addresses with a semicolon)
* Your Name:
* Email From: (Your IP Address is 18.220.106.241)
* Email Subject: (personalize your subject)


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

Tyson Settles Alleged Collusion Lawsuit Over Turkey Pricing

02/12/2022

Judge Virginia M. Kendall of the Northern District of Illinois has approved the $4.6 million settlement alleging that the company participated in a program to manipulate price of turkey products.  Of the settlement, $1 million will cover cost of litigation and counsel, basically the genesis of the entire spectrum of shakedown lawsuits alleging collusion among livestock producers. The remaining $3.6 million will be distributed among "all persons who directly purchase turkey from defendants from January 1, 2010, through January 1, 2017".  The class action lawsuit was filed in December 2019 and Tyson proposed a settlement in May 2021.

 

Remaining co-defendants include Butterball, Cargill, Foster Farms and Perdue Farms.


 
Copyright © 2024 Simon M. Shane