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

Koch Foods Settles in Alleged Price-Fixing Lawsuit


Koch Foods has agreed to pay $15.5 million to settle a class action lawsuit filed against eleven major chicken integrators.  Koch Foods denied any wrongdoing and agreed to the settlement as the "best practicable under the circumstances".  The action by Koch Foods follows a $21 million settlement by Tyson Foods Inc. and a $14.8 million payment by Perdue Farms.  The first two defendants agreed to cooperate against other class action defendants including Pilgrim's Pride and other top-ten companies.

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