NAMA Shortcuts
Member Directory
Best of NAMA 2014
Upcoming Events
Chapters
Agri-Marketing Conf
More NAMA












DAIRY FARMERS OF AMERICA, PRODUCERS SETTLE CLASS ACTION LAWSUIT
Agri-Pulse reports:

After "almost five years of intensive litigation" and millions of pages of documents, lawyers for Dairy Farmers of America (DFA) and a group of northeastern U.S. dairy farmers have agreed to settle a class action antitrust suit for $50 million, to be paid by DFA and an affiliate. The proposed settlement rests on approval by U.S. District Judge Christina Reiss in Burlington, Vermont.

If approved, the deal would end a contentious dispute that began Oct. 8, 2009, when attorneys for dairy farmers Alice and Laurence Allen, of Wells River, Vermont, and Ralph and Garret Sitts, of Franklin, New York, claimed that Dean Foods, HP Hood and DFA worked together to suppress prices paid to farmers and deny them access to milk processors (see Agri-Pulse, Oct. 14, 2009, page 5).

All the defendants resisted the allegations. The complaint against Hood was dismissed in 2010 and Dean agreed to settle its part of the suit for $30 million the following year.

The settlement payment would be far less than the challengers first sought. They had presented calculations by University of California-Berkeley agricultural economist Gordon C. Rausser that they lost $341 million as a result of DFA's and Dean's marketing practices.


Search News & Articles























Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © Copyright 2014, Henderson Communications LLC. | User Agreement