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JUDGE GIVES PRELIMINARY APPROVAL OF CHICKEN PRICE FIXING SUIT SETTLEMENT
Mar. 25, 2021
Agri-Pulse reports:
A federal judge has given preliminary approval to separate agreements requiring broiler chicken processors to pay consumers $104 million to settle price-fixing allegations.
At $99 million, the largest payment will come from Tyson Foods, with the rest of the total to be paid by Peco Foods, Fieldale Farms and George's Inc.
Each of the agreements includes cooperation pledges from the companies as the litigation proceeds against remaining defendants, including Koch Foods. Tyson, for instance, pledged to produce up to three current or former employees as witnesses.
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