Pet Food Parties Reach $24M Settlement Deal

Law360, New York (May 23, 2008, 12:00 AM EDT) -- Menu Foods Inc., Nestle Purina Petcare Co., Iams Co. and other pet food makers that were involved in last year's massive recall of contaminated dog and cat meals asked the court on Thursday to approve a $24 million settlement fund to compensate pet owners in the multidistrict litigation.

“After over seven months of arm's length negotiations by experienced, capable counsel on all sides of the table, the parties have reached a settlement that resolves the claims of consumers in the United States and Canada who purchased,...
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