Law360, New York (August 31, 2011, 4:50 PM ET) -- A Tennessee federal judge on Wednesday stayed a $140 million settlement in an antitrust class action brought by dairy farmers against Dean Foods Co. because of conflicts of interest presented by farmers belonging to co-defendant Dairy Farmers of America Inc.
U.S. District Judge Ronnie Greer had granted preliminary approval to the settlement July 14, but decertified a subclass of DFA members July 28 because of conflicts of interest between the DFA farmers — who may have benefited from the DFA's conduct at issue — and independent...
Conflicts Sour Dean, Dairy Farmers' $140M Antitrust Deal
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