Tyson Offers $5M To Settle Chicken Marketing MDL

By Samuel Howard (January 13, 2010, 4:01 PM EST) -- Tyson Foods Inc. has offered $5 million plus attorneys' fees to settle a multidistrict litigation alleging the poultry processing giant lied to consumers by claiming that its chickens were raised without antibiotics.

On Tuesday, the plaintiffs asked Judge Richard D. Bennett of the U.S. District Court for the District of Maryland to grant preliminary approval of the settlement, which promises class members $5 million in reimbursements and as much as $3 million in attorneys' fees.

According to the proposed settlement, class members are entitled to up to $50 in cash depending on the proof of purchase submitted by the consumer, and...

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