Farmers Strike $159M Settlement In Milk Antitrust Case

Law360, New York (January 22, 2013, 3:44 PM EST) -- A class of dairy farmers reached a $158.6 million settlement Tuesday with marketing cooperative Dairy Farmers of America Inc. and others accused of violating antitrust laws by conspiring to control the supply chain and prices for milk in the Southeast.

U.S. District Judge J. Ronnie Greer granted the farmers' motion for preliminary approval of the deal, which in addition to a settlement fund of $158.6 million provides for changes in the way that the defendant dairy processors and marketing service providers do business in the Southeast.

The deal calls for the defendants to take steps to allow raw milk prices to...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!