Chicken Buyers Nab $93.5M Deals In Price-Fixing Row
By J. Edward Moreno (October 1, 2021, 6:57 PM EDT) -- Commercial and institutional indirect purchasers reached three settlements totaling $93.5 million with Tyson Chicken, Pilgrim's Pride Corporation and Mar-Jac Poultry, which were among the poultry giants that have been accused of engaging in a years-long scheme to fix chicken prices.
Under the proposed settlements filed Thursday, Tyson will pay $42.5 million, Pilgrim will pay $44 million, and Mar-Jac will pay $6 million to the indirect purchasers. It marks the latest round of settlements in the long-running multidistrict litigation, which dates back to September 2016.
The proposed class of indirect buyers in this settlement consistsprimarily of commercial food preparers such as restaurants,...
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