IN RE PORK ANTITRUST LITIGATION

  1. April 08, 2024

    Hormel Settling Pork Price-Fixing Claims For Over $11M

    Three plaintiff classes in the ongoing pork price-fixing litigation against Hormel Foods have reached preliminary settlements worth over $11 million with the company and are now asking the Minnesota federal judge overseeing the case to grant them initial approval.

  2. February 26, 2024

    Burford, Sysco Object To Nixed Swap In Price-Fixing Suits

    Restaurant food distributor Sysco and a Burford Capital affiliate both objected to a federal magistrate judge's decision not to allow the affiliate to replace Sysco in sprawling price-fixing lawsuits against pork and beef producers, asserting that the denial contravenes civil procedure rules and public policy.

  3. February 09, 2024

    Burford Can't Sub For Sysco In Pork, Beef Price-Fixing Suits

    Legal investment firm Burford Capital cannot substitute for Sysco in sprawling price-fixing lawsuits against pork and beef producers because doing so would extend the litigation just so Burford can maximize its return on investment, a Minnesota federal judge ruled Friday.

  4. September 27, 2023

    Pork Buyers' Price-Fixing Suit Is Timely, Minn. Judge Rules

    A Minnesota federal judge Tuesday refused to throw out a consolidated complaint brought by nine groups of pork buyers who accuse Tyson Foods Inc., Hormel Foods Corp. and other pork producers of colluding to diminish supply and inflate prices in sprawling multidistrict litigation.

  5. August 08, 2023

    Sysco, Burford Defend Swap In Minn. Pork Price Case

    A recent spat between Sysco and legal investment firm Burford Capital over control of settlement approval is irrelevant to their "straightforward" request to swap in a Burford-affiliated entity as plaintiff in a pork price-fixing lawsuit, the food distribution giant told a Minnesota federal court this week.

  6. July 10, 2023

    Burford Affiliate Fights To Sub For Sysco In Price-Fixing Suits

    An affiliate of litigation funding giant Burford Capital pressed a Minnesota federal judge to let it replace Sysco as a plaintiff in sprawling price-fixing lawsuits against pork and beef producers following the resolution of Sysco and Burford's separate fight over who controlled Sysco's litigation future.

  7. June 23, 2023

    Seaboard To Pay Pork Buyers $9.75M In Price-Fix MDL

    A class of direct purchasers urged a Minnesota federal court to approve a $9.75 million deal with Seaboard Foods LLC in multidistrict litigation over claims that pork producers colluded to inflate prices, bringing the total settlement amount to $111 million.

  8. April 12, 2023

    Consumers Get Final OK On $75M Smithfield Price-Fixing Deal

    A Minnesota federal judge granted final approval Tuesday to a $75 million settlement between Smithfield Foods Inc. and consumer indirect purchasers in multidistrict litigation over a purported scheme concocted by the meat industry to inflate pork prices, also granting $25 million in attorney fees.

  9. March 29, 2023

    3 Pork Buyer Classes Score Cert. In Price Fixing Case

    A Minnesota federal judge on Wednesday certified three classes of direct and indirect buyers in sprawling multidistrict litigation over a purported scheme to inflate pork prices.

  10. November 10, 2022

    Court OKs $75M Smithfield Deal In Pork Price-Fixing Suit

    A Minnesota federal judge has preliminarily approved a $75 million settlement between Smithfield Foods Inc. and consumer indirect purchasers in multidistrict litigation over a purported scheme concocted by the meat industry to inflate pork prices.

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