Tyson Settles Chicken Buyers' Price-Fixing Claims

Law360 (January 12, 2021, 7:38 PM EST) -- Tyson Foods, which is cooperating with the U.S. Department of Justice on a criminal investigation into potential price fixing in the broiler chicken industry, has settled claims from a group of buyers in a long-running private case with similar allegations.

A proposed class of direct buyers filed a notice Monday in Illinois federal court saying they had agreed to settle antitrust claims against Tyson, the same day Pilgrim's Pride disclosed a $75 million deal with the same group of buyers.

The terms of Tyson's settlement were not disclosed, but the company acknowledged the agreement in a statement Tuesday, saying it will...

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