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LAW360: JBS Reaches $25M Beef Price Fixing Deal With Indirect Buyers

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LAW360: JBS Reaches $25M Beef Price Fixing Deal With Indirect Buyers

“JBS USA Food Co. Has agreed to pay $25 million to settle claims filed by a class of indirect beef product purchasers accusing the meat processing giant of participating in a nationwide scheme to constrain the supply of beef products and drive up prices according to a Minnesota federal court filing. ”

CGL represents a class of small businesses that claim they were injured by the alleged scheme to drive up the price of beef.

Link to article | pdf version

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