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JBS Settles More Pork Price-Fixing Claims With $20 Million Deal

March 29, 2021, 4:00 PM

JBS SA will pay $20 million to resolve consumer antitrust claims over its alleged role in an industrywide scheme to fix the price of pork through coordinated public statements and secret data exchanges, according to a federal court filing in Minneapolis.

The deal, docketed in the U.S. District Court for the District of Minnesota, is the second eight-figure settlement reached by JBS, which will also pay $24.5 million to resolve parallel wholesaler claims as part of an agreement that got tentative approval in January from Judge John R. Tunheim.

In a March 26 motion seeking Tunheim’s blessing for the consumer ...

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