Bloomberg Law
Aug. 8, 2019, 10:16 PM

Pork Producers Beat Price-Fixing Suit Alleging Herd Cutbacks

Mike Leonard
Mike Leonard
Legal Intelligence Reporter

The country’s top pork producers, including affiliates of Tyson Foods Inc., JBS USA Food Co., and Hormel Foods Corp., beat a lawsuit Aug. 8 that accused them of a scheme to inflate the price of pork by reducing their hog herds.

Judge John R. Tunheim of the District of Minnesota tossed the multidistrict case, which was consolidated into three class actions representing wholesalers, retailers, and consumers. The suit also targeted Agri Stats Inc., which compiles agricultural price indices.

The pork producers sent one another signals through public statements about the need to cut back on production, the ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.