Seaboard Corp. Hit With Records Suit Over Pork Cartel Litigation

Dec. 11, 2020, 9:36 PM

A Seaboard Corp. investor sued the agribusiness in Delaware Chancery Court on Friday, seeking company records to investigate its role in a pork price-fixing scheme at the center of an antitrust case that’s moving forward in federal court.

Despite facing cartel claims credible enough to get a green light from a federal judge in Minneapolis, Seaboard has “remained steadfast” in refusing to turn over records, the complaint says, assailing the company’s “intransigence.”

The lawsuit stems from antitrust litigation consolidated in the U.S. District Court for the District of Minnesota, where a Seaboard subsidiary is one of six major pork processors ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.