The Springdale, Arkansas-based company said it reached an agreement to settle all class claims related to broiler chicken litigation, without admitting liability, according to a Wednesday
The U.S. chicken industry, a $95 billion retail market, has been embroiled in litigation for years. Chicken buyers
Meat companies have also been in the spotlight after thousands of workers at slaughter plants were infected with the Covid-19 virus last year. Prices skyrocketed when plants shut down to slow outbreaks, even as prices for animals such as cattle and hogs fell.
--With assistance from
To contact the reporter on this story:
To contact the editors responsible for this story:
Lydia Mulvany, Doug Alexander
© 2021 Bloomberg L.P. All rights reserved. Used with permission.