Tyson Cries Foul Over Burford Substitution in Sysco Settlement

Burford Capital is facing new obstacles in its plan to take over price-fixing lawsuits it funded for Sysco Corp.

US Magistrate Judge John F. Docherty on Wednesday indicated that he will hold hearings to review Sysco’s requests to substitute a Burford affiliate as the lead plaintiff in two separate cases against poultry and beef processors.

Food companies sued by Sysco for alleged antitrust violations, including Tyson Fresh Meats Inc, JBS USA Food Co. and others, last week told told a federal court in Minnesota that they need more information on the plan. Burford’s role in the litigation remains “shrouded in ...