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Tyson’s, Pilgrim’s, Others’ $104 Million Antitrust Deal Approved

April 20, 2022, 4:06 PM

Restaurants leading litigation over an alleged industrywide scheme to fix chicken prices got the approval of a federal judge in Chicago for $104 million in settlements—including $31 million in legal fees—with Tyson Foods Inc., Pilgrim’s Pride Corp., and other poultry processors.

Judge Thomas M. Durkin awarded the fees Tuesday, along with $10 million in expenses, a day after signing off on pacts with seven poultry processors, including a $42.5 million agreement with Tyson and a $44 million deal with Pilgrim’s, a subsidiary of Brazilian meatpacking giant JBS SA.

The other related antitrust settlements Durkin approved were a ...