Did you receive a notice from Pork Prices Antitrust? Did you receive a mail about a class action settlement to resolve Pork Prices Antitrust lawsuit? This review will help you partake in the class action settlement after confirming the authenticity of the mail.
What Is Pork Prices Antitrust Class Action Settlement?
This class action is called In re Pork Antitrust Litigation (Indirect Purchaser Actions), Case No. 0:18-cv-01776 (D. Minn.) and is pending in the United States District Court for the District of Minnesota. U.S. District Court Judge John R. Tunheim is in charge of this class action.
What Is This Class Action All About?
Indirect Purchaser Plaintiffs allege that Defendants and their co-conspirators conspired and combined to fix, raise, maintain, and stabilize the price of Pork products, as of January 1, 2009, with the intent and expected result of increasing prices of Pork products in the United States, in violation of federal and state consumer and antitrust laws.
The Defendants and co-conspirators named in Consumer Indirect Purchaser Plaintiffs’ Second Amended Consolidated Class Action Complaint are producers of Pork products in the United States, as well as Agri Stats, Inc. In this notice, “Defendants” refers to JBS USA Food Company, JBS USA Food Company Holdings, Clemens Food Group, LLC, The Clemens Family Corporation, Hormel Foods Corporation, Seaboard Foods LLC, Smithfield Foods, Inc., Triumph Foods, LLC, Tyson Foods, Inc., Tyson Prepared Foods, Inc., Tyson Fresh Meats, Inc., and Agri Stats, Inc.
Indirect Purchaser Plaintiffs previously reached a settlement with one Defendant, JBS. The Court granted final approval to the JBS settlement on September 14, 2022. Indirect Purchaser Plaintiffs have now reached a new proposed Settlement with Defendant Smithfield. Smithfield has denied all allegations of wrongdoing in this lawsuit and would allege numerous defenses to Plaintiffs’ claims if the case against it were to proceed. The Indirect Purchasers’ case is proceeding against all other Defendants besides JBS and Smithfield. Those other Defendants may be subject to separate settlements, judgments, or class certification orders. If applicable, you will receive a separate notice regarding the progress of the litigation and any resolution of claims against other Defendants.
Smithfield has denied all allegations of wrongdoing in this lawsuit and would allege numerous defenses to Plaintiffs’ claims if the case against it were to proceed.
The valid claim form is filed on the settlement website.
Who Is Eligible?
You will remain part of the Settlement and you may participate in any monetary distribution to qualified purchasers. The Settlement will resolve your claims against Smithfield, and you will give up your rights to sue Smithfield about the Released Claims (as defined in the Settlement Agreement). You will be bound by the judgment.
How To Be Part of This Settlement
For class member to partake in this settlement, the Deadline to file a claim is June 30, 2023.
Write to the Court about why you don’t like the Settlement. Objections must be postmarked or received by February 7, 2023.
This is the only option that allows you ever to be part of any other lawsuit against Smithfield concerning the Released Claims (as defined in the Settlement Agreement). Requests for Exclusion must be postmarked or received by February 7, 2023.
What Is The Pay For This Settlement?
The pay for this settlement varies and the proof of purchase is not necessary.
Conclusion
As you submit your claim to the settlement website, just like Eversource class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. Ask to speak in Court about the fairness of the Settlement. The date of the Fairness Hearing is April 3, 2023 at 3:30 p.m. CST.
