LAW360: JBS Reaches $25M Beef Price Fixing Deal With Indirect Buyers
“JBS USA Food Co. Has agreed to pay $25 million to settle claims filed by a class of indirect beef product purchasers accusing the meat processing giant of participating in a nationwide scheme to constrain the supply of beef products and drive up prices according to a Minnesota federal court filing. ”
CGL represents a class of small businesses that claim they were injured by the alleged scheme to drive up the price of beef.