Hormel Foods reaches settlement in pork litigation - Feedstuffs

Apr 9, 2024 · A $2.43 million settlement between Hormel Foods and commercial and institutional indirect pork purchasers has been reached and preliminarily approved, according to newly …

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Hormel Foods Reaches Settlement In Pork Litigation - Feedstuffs

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Apr 9, 2024 · A $2.43 million settlement between Hormel Foods and commercial and institutional indirect pork purchasers has been reached and preliminarily approved, according to newly …

feedstuffs.com

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Hormel Will Pay $2.43 Million To Settle Pork Price-Fixing Claims

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Apr 12, 2024 · Hormel Foods Corp. became the latest pork producer to reach a settlement regarding the ongoing allegations of a price-fixing conspiracy in the industry. For this round of …

news.law

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Hormel Agrees To $2.43 Million Settlement For Pork Price-fixing …

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Apr 11, 2024 · MINNEAPOLIS, MINN. — Hormel Foods Corp. became the latest pork producer to reach a settlement regarding the ongoing allegations of a price-fixing conspiracy in the …

supermarketperimeter.com

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Hormel Settles Wage-fixing Suit - MEAT+POULTRY

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Aug 23, 2024 · DENVER — Hormel Foods Corp., Rochelle Foods LLC and Quality Pork Processors Inc. agreed on Aug. 21 to pay $13.5 million to settle all claims against them in a …

meatpoultry.com

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Hormel Settles With LongHorn Owner, Others Over Pork Price Case

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Apr 8, 2024 · Hormel Foods Corp. agreed to pay $2.4 million to settle claims with Darden Restaurants Inc. ‘s LongHorn Steakhouse and other indirect purchasers accusing the …

bloomberglaw.com

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Hormel Foods, Rochelle Foods, And Quality Pork Processors To Pay …

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Aug 26, 2024 · In March, Tyson Foods agreed to pay $72.25 million, while JBS agreed to a $55 million settlement, all related to the same wage-fixing allegations. While the companies …

swineweb.com

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Hormel, Meat Processors To Pay $13.5 M In Colorado Wage-fixing …

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Sep 4, 2024 · Update: Hormel Foods Corp. and two meat processing plants are the latest companies to reach a settlement with meat plant workers. On Aug. 22, Hormel, Rochelle …

topclassactions.com

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Hormel Foods To Pay $11.75 Million In Settlements On Pork Price …

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Apr 8, 2024 · Hormel Foods Corporation is a food processing group organized around two families of products: - perishable products (70.3% of net sales): fresh meat, refrigerated and …

marketscreener.com

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Hormel Foods Reaches Settlement In Pork Litigation

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Apr 9, 2024 · Previous settlements with JBS and Tyson bring total amount to more than $57 million. Feedstuffs is part of the Informa Markets Division of Informa PLC. Informa PLC | …

feedstuffs.com

FAQs about Hormel Foods reaches settlement in pork litigation - Feedstuffs Coupon?

How much did Hormel Foods pay a pork buyer?

Austin-based Hormel Foods agreed to pay $2.4 million to indirect purchasers of pork in the settlement, according to a court filing in U.S. District Court in Minnesota. Law360 and the trade publication SwineWeb reported that additional settlements with direct pork purchasers and consumers will bring the total deal value to over $11 million. ...

Is Hormel Foods (HRL) stock getting punished by Wall Street?

Hormel Foods ( HRL 0.90%) stock is getting punished by Wall Street, with its shares currently down around 30% from their 52-week high. That compares to a roughly 10% drop for the average consumer staples stock, using the Vanguard Consumer Staples ETF as a proxy. ...

Are Hormel Foods insiders buying or selling stock?

In the past three months, Hormel Foods insiders have sold 96.39% more of their company's stock than they have bought. Specifically, they have bought $159,233.00 in company stock and sold $312,718.00 in company stock. Only 0.72% of the stock of Hormel Foods is held by insiders. 40.99% of the stock of Hormel Foods is held by institutions. ...

Did Hormel Foods use an agricultural data service?

The lawsuit dates to 2018, when plaintiffs alleged that Hormel Foods and eight other companies, including food giants Tyson Foods, JBS USA and Smithfield Foods, used an agricultural data service to share private information about their businesses. ...