Hormel Settles Price-Fixing Litigation | American Ag Network

Apr 18, 2024  · Hormel Foods is the latest U.S. pork producer to reach a settlement in the ongoing allegations of a price-fixing conspiracy in the meat industry. In the first settlement round, …


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Independent Ag Network: Hormel Settles Price-Fixing Litigation

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Apr 2, 2024  · The monetary relief in the case is now up to more than $57 million. The price-fixing litigation dates back to 2018. The allegations were consolidated and transferred to a …

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Mid-morning Ag News, April 19, 2024: Hormel Settles Price-fixing …

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Apr 19, 2024  · In the first settlement round, Hormel will pay $2.43 million to the commercial indirect purchaser class in the case. Growing Harvest Ag Network Mid-morning Ag News, April …

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Hormel Settles Pork Price-fixing Suits For $11 Million - Star Tribune

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Apr 11, 2024  · Hormel Foods will pay more than $11 million to settle class-action lawsuits alleging the company worked with other pork producers to illegally fix prices and overcharge …

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Hormel Foods Reaches Settlement In Pork-Price Fixing Case

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Apr 9, 2024  · The settlement, totaling millions of dollars, addresses claims made by three different classes of pork purchasers. The settlement agreement involves a payment of $2.4 million to …

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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 …

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Hormel Gets Preliminary Approval For $4.6 Million Pork Suit Deal

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Jul 10, 2024  · Hormel Foods Corp. won preliminary approval of a $4.6 million settlement with indirect consumer purchasers resolving allegations that the company conspired to inflate the …

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Hormel, Processors Settle Wage-fixing Suit For $13.5 Million - Star …

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Aug 26, 2024  · Hormel Foods, subsidiary Rochelle Foods and supplier Quality Pork Processors have settled a class-action lawsuit alleging illegal wage-fixing for a combined $13.5 million.

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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 …

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Hormel Settles Pork Price-fixing Suits For $11 Million

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Apr 11, 2024  · The proposed settlements, filed in federal court in Minneapolis last week, will see the Austin, Minnesota-based food company end the litigation without admitting fault. Hormel …

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Hormel Settles Pork Price-fixing Suits For $11 Million

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Apr 13, 2024  · Hormel Foods will pay more than $11 million to settle class-action lawsuits alleging the company worked with other pork producers to illegally fix prices and overcharge …

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Agri 007: Hormel Settles Price-fixing Lawsuit

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Hormel Foods has paid $2.4 million to settle its part of a pork price-fixing lawsuit that was filed against the largest pork packing companies in the United States. A Minnesota federal judge …

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FAQs about Hormel Settles Price-Fixing Litigation | American Ag Network Coupon?

Where is Hormel based?

Hormel headquarters in Austin, Minn. (The Minnesota Star Tribune) Hormel Foods, subsidiary Rochelle Foods and supplier Quality Pork Processors have settled a class-action lawsuit alleging illegal wage-fixing for a combined $13.5 million. ...

Did meat companies agree to a 'price-fixing lawsuit'?

A number of meat companies have agreed to hundreds of millions worth of settlements in wide-ranging federal lawsuits alleging price-fixing and other anti-competitive behavior in recent years. Brooks Johnson is a business reporter covering Minnesota’s food industry, 3M and manufacturing trends. ...

Why did Hormel share compensation data with competitors?

The company reportedly shared compensation data with competitors to “artificially depress” wages and benefits throughout the industry. Hormel subsidiary Jennie-O Turkey Store also reached a settlement in a separate wage-fixing case last week. ...

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