ABC and a South Dakota meat producer announced a settlement Wednesday in a $1.9 billion lawsuit against the American network over its reports on a lean, finely textured beef product that critics dubbed “pink slime.”

Wesley and Joesley Batista have combined debt of $790 million.

Jury selection started Wednesday in a more than $1 billion defamation case over ABC news reports on a South Dakota meat producer’s lean, finely textured beef product, which critics have dubbed “pink slime.” The trial in state court is scheduled to last until late July.

Amid large corruption and bribery scandal, JBS’ new chairman Tarek Farahat vows to restore trust in world’s largest protein company.

JBS owners Wesley and Joesley Batista said to have agreed to a plea bargain.

JBS’s founders are known for both big business and scandals.

Meat producers may lose as much as 10% of market share.

Zhang Lian has 270 tons of frozen Brazilian beef on a ship steaming toward Shanghai that he may not be able to get through customs when the vessel arrives next month.

Imports halted from 1 plant of BRF and 1 Seara facility.

Major importers ban Brazil shipments after food-safety scandal.