Lawyers for America’s largest beef packing companies asked a federal judge on Friday to dismiss the class action suit filed against them by a group of ranchers last year.
The antitrust class-action lawsuit alleging America’s largest beef packers conspired to fix cattle prices has been dismissed by a federal judge in Minnesota.
America’s four largest beef packers face another lawsuit claiming antitrust violations since 2015, this one filed by a California distributor seeking treble damages.
Just last week, R-CALF USA filed a lawsuit against four major meat packers. However, even if the cattle producers win, it could still be a losing scenario in the end. Drovers Editor explains why.
The trustee for a bankrupt Chicago grocery co-op now seeks class-action status in a suit claiming the Big 4 packers conspired to manipulate beef prices paid by wholesalers.
