Tyson Foods Agrees to Pay $55M to Consumers in Beef Price-Fixing Lawsuit

Tyson Foods agrees to pay $55M to consumers in beef price-fixing lawsuit

SPRINGDALE, Ark. (KNWA/KFTA) — Tyson Foods has agreed to pay $55 million to settle its part of a class-action lawsuit involving alleged beef price fixing, according to federal court documents. Preliminary class action settlements were filed in U.S. District Court in Minnesota on Oct. 6 and require approval from the judge. Cargill, a Minnesota-based food corporation agreed to pay more than $32 million to settle the suit against them. The National…

Tyson, Cargill to pay $88 million to consumers in beef price-fixing lawsuit