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$8M settlement proposed in beef price-fixing class action

Those who bought beef after 2015 could be eligible for a share of nearly $8 million as part of a proposed settlement with companies over allegations of price-fixing. The deal still needs to be approved by the courts.

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Those who bought beef after 2015 could be eligible for a share of nearly $8 million as part of a proposed settlement with companies over allegations of price-fixing. Canadians who bought beef after 2015 could be eligible for a share of nearly $8 million as part of a proposed settlement with companies over allegations of price-fixing. A statement from multiple Canadian law firms says JBS USA Company, Swift Beef Company, JBS Packerland Inc, and JBS Canada ULC have agreed to pay $7.49 million while National Beef has agreed to pay $495,000. The deal still needs to be approved by the courts and is not considered an admission of wrongdoing by the companies. A settlement hearing for members in all provinces except Quebec is scheduled for September 10, while the Quebec settlement hearing is slated for December 1 of this year. The class-action lawsuit was filed in 2022 alleging that companies that sell beef were involved in an unlawful conspiracy involving the supply or price of beef sold in Canada. The settlement does not include beef products and beef purchased by the food service industry, such as restaurants.

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Useful phrases from this story

could be eligible for aCollocation

อาจจะมีสิทธิ์รับ.

From the storyThose who bought beef after 2015 could be eligible for a share of nearly $8 million as part of a proposed settlement with companies over allegations of price-fixing.

proposed settlement with companies overCollocation

การแก้ไขข้อเสนอกับบริษัท.

From the storyThose who bought beef after 2015 could be eligible for a share of nearly $8 million as part of a proposed settlement with companies over allegations of price-fixing.

have agreed to payCollocation

ได้ยินยอมจ่าย.

From the storyA statement from multiple Canadian law firms says JBS USA Company, Swift Beef Company, JBS Packerland Inc, and JBS Canada ULC have agreed to pay $7.49 million while National Beef has agreed to pay $495,000.

has agreed to payCollocation

ได้ยินยอมชําระเงิน.

From the storyA statement from multiple Canadian law firms says JBS USA Company, Swift Beef Company, JBS Packerland Inc, and JBS Canada ULC have agreed to pay $7.49 million while National Beef has agreed to pay $495,000.

approved by the courts andCollocation

ที่ได้รับการอนุมัติจากศาล และ.

From the storyThe deal still needs to be approved by the courts and is not considered an admission of wrongdoing by the companies.

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