Commercial Food Supplier Class Action Settlements
Class Action Capital has identified that many supermarket, restaurants, and other food industry corporations, entities, and individuals are likely eligible for pro-rata payments in multiple Class Action Litigation. The majority of these cases stem from allegations that defendants conspired to fix, raise and maintain pricing of their products, resulting in purchasers paying higher prices than they would have in a competitive market in violation of state and federal antitrust laws. Right now, there is a collective fund of $124,000,000. We expect this to grow as defendants settle, and believe that this total fund could reach nearly $400,000,000.
Many companies that we speak with are eligible for these refunds but do not wish to pursue the claims filing internally due to limitations on their time and resources. Additionally, many firms’ data retention policies limit the relevant documentation they can readily gather.
Class Action Capital specializes in claim preparation and filing for over 5,000 corporate clients across the country. Our offer is to assist your company in recovering your pro-rata share of the settlement funds by handling all the heavy lifting – including data collection and analysis, claim preparation and filing – on your behalf.
The only thing Class Action Capital needs to get started is for your company to complete our Claim Authorization Form (below). Once completed, we will get to work analyzing your claim to prepare and file for the impending deadlines in a timely manner.
IN RE: BROILER CHICKEN ANTITRUST – COMMERCIAL FOOD PURCHASER INDIRECT – $103,000,000 (with more expected)
This lawsuit alleges that beginning in 2008, broiler chicken producers coordinated their efforts to artificially reduce the supply of broiler chickens for sale in the United States, knowing that supply reductions would increase prices. Broiler chickens constitute approximately 98% of all chicken meat sold in the United States. The plaintiffs allege that the defendant producers, who comprise approximately 90% of the broiler chicken market and include brand names like Tyson, Perdue, and Sanderson Farms coordinated their supply reductions by sharing confidential production information with one another, closing plants, exporting hatching eggs, and destroying their breeder hens. As a result, during that time broiler chicken prices have increased by nearly 50%.
Eligible parties include entities that indirectly purchased Broiler Chickens from any defendant or co-conspirator for their own use or for delivery in the United States between January 1, 2008 – July 31, 2019.
The projected settlement fund may be up to $200,000,000.
The deadline to file is March 2, 2022.
IN RE: PACKAGED SEAFOOD PRODUCTS ANTITRUST LITIGATION – $6,500,000
This case alleges that the three major manufacturers of packaged tuna – Bumble Bee, Starkist and Chicken of the Sea colluded to fix the cost of packaged tuna-fish in the United States from June 2011 – December 2016.
Eligible parties include entities that indirectly purchased tuna from any defendant or co-conspirator in packages of 40 ounces or more for their own use during the period listed above.
IN RE: PORK ANTITRUST LITIGATION – $12,750,000
This case, which was brought on behalf of both direct and indirect purchasers, alleges that the leading manufacturers of pork in the United States colluded to fix the supply and market for pork from 2009 to the present.
Defendants include BS USA Food Company, JBS USA Food Company Holdings, Clemens Food Group, LLC, The Clemens Family Corporation, Hormel Foods Corporation, Seaboard Foods LLC, Smithfield Foods, Inc., Triumph Foods, LLC, Tyson Foods, Inc. Tyson Prepared Foods, Inc., Tyson Fresh Meats, Inc., and Agri Stats, Inc.
TURKEY ANTITRUST LITIGATION – SANDEE’S CATERING V. AGRI STATS, INC., ET AL. – $1,750,000
This case alleges that Defendants and their Co-Conspirators entered into an information exchange agreement that reduced or suppressed competition in the market for turkey.
Eligible parties include all commercial and institutional purchasers in the United States and its territories that purchased turkey, once or more, other than directly from Defendants, entities owned or controlled by Defendants, or other producers of turkey, from January 1, 2010 to January 1, 2017.
CATTLE ANTITRUST LITIGATION
This case alleges that the price-fixing conspiracies in the chicken and pork industries extended to the beef industry beginning in 2015.