Buy any of these beef cuts between 2014 and 2019? You may qualify for payment in $87.5M settlement
Summary
A class-action antitrust lawsuit against Tyson Foods, Cargill, National Beef, and JBS has resulted in an $87.5 million settlement for consumers who purchased select beef products between August 1, 2014, and December 31, 2019, in 26 states and the District of Columbia. The lawsuit alleged that these companies engaged in market allocation, increasing beef prices. While the companies haven't admitted wrongdoing, they've agreed to settlements. Qualifying purchases include fresh and frozen chuck, loin, rib, and round primal cuts from grocery stores, excluding premium, specialty, and processed beef. Consumers can submit claims online or by mail before June 30, 2026, and payments will be pro-rata based on purchases, though final approval and distribution are pending and could be delayed by objections or the fairness hearing scheduled for May 12, 2026. Claimants will forfeit their right to sue Tyson and Cargill over these allegations upon submission.
(Source:Wsav-tv)