Buy beef cuts between 2014 and 2019? You may qualify for part of $87.5M settlement

Buy beef cuts between 2014 and 2019? You may qualify for part of $87.5M settlement

AL.combusiness

Key Points:

  • An $87.5 million settlement has been reached in an antitrust lawsuit against several beef processors, including Cargill and Tyson, accused of limiting beef supply and raising prices from August 2014 to December 2019.
  • Consumers who purchased fresh or frozen beef products made from chuck, loin, rib, or round cuts for personal consumption through retailers in 27 specified states (excluding Alabama) during this period may be eligible for compensation.
  • Excluded from the settlement are beef products labeled as premium (e.g., USDA Prime, organic, Wagyu), specialty (e.g., antibiotic-free, kosher, halal), and processed beef such as ground, marinated, or cooked varieties.
  • Eligible consumers can file claims online