If you bought beef, you may be eligible for cash from a massive settlement. Here’s how to claim it

If you bought beef, you may be eligible for cash from a massive settlement. Here’s how to claim it

OregonLive.combusiness

Key Points:

  • An $87.5 million settlement has been reached with U.S. beef processors Tyson Foods and Cargill over allegations of a price-fixing scheme that inflated beef prices from 2014 to 2019 in 26 states.
  • Consumers who purchased fresh or frozen beef primal cuts like chuck, loin, rib, or round in eligible states, excluding processed or specialty beef products, can file claims by June 30 to receive a portion of the settlement.
  • The settlement does not require proof of purchase; claimants only need to estimate their monthly purchase frequency, weight, and amount spent on qualifying beef cuts.
  • Tyson Foods is contributing $55 million and Cargill $32.5 million to the settlement, while four other major beef