Tyson and 8 pork producers pay out $117M in class action settlement
Key Points:
- Eight major pork producers, including Tyson, are settling antitrust claims for $117 million over allegations of unlawfully raising pork prices by sharing competitively sensitive information through Agri Stats.
- The Justice Department accused Agri Stats of facilitating illegal data exchanges on pork prices, production, and costs, enabling coordinated pricing that increased consumer prices.
- Tyson is paying the largest share of the settlement at $85 million, while all companies deny wrongdoing but agree to settle.
- Consumers who indirectly purchased specified pork products for personal use between June 28, 2014, and June 30, 2018, in 24 eligible states can file claims to receive compensation.
- Claim forms must be submitted by October 29, 2026, with a hearing scheduled for December 11, 2026; payments will be distributed weeks after approval based on valid claims received.