Smithfield Foods Settles Pork Price-Fixing Claims For $75 Million

Mealey's (April 13, 2023, 9:42 AM EDT) -- MINNEAPOLIS — A federal judge in Minnesota granted final approval to a $75 million settlement between a class of consumer indirect purchaser plaintiffs (consumer IPPs) and Smithfield Foods Inc., one of the defendants in a multidistrict litigation accusing various pork suppliers of conspiring to stabilize and increase the price of pork....