A new class-action lawsuit brought by two food distributors alleges that the country's top turkey companies conspired for most of the past decade to raise turkey prices. The allegations mirror those brought in recent years against beef, pork, and chicken companies, and all revolve around the use of reports on industry production and pricing made by a secretive data company called Agri Stats.(No paywall)
A class-action lawsuit filed this week on behalf of pork consumers alleges that hog companies have colluded to artificially hike the price of pork — and their profits. The complaint also provides new insight into Agri Stats, a data-sharing company that sits at the center of the wave of antitrust allegations sweeping the meat sector.(No paywall)
The District Court judge overseeing a massive price-fixing lawsuit against chicken companies said on Wednesday that he would extend a stay of discovery in that case to make way for a criminal investigation by the Department of Justice.
Tyson Foods, Pilgrim’s Pride, and Perdue Farms have all been subpoenaed by the Department of Justice in the agency’s grand jury investigation into the poultry sector. FERN broke news of the investigation in June. The Wall Street Journal reports that the three poultry companies will cooperate …
U.S. District Judge Thomas Durkin in Chicago granted the Department of Justice’s request to stay discovery in a high-profile case that alleges collusion in the poultry industry. Durkin halted discovery in the case for three months, half the time DOJ had requested to protect its own grand jury investigation of the poultry sector.