FTC probes grocery and meat supply chain and spiking prices

The two largest U.S. supermarket chains, the leading grocery wholesaler and the No. 1 chicken processor are among nine companies ordered by the Federal Trade Commission to turn over detailed information for its study of "empty shelves and sky-high prices." The commission said it would investigate the causes of supply chain disruptions and the hardships imposed on consumers. No paywall

Lawsuit charges poultry price-fixing, asks restitution

Nineteen poultry processors, including industry leader Tyson Foods, are accused of conspiring to fix chicken prices in a lawsuit filed by Washington State Attorney General Bob Ferguson. The suit asks for restitution for Washington consumers that could potentially run into the millions of dollars.

Tyson Foods sets Covid-19 vaccination deadline

The largest U.S. meat processor, Tyson Foods, said on Tuesday that all of its 139,000 employees must be fully vaccinated against the coronavirus by Nov. 1, with a proposed $200 "thank you" for to frontline workers for compliance. "We do not take this decision lightly," said chief executive Donnie King in a memo. "We have spent months encouraging our team members to get vaccinated – today under half of our team members are."

DOJ: Tyson was not directed by federal government to continue pandemic production

The federal government never instructed Tyson Foods and other meatpackers to keep their plants open during the early months of the pandemic, according to the Department of Justice in a recent filing in a federal appeals case. Experts say the brief, along with others filed in the case, is a good sign for the plaintiffs, the relatives of four Tyson workers in Waterloo, Iowa, who died of Covid-19 last spring. It is also likely to have broad implications for other Covid-related lawsuits filed by meatpacking workers around the country. (No paywall)

Tyson shareholders reject proposals on human rights, corporate transparency

At its annual meeting on Thursday, Tyson Foods shareholders rejected three proposals that would have increased investor oversight of the company's operations. Tyson also reported lower-than-expected sales in the first quarter as well as ongoing pandemic-related worker absenteeism and turnover.

Tyson faces investor pressure over handling of Covid-19 pandemic

Tyson Foods investors attending its online annual shareholder meeting this week will consider several proposals to increase oversight of the company, all of which stem from the company’s handling of the Covid-19. Thousands of Tyson workers have contracted the virus and dozens have died at plants around the country.

Tyson to pay $221.5 million to settle price fixing claims

The largest U.S. poultry producer, Tyson Foods, said on Wednesday it would pay $221.5 million to settle antitrust litigation that accuses it of price fixing in the sale of broiler chicken meat.

Big poultry processor to pay $75 million to resolve antitrust lawsuit

Three months after a plea agreement with the government that included a $110.5 million fine, Pilgrim’s Pride, the second-largest U.S. poultry processor, said on Monday it would pay $75 million to settle a class-action lawsuit by its customers. Other price-fixing claims are pending in the …

Tyson Foods fires seven in Covid betting pool

Tyson Foods said on Wednesday that it had fired seven management employees at its hog slaughter plant in Waterloo, Iowa, following allegations that plant manager Tom Hart had organized a betting pool over how many of the plant's employees would become ill with Covid-19.