$7.3M Settlement in Hormel and Seaboard Class Action Over Alleged Pork Price Fixing
Deadline
Deadline: No deadline specified
Total Settlement Amount
Total amount allocated for all claims
Individual Payout Range
Estimated amount per eligible claim
Proof of Purchase
Proof of purchase is required. Claimants can register on the settlement website to receive updates and be notified when claim forms become available.
Settlement Summary
This class action lawsuit revolves around allegations that Hormel Foods and Seaboard Foods, major pork producers, colluded to manipulate the price of pork products in the United States from June 28, 2014, to June 30, 2018. The lawsuit asserts that these companies violated federal and state antitrust laws, consumer protection laws, and unfair trade practices by controlling the supply and coordinating price inflation of these pork products. The settlement reached a total amount of $7,389,000 with $2,429,000 coming from Hormel Foods and $4,960,000 from Seaboard Foods. To qualify for a payout, the claimants must be commercial or institutional indirect purchasers who purchased certain pork products for commercial food preparation in specified locations during the aforementioned period. The exact payout per class member is yet to be specified.
Entities Involved
Eligibility Requirements
- Must be a commercial or institutional indirect purchaser of uncooked pork bacon, fresh or frozen loins, shoulder, ribs, hams, or pork chops.
- The purchase must have been made from defendants or co-conspirators for commercial food preparation.
- The purchase must have been made from June 28, 2014 to June 30, 2018.
- Purchasers must be from qualifying states and territories.
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Important Notice About Filing Claims
Submitting false information in a settlement claim is considered perjury and will result in your claim being rejected. Fraudulent claims harm legitimate class members and may result in legal consequences.
If you are unsure about your eligibility for this settlement, please visit the official settlement administrator’s website using the link provided above. Review the eligibility criteria carefully before submitting a claim.
Class Action Champion is an independent information resource and is not affiliated with any settlement administrator, law firm, or court. We provide settlement information as a service to help connect eligible class members with legitimate settlements.