A Minnesota federal judge has granted final approval for a $2.4 million settlement between Hormel Foods and a class of commercial indirect purchasers. This settlement resolves allegations of Hormel’s involvement in antitrust violations against the nation’s largest pork producers.
The case was part of a larger legal action involving 27 consolidated cases and 146 parties. The allegations centered on claims that pork producers conspired to fix prices, with the case initially consolidated in December 2022 by Judge Tunheim.
This settlement marks a significant development in the ongoing legal battles within the pork industry.
