Case Against Milk Cooperatives Working Together Settles for $220M
The lawsuit alleged that a handful of major milk producers conspired to reduce milk output. Feb 22nd, 2021 iStock ST. LOUIS, MO — A $220 million settlement has been reached in a class action lawsuit brought against National Milk Producers Federation, Agri-Mark, Inc., Dairy Farmers of America, Inc., and Land O'Lakes, Inc. (Defendants). The lawsuit claimed that an effort known as Cooperatives Working Together (CWT) operated a Herd Retirement Program that was a conspiracy to reduce milk output that violated the law. The Defendants deny doing anything wrong. The Court has not decided who is r...
Source: mbtmag.com