Stay updated with breaking news from Pride Corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Tyson Foods Inc said on Wednesday it will pay $221.5 million to settle litigation by three groups of plaintiffs that accused it of illegally conspiring to inflate chicken prices.
(Corrects first and third paragraphs to show that the settlements cover three groups of plaintiffs, not two; deletes reference in sixth paragraph to settlement terms not being disclosed)Jan 20 (Reuters) - Tyson Foods Inc said on Wednesday it would pay $221.5 million to settle a price-fixing litigation with three groups of plaintiffs accusing it of illegally conspiring to inflate prices in the $65 billion chicken industry.The amount will be reflected in its first-quarter statements, the company said in a regulatory filing. (https://bit.ly/3irbA5a)
FinancialContent fully hosted finance channel
Tyson, JBS, Cargill, Perdue prepare to vaccinate workforce Labor groups urge Biden to develop national safety standard January 19, 2021 6:00 AM By Fatima Hussein and Megan U. Boyanton Meatpacking workers and their employers are pushing to the front of the line for coronavirus vaccinations as state governments roll out their distribution plans to combat the pandemic. President-elect Joe Bidenâs administration is pushing to implement an emergency temporary standard that would compel most American workplaces to develop Covid safety protocols in line with guidance from the Center...
Tyson Foods Inc said on Wednesday it will pay $221.5 million to settle litigation by three groups of plaintiffs that accused it of illegally conspiring to inflate chicken prices.