JBS Settles With Commercial, Institutional IPPs In Beef Antitrust Class Case

(November 30, 2023, 10:16 AM EST) -- MINNEAPOLIS — A federal judge in Minnesota approved a $25 million settlement to be paid by JBS USA Food Co. and other associated entities to a class of commercial and institutional indirect purchaser plaintiffs (CIIPPs) in a case alleging a beef supply conspiracy to artificially inflate domestic beef prices....