Hormel Settles Pork Direct Purchasers’ Price-Fixing Claims For More Than $4.8M

( October 17, 2024, 8:15 AM EDT) -- MINNEAPOLIS — Hormel Foods Corp. will pay $4,856,000 to settle class claims by direct purchaser plaintiffs (DPPs) who have accusing various pork suppliers in a multidistrict litigation of conspiring to stabilize and increase the price of pork, according to an order granting final approval filed by a federal judge in Minnesota....