Three major pork companies — Tyson Foods, Clemens Food Group, and Triumph Foods — have agreed to pay a combined $64 million to settle claims they conspired to fix pork prices. The resolution marks a significant step in a long-running federal antitrust case.
The proposed settlement includes $50 million from Tyson, $10 million from Clemens, and $4 million from Triumph. With this agreement, all claims from Direct Purchaser Plaintiffs (DPPs) against pork producers in the case have been resolved. The total recovery for the class now exceeds $180 million.
The original lawsuit, filed in 2018, alleged that major pork producers engaged in coordinated efforts to restrict supply and share sensitive market information, leading to inflated prices between June 2014 and June 2018. The class was certified in 2023.
While several companies have now reached settlements, one defendant — a data analytics firm — remains in the case, accused of enabling producers to track and align production trends. A trial is scheduled to begin in June.
This case is part of a broader wave of scrutiny facing the protein sector, with multiple producers across pork, poultry, and beef segments accused of similar behavior in recent years.
Swine Web will continue monitoring updates as the trial moves forward.
