On Your Side: Beef buyers may be eligible for $87 million class action settlement

SPRINGFIELD, Mo. (KY3) – Consumers who bought beef between 2014 and 2019 may be eligible for compensation from an $87 million class action settlement.

The lawsuit claims several beef processors conspired to limit the supply of beef and increase prices in the market. The companies named include JBS, Cargill, National Beef, and Tyson Foods.

The settlement addresses allegations that the processors worked together to artificially inflate beef prices during the five-year period…

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