Bought beef? Shoppers may be eligible for cash in $87.5 million settlement - here's how to claim
A settlement of $87.5 million with Tyson Foods and Cargill may provide cash payments to consumers who purchased beef between 2014 and 2019.Summary
An $87.5 million antitrust settlement has been reached with Tyson Foods and Cargill, potentially offering cash payments to shoppers in over 25 U.S. states who purchased beef during the 2010s. The lawsuit alleges that major beef processors, including JBS, Cargill, National Beef, and Tyson Foods, colluded to limit competition and inflate prices between August 1, 2014, and December 31, 2019. Tyson will contribute $55 million and Cargill $32.5 million to the settlement, alongside non-monetary relief.
Consumers who bought qualifying fresh or frozen beef (chuck, loin, rib, or round cuts) for personal use in Arizona, California, Florida, Illinois, Iowa, Kansas, Massachusetts, Maine, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Dakota, Tennessee, Utah, West Virginia, Wisconsin, or Washington, D.C., may be eligible. The settlement excludes premium beef varieties like organic, grass-fed, Wagyu, and USDA Prime, as well as ground beef and pre-cooked/seasoned beef.
Eligible claimants can submit a claim form by June 30, 2026, for a pro-rata cash payment, but doing so waives their right to sue Tyson and Cargill regarding these allegations. Consumers who do not submit a claim forfeit their right to payment and future legal action. Options to opt out or object to the settlement are available until March 30, 2026.
(Source：The Economic Times)