Beef eaters in 26 states qualify for automatic payout in $87.5million ‘pricing’ settlement...
Consumers in 26 states who purchased specific beef products between 2014 and 2019 may be eligible for a payout from an $87.5 million settlement.Summary
A class action settlement of $87.5 million has been reached with major beef processors like Tyson Foods and Cargill, offering payouts to consumers in 26 states and the District of Columbia. The lawsuit alleged that these companies colluded to inflate beef prices between August 1, 2014, and December 31, 2019. Eligible purchases include chuck, loin, rib, and round primal cuts, excluding premium, specialty, or processed beef. Claimants can receive payments via check, PayPal, or Venmo, with the amount based on the quantity of qualifying beef purchased. Claims must be submitted by June 30, 2026, and payments will be distributed after a final hearing on May 12, 2026. The companies have not admitted wrongdoing, but agreed to the settlement to avoid further litigation. More information and a list of eligible states can be found at OverchargedForBeef.com.
(Source：The Sun)