Civil Plaintiff
JBS Agrees to $83.5M Settlement in Ongoing Beef Price-Fixing Case

JBS has agreed to pay $83.5 million to settle antitrust claims that it conspired with other meat-packing companies to curb supply in the U.S. beef market to artificially inflate prices.
Ranchers and other plaintiffs disclosed their proposed settlement, with the Brazilian company and its U.S. units on Friday in federal court in Minnesota.
Read more at Reuters.