Tyson Foods And Cargill Agree To Pay $87.5 Million To Settle Beef Price-Fixing Claims

Tyson Foods and Cargill agreed to pay a combined $87.5 million to settle consumer claims alleging beef price fixing. According to NS3.AI, Tyson Foods will pay $55 million and Cargill will pay $32.5 million as part of the settlement. The court has not ruled that either company engaged in wrongdoing. Both companies denied all allegations.