JBS SA is about to settle the third and final phase of legal proceedings in which it was accused of fixing the price of pork.
JBS SA is about to settle the third and final phase of legal proceedings in which it was accused of fixing the price of pork.
The settlementof nearly $13 million would go to retailers and foodservice trade customers allegedly hurt by the actions of JBS and other defendants. JBS has already settled separately with plaintiffs representing consumers and distributors. Added to the latest settlement, the total price tag for JBS comes to about $57 million. A federal judge in Minnesota has given tentative approval to all three settlements.
The cases stem from JBS’s alleged role in conspiring with other major pork processors to restrict supply and prop up prices. JBS has reportedly agreed to cooperate with prosecutors against those other players, who include Tyson Foods, Hormel Foods, Smithfield Foods and others.
Kaeser is the world’s leading air systems specialist and offers a full range of compressed air solutions for almost any application. From industrial compress...
Take a moment to see the scope of Kaeser's commitment to innovative system designs that guarantee ultra-reliable compressed air, easy maintenance, and greater efficiency.
Ventilation has a huge impact on the ambient temperature in the compressor room and is often the missing link to temperature regulation issues. Here are four factors to consider...
Learn how to get a smart, reliable, energy-efficient compressed air system delivered in a turnkey, weatherproof and temperature-controlled enclosure that needs little or no onsite...