Story perspectives
Tyson and Cargill Settle $87.5M Beef Price-Fixing Lawsuit
10/7/2025
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Story summary
- Tyson Foods, Inc. and Cargill will pay $87.5 million to settle a federal beef price-fixing lawsuit. Tyson contributes $55 million and Cargill $32.5 million.
- The settlements require judicial approval; settlements cover the ongoing 2019 litigation and the parties’ split is $55 million (Tyson) and $32.5 million (Cargill).
- The case covers 36 million potential class members who bought beef from August 2014 through December 2019; damages are estimated at $1.9 billion, and plaintiffs may seek $29 million in fees.
