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JBS, National Beef Pay $8 M Settlement Over Beef Price-Fixing

7/10/2026

Summary

Story summary

Settlement will distribute $8 million to Canadians who bought fresh or frozen beef after Jan. 1 2015.
JBS subsidiaries will pay $7,498,700 and National Beef $495,000 to settle the beef price-fixing class action, pending approval.
Hearings are set for Sept. 10, 2026 nationwide (except Quebec) and Dec. 1, 2026 in Quebec, with an opt-out deadline of Aug. 10, 2026 for consumers to sue separately.
The agreement admits no wrongdoing and excludes beef bought by restaurants or other food-service providers.

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Story summary

Settlement will distribute $8 million to Canadians who bought fresh or frozen beef after Jan. 1 2015.
JBS subsidiaries will pay $7,498,700 and National Beef $495,000 to settle the beef price-fixing class action, pending approval.
Hearings are set for Sept. 10, 2026 nationwide (except Quebec) and Dec. 1, 2026 in Quebec, with an opt-out deadline of Aug. 10, 2026 for consumers to sue separately.
The agreement admits no wrongdoing and excludes beef bought by restaurants or other food-service providers.