Overview
- Eligible consumers are those who bought qualifying fresh or frozen chuck, loin, rib, or round cuts at retail between August 1, 2014 and December 31, 2019.
- Key dates are set: objections and opt-outs by March 30, 2026, a fairness hearing on May 12, 2026 in the U.S. District Court for the District of Minnesota, and claim submissions by June 30, 2026.
- Tyson will pay $55 million and Cargill $32.5 million, and both companies deny wrongdoing as they resolve claims to avoid further litigation risk.
- The settlements include non-monetary commitments such as cooperation with ongoing proceedings and compliance-related measures, according to court filings.
- Litigation continues against other defendants, including JBS and National Beef, and any settlement distributions will occur only after final court approval and the conclusion of appeals.