The Overcharged for Beef Price Fixing Class Action Settlement resolves antitrust claims alleging that major beef producers engaged in anti-competitive conduct that artificially inflated retail beef prices across the United States. The lawsuit, part of In re: Cattle and Beef Antitrust Litigation, alleges that defendants such as Tyson Foods, Inc. and Cargill, Inc. coordinated actions that reduced supply and fixed prices, causing consumers to overpay for beef products at grocery stores.
Without admitting wrongdoing, Tyson and Cargill agreed to settlements totaling $87.5 million to resolve claims brought on behalf of consumers who indirectly purchased qualifying beef products for personal consumption during the class period. These settlements are separate from claims against other defendants that remain ongoing.
What Products Are Included
Covered products generally include fresh or frozen beef made from primal cuts such as:
The settlement excludes specialty and premium products such as organic beef, Wagyu, grass-fed, seasoned or marinated beef, ground beef, processed beef products, and ready-to-eat items.
Who Qualifies and Why This Settlement Matters
This settlement matters because it provides financial relief to consumers who may have unknowingly paid inflated prices due to alleged price-fixing in the beef industry. Eligible consumers who submit valid claims can receive pro-rata cash payments, meaning payouts depend on how many total claims are approved and the estimated amount of beef purchased during the eligible period.
This settlement is especially relevant for users searching for class action settlement payouts, beef price fixing lawsuits, claim deadlines, eligibility requirements, and how to file a claim related to food price inflation.
How Payouts Work
All approved claims will be paid from the settlement fund after deductions for attorneys’ fees, litigation costs, and administration expenses. Payments are pro-rata, so individual payout amounts will vary based on:
- Total number of approved claims
- Estimated purchase volume reported by claimants
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FAQ Section
Who is eligible for the Overcharged for Beef settlement?
Consumers who indirectly purchased qualifying beef products for personal use in eligible states between August 1, 2014 and December 31, 2019 may qualify.
What does “indirect purchase” mean?
It means you bought beef from a grocery store or retailer, not directly from a beef producer.
Do I need proof of purchase?
No proof is required to submit a claim, though accurate purchase estimates are required.
How much money will I receive?
Payments are pro-rata. Exact amounts are unknown and depend on total approved claims.
How will I get paid?
Payments are expected to be issued by check or other methods selected on the claim form.
What happens if I don’t file a claim?
You will not receive payment and will give up the right to sue settling defendants for these claims.
