JBS indirect purchaser pork prices Class Action reviews

Did You Receive a Notice from JBS? Participate in the Class Action Settlement!

Introduction

If you recently received a notice from JBS, a renowned pork producer, regarding a class action settlement to resolve claims about indirect purchaser pork prices, this blog post is for you. We will provide you with all the necessary information to confirm the authenticity of the notice and guide you through the process of participating in the settlement.

Understanding the JBS Indirect Purchaser Pork Prices $20M Class Action Settlement

The class action settlement involves a lawsuit against JBS, known as the In re: Pork Antitrust Litigation, Case No. 0:18-cv-01776-JRT-HB, in the U.S. District Court District of Minnesota. It aims to resolve claims that JBS overcharged for pork products, benefiting indirect purchasers of pork in the United States.

Background of the Lawsuit

According to the plaintiffs’ class action lawsuit, JBS and other defendants allegedly colluded to fix, raise, maintain, and stabilize pork prices in the United States. This collusion is claimed to have violated federal and state laws, resulting in consumers being overcharged for pork products.

Indirect purchasers, in this case, refer to those who bought pork products from someone other than JBS or their alleged co-conspirators, such as retailers or wholesalers. The court has not yet made a ruling in favor of either side, but both parties have agreed to the settlement.

Eligibility and Jurisdiction

All class members are part of the nationwide Class. However, to be eligible for a payment under the settlement, you must reside in one of the following jurisdictions: Arizona, California, the District of Columbia, Florida, Hawaii, Illinois, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Rhode Island, South Carolina, Tennessee, Utah, Virginia, or West Virginia.

Participating in the Settlement

To participate in the settlement, you must submit your claim form no later than June 30, 2023. The deadline to opt out of or object to the settlement was Oct. 20, 2021. Please ensure you adhere to these deadlines to have your claim considered.

To submit your claim form, visit the settlement website at OverChargedForPork.com. The website provides detailed instructions and information on how to fill out the form accurately. While proof of purchase is not necessary to make a claim, the settlement administrator may request additional information or documentation to support your claim.

Settlement Amount and Payment Details

The specific payment amount for each class member is not yet determined. The settlement funds total $20 million, but the final payment to individual claimants will depend on various factors, including the number of valid claims filed. Any approved attorney’s fees and other costs will be deducted from the settlement fund.

Once the court approves the settlement and all administrative processes are completed, eligible class members will receive their payments. The exact timeline for payment distribution will be determined by the court and communicated to the class members.

Important Considerations

As you submit your claim, it is essential to understand that you are doing so under penalty of perjury. Submitting a fraudulent claim not only harms other eligible class members but also subjects you to legal consequences. Therefore, ensure that all information provided is accurate and truthful.

If you have any objections or concerns about the settlement, you had the opportunity to opt out or object before the specified deadline. If you opted out, you will not be eligible for any benefits under the settlement. If you objected, your objection will be considered by the court during the fairness hearing.

Fairness Hearing and Final Approval

A fairness hearing for the JBS pork prices settlement is scheduled for Dec. 10, 2021. During this hearing, the court will review the settlement terms, consider any objections, and determine whether to grant final approval. The court’s decision will be based on the fairness and adequacy of the settlement for the class members.

If the settlement receives final approval from the court, it will be binding on all class members who did not opt out. At that point, eligible class members will receive their payments based on the approved distribution plan.

Conclusion

If you received a notice from JBS regarding the class action settlement for indirect purchaser pork prices, you have the opportunity to participate in the resolution of this lawsuit. By submitting your claim form and adhering to the deadlines, you can potentially receive compensation for overcharged pork purchases. Make sure to provide accurate information and be aware of the legal implications of submitting a fraudulent claim.

The fairness hearing on Dec. 10, 2021, will determine the final approval of the settlement. Stay updated on the proceedings and await further instructions regarding payment distribution.

Summary

Did you receive a notice from JBS? Did you receive a mail about a class action on the settlement to resolve claims about the JBS indirect purchaser pork prices $20M lawsuit? This review will help you partake in the class action settlement after confirming the authenticity of the mail.

The JBS indirect purchaser pork prices $20M class action settlement is a nationwide class that resolves claims against JBS USA Pork, a major pork producer. The settlement is part of the In re: Pork Antitrust Litigation, Case No. 0:18-cv-01776-JRT-HB, in the U.S. District Court District of Minnesota.

In this class action, the plaintiffs alleged that JBS and other defendants engaged in collusion to fix, raise, maintain, and stabilize the price of pork products in the United States, resulting in consumers being overcharged for pork. The claims involved violations of federal and state laws. Indirect purchasers, who bought pork products from someone other than JBS or their alleged co-conspirators, are eligible to participate in the settlement.

To be eligible for a payment under the settlement, you must reside in one of the specified jurisdictions, which include Arizona, California, the District of Columbia, Florida, Hawaii, Illinois, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Rhode Island, South Carolina, Tennessee, Utah, Virginia, or West Virginia.

If you meet the eligibility criteria, you can participate in the settlement by submitting your claim form. The deadline for submitting the claim form is June 30, 2023. It is important to adhere to this deadline to ensure your claim is considered. While proof of purchase is not required, the settlement administrator may request additional information or documentation to support your claim.

The specific payment amount for each class member has not been determined yet. The settlement fund totals $20 million, but the final payment to individual claimants will depend on various factors, including the number of valid claims filed. Any approved attorney’s fees and other costs will be deducted from the settlement fund.

It is crucial to understand that by submitting your claim, you are doing so under penalty of perjury. It is important to provide accurate and truthful information in your claim form. Submitting a fraudulent claim not only harms other eligible class members but also subjects you to legal consequences.

If you have any objections or concerns about the settlement, you had the opportunity to opt out or object before the specified deadline. If you opted out, you will not be eligible for any benefits under the settlement. If you objected, your objection will be considered by the court during the fairness hearing.

A fairness hearing for the JBS pork prices settlement is scheduled for Dec. 10, 2021. During this hearing, the court will review the settlement terms, consider any objections, and determine whether to grant final approval. The court’s decision will be based on the fairness and adequacy of the settlement for the class members.

If the settlement receives final approval from the court, it will be binding on all class members who did not opt out. At that point, eligible class members will receive their payments based on the approved distribution plan.

If you received a notice from JBS regarding the class action settlement for indirect purchaser pork prices, you have the opportunity to participate in the resolution of this lawsuit. By submitting your claim form and adhering to the deadlines, you can potentially receive compensation for overcharged pork purchases. Make sure to provide accurate information and be aware of the legal implications of submitting a fraudulent claim.

Stay updated on the proceedings and await further instructions regarding payment distribution. It is important to note that the settlement process can take time, and the exact timeline for payment distribution will depend on various factors. Keep track of any communications from the settlement administrator or class counsel regarding the settlement progress.

Participating in a class action settlement allows you to assert your rights as a consumer and seek redress for any harm you may have suffered. The resolution of this lawsuit aims to provide compensation to eligible class members and hold the defendants accountable for their alleged actions.

If you have any questions or need further information about the settlement, you can refer to the notice you received or contact the settlement administrator. They will be able to assist you with any inquiries related to the settlement process.

Remember, it is essential to review and understand the terms of the settlement and follow the instructions provided to ensure your claim is properly considered.