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Home / Opinion Digests / Business Law / Peanut firms to pay $57M to settle price fixing case (access required)

Peanut firms to pay $57M to settle price fixing case (access required)

Two peanut processors sued for depressing the price for runner peanuts will pay over $57.75 million to resolve claims brought by a class of peanut farmers after the court found the class-action settlement was adequate, conducted at arms-length and equitable. Background Plaintiffs are a group of peanut farmers who sell raw, harvested runner peanuts to the defendants ...