Five different chicken companies face a class action suit from five farmers in as many states claiming that the companies’ systems treated them like indentured servants. Tyson Foods, Pilgrim’s Pride, Perdue Farms, Koch Foods and Sanderson Farms are all accused of fixing compensation for farmers, some of whom are tens of thousands of dollars in debt, according to the Associated Press. While the …
A group of U.S. chicken farmers sued the country’s biggest poultry processors, including Tyson Foods Inc, for allegedly conspiring to depress their pay, the latest accusation of improper collusion in the sector. Tyson, Pilgrim’s Pride Co, Sanderson Farms Inc and other companies illegally agreed to share detailed data on grower pay with one another to keep …
Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Tyson Foods, Inc. (“Tyson” or the “Company”) (NYSE:TSN) and certain of its officers, on behalf of shareholders who purchased Tyson securities from November 23, 2015 and October 7, 2016, inclusive (the “Class Period”). This class action seeks …
Law firm Pomerantz LLP has announced that a class action lawsuit has been filed against Tyson Foods, Inc. and certain of its officers. The class action, filed in United States District Court, Southern District of New York, is on behalf of investors who acquired Tyson securities between November 23, 2015 and October 6, 2016. This class action seeks to recover damages against Defendants for …
The shareholder class action complaint alleges that Tyson and certain of its executive officers made a series of false and misleading statements and/or failed to disclose material adverse information to investors during the Class Period, including the following: (i) Tyson systematically colluded with several of its industry peers to fix prices in the broiler-chicken market; (ii) the foregoing conduct constituted a violation of federal antitrust laws; and (iii) consequently, Tyson’s Chicken segment revenues during the class period were the result of illegal conduct. The complaint further alleges that, as a result of the foregoing, Tyson’s public statements during the Class Period to investors were …
Goldberg Law PC (the “Firm”) announces a class action lawsuit has been filed against Tyson Foods, Inc. (“Tyson Foods” or the “Company”) (NYSE: TSN). Investors who purchased or otherwise acquired shares between November 23, 2015 and October 7, 2016 (the “Class Period”), are encouraged to contact the Firm in advance of the December 16, 2016 lead plaintiff motion …
Pomerantz LLP announces that a class action lawsuit has been filed against Tyson Foods, Inc. (“Tyson” or the “Company”) (NYSE: TSN ) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 16-cv-08108, is on behalf of a class consisting of all persons or entities who …
A new class-action lawsuit has unveiled an eight-year-long antitrust, price-fixing scheme brought by major food conglomerates, including Tyson and Perdue Farms, alleging they killed hens, flocks and destroyed eggs to limit production and raise the price of 98 percent of the chicken sold in the U.S. by nearly 50 percent, according to Hagens Berman. The suit calls the …
Tyson Foods has asked for a new trial in a case in which workers at its Storm Lake pork plant were awarded $5.8 million. In a brief filed last week in U.S. District Court in Sioux City, Tyson lawyers said a new trial is needed to address both liability and damages issues. The food company said a new trial would help determine which of the workers included in the class action …
It’s been nearly five years since the Supreme Court decided, inWal-Mart Stores, Inc. v. Dukes, that the claims of large groups of employees that involve differing calculations of damages must be litigated as individual claims, and not as a class action. At the time, and since, may pundits declared the wage-and-hour class action lawsuit dead (or at least with one foot squarely in the grave). …