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home / articles / TSN - Meat Processors Like Hormel Under Fire With Antirust Claims For Alleged Wage-Fixing | Benzinga


TSN - Meat Processors Like Hormel Under Fire With Antirust Claims For Alleged Wage-Fixing | Benzinga

Prominent meat processing corporations, namely Hormel (NYSE: HRL), National Beef and Smithfield, find themselves in a tight spot as a federal judge in Colorado permits a class action to proceed.

The lawsuit alleges that these companies colluded to depress workers' remuneration.

In a detailed decision spanning 44 pages, Chief U.S. District Judge Philip Brimmer opined that the workers from the red meat processing plants presented sufficient preliminary evidence supporting their claims of wage manipulation, reported Reuters.

Despite the arguments put forth by beef and pork processing companies that the workers failed to provide direct or circumstantial ...

Full story available on Benzinga.com

Stock Information

Company Name: Tyson Foods Inc.
Stock Symbol: TSN
Market: NYSE
Website: tyson.com

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