šŸ„“ First chicken, now pork?

The alleged price fixing continuesā€¦ the Pork Antitrust Litigationā€™s $75M settlement

Good afternoon. They came after chicken first, are we really surprised that pork was on their menu too? If you were with us two weeks ago, you saw that you may have been overcharged for raw chicken - well, theyā€™ve come for your pork chops and bacon too. This alleged collusion slathered itself up in the mud puddles of the pork industry. Letā€™s dig in.

In Todayā€™s Newsletter:

šŸ· Price fixing on Piglet? Big Porkā€™s turn to pay up in a $75M settlementā€¦ 
šŸ“šļø What else weā€™re checking out: Weā€™ve got some recs for you.
šŸ—ƒļø Case Docket: Big settlements like Verizon Admin Fee, Chicken & Pork price fixing and Visa Mastercard are all live ā€“ file now before their gone! 
šŸ—žļø What else? See what else is locked ā€˜n loaded and what needs a minute to freshen up. 

SETTLEMENT SPOTLIGHT
šŸ„“ ā€˜Big Porkā€™ Has Fallen Short

Now theyā€™re settling allegations of overcharging us for yearsā€¦
Source: Giphy

šŸ” Does it feel like we are in a loop here? 
First they came after chicken, and now theyā€™ve come for pork? Yes to both. 'Big Pork' is paying back $75 million to customers who purchased fresh or frozen raw pork products. In case you missed it, check out our chicken settlement newsletter. Now back to pork:

Whoā€™s in the 'Big Pork' lineup? Clemens Foods (Food Group, Family Corporation, Hatfield Quality Meats); Hormel Foods Corporation; JBS Foods; Seaboard Foods; Smithfield Foods; Triumph Foods; Tyson (Foods, Prepared Foods and Fresh Meats Inc.); and Agri Stats, Inc.

What Happened? 
The plaintiffs allege that Defendants and their co-conspirators conspired and combined to fix, raise, maintain, and stabilize the price of Pork products with the intent and expected result of increasing prices of Pork products in the US, violating federal and state consumer and antitrust laws.

What does that meanā€¦in English, please?
It means that these big pork producers 'allegedly' attempted to charge you more by working together (i.e., against capitalismā€¦) but got caught messaging each other what they all should chargeā€¦ yikes. So if you qualify, you could be eligible for your share of the $75 million settlement! Check out the criteria below to see if you fit the bill.

Class Member Criteria
šŸ– You bought fresh or frozen raw pork for personal consumption.
šŸ“ You purchased in the select locations listed below.
šŸ—“ļø Those purchases were between Jun 28, 2014 to June 30, 2018.
šŸ§¾ No proof of purchase is necessary but the administrator may ask for additional information or documentation later. 

ā€“šŸ“ FINE PRINT šŸ“ā€“
Includes the following types of raw pork, whether fresh or frozen: raw pork bacon, bellies, loins, shoulder, ribs, or pork chops.
Excludes any product marketed as organic, no-antibiotics ever (NAE), and any product other than bacon that is marinated, seasoned, flavored, or breaded.
Locations: Arizona, California, District of Columbia, Florida, Hawaii, Illinois, Iowa, Kansas, Maine, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Rhode Island, South Carolina, Tennessee, Utah, and West Virginia.
PLEASE NOTE: Purchasers in Kansas, Tennessee or South Carolina, the class period is starts June 28, 2015 (NOT June 28, 2014). 

Did I have to buy from ONLY the named companies? 
Short answer: No. Long answer: The court has approved settlements between the plaintiffs and certain defendants (JBS and Smithfield), but the case continues against those who haven't settled (referred to as "Non-Settling Defendants"). If you're part of the Certified Class, you may receive further updates on the litigation's progress and any outcomes involving the Non-Settling Defendants.

Weā€™re here to keep you in the loop. CAC will be sure to keep you posted as this progresses. 

āš ļø Reminder
Just like in the chicken case, if you donā€™t qualify (like the only pork chop in your house is a 5-year-old french bulldogā€¦), DONā€™T submit a claim. Remember, this is the legal system weā€™re dealing with after all (e.g., perjury existsā€¦). Plus, donā€™t ruin it for the rest of us. No worries, weā€™ll hit you on the next one!

Now What? 
Take less than 5 minutes to file your claim with us! The deadline to file your claim is April 2, 2024. Hit the button below to file with CACā€™s 1-step claim filing agreement or follow the link to learn moreā€¦ learn more.

WEā€™VE GOT RECS
šŸ“šļø What Else Weā€™re Checking Out  

No Mercy / No MaliceEvery Friday, bestselling author and NYU Stern Professor Scott Galloway shares his take on the digital economy offering a unique blend of personal narrative and provocative business insights.
Market BriefingThe briefing Wall Street & C-Suites are reading.
Taylor's OfferShop your favorite brands at 75% off!

CASE DOCKET
šŸ—žļø What Else is Going On?

Interested in checking out more cases? Click on any of these below or check out our website for our full list of open settlements.

Me whenever a new action movie comes out (i.e., ready to rock ā€˜n roll!)
šŸ’³ Visa & Mastercard ($5.54 billion settlement) Accept Visa or Mastercard branded debit or credit card swipes? You may have been overcharged card swiping feesā€¦
šŸ“µ Verizon Wireless ($100 million settlement) Pay Verizon Wireless for cellular or data? They may have been charging you extra ā€œadministrative feesā€ every monthā€¦
šŸ— Buy Raw Chicken? ($181 million settlement) Purchase fresh or frozen raw chicken? You may have been overcharged for years by some of the biggest names in the chicken gameā€¦
šŸ„“ Buy Raw Pork? ($181 million settlement) Purchase fresh or frozen raw pork products? You may have been overcharged for years by some of the biggest names in the bacon gameā€¦

ā€œAlmostā€ is only for hand grenades and horseshoes (i.e., not ready!) 
šŸ›©ļø Fly Recently? ($60 Million - so farā€¦) Take a flight on American, Delta, Southwest or United? You may have been overcharged for your flights over the years...
šŸ” Search in Incognito? (~$5 Billion) Google may have tracked your (and millions of other Americans) data while you were browsing privately...

THURSDAY THROWDOWN
šŸ“ˆ CACā€™s weekly rec list to help fuel your growth! 

Tools We Use Ourselves:
šŸ“° Aspiring newsletter writers: try beehiiv, the newsletter platform built for growth
šŸ—žļø Already a newsletter author? Get paid for referrals with Spark Loop.

One Click and Done (aka subscribe instantly!):
ā˜•ļø One of best daily business newsletters to go with you coffee? We think so! Check out Morning Brew.
 šŸ›« Flyover their bias, arrive at your news with The Flyover, lands in your inbox weekdays.
šŸ˜† Want a laugh? Check out The Town Crierā€™s satire every Sunday.
šŸŖ Need that nudge to launch your startup? Check out Half Baked, the free newsletter that gives you 2 startup ideas delivered fresh 3 times per week.
šŸ“ˆ Check out Market Briefing for a C-Suite level morning market update.

šŸ„” Thursday Takeaways
Do these things to go forth an prosper šŸ–– 

šŸ“ 1) File your Pork Claim ā€“ deadline is April 2nd!
šŸ’Œ 2) Share this newsletter to your friends, family, or even mortal enemies ā€“ see the referral link below!
šŸ“§ 3) Have direct feedback? Reply directly to this email to let us know
šŸ§ 4) Questions? Send them our way to answer in this very newsletter.
ā˜•ļø 5) Nothing fuels a newsletter like coffeeā€¦ lots and lots of coffeeā€¦ If you wanna spread the love, buy us a coffee here!

LET US KNOW YOUR THOUGHTS
šŸ«µ Whatā€™d You Think of the Newsletter?

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šŸ‘Øā€šŸ‘©ā€šŸ‘§ā€šŸ‘¦ Got friends, family, or even enemies you think would like this? Help us grow and forward or refer it their way. We appreciate you getting connected.

ā€“ā€“ā€“ā€“ šŸ“ FINE PRINT šŸ–Ø ā€“ā€“ā€“ā€“

Weā€™re all trying our best to be smart people and make responsible choices here. Nothing in this newsletter is legal or financial advice and content is created for informational and educational purposes only. If you are looking for legal and/or financial advice, help yourself out and hire a professional. We appreciate you checking out our newsletter and look forward to bringing more exciting (and dollar filled) settlement opportunities to your inbox! šŸ¤žšŸ¤žšŸ¤ž

PLEASE NOTE: You do not have to use a third party like CAC and can always file a claim on your own. If you are a settlement class member, you must complete and submit a valid Claim Form in order to receive a payment. You may request a Claim Form by calling the Settlement Administrator or visiting their website for that particular case. Happy filing!

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