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Violation Tracker Individual Record

Company: Smithfield Foods Inc.
Current Parent CompanyWH Group
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $77,364,300
Year: 2022
Date: January 31, 2022
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Smithfield agreed to pay more than $77 million to a group of direct purchasers in a class action suit regarding an alleged industry scheme to inflate pork prices.
Level of Government: federal
Action Type: private litigation
Court: District of Minnesota
Civil or Criminal Case: civil
Case ID: 0:18cv1776 MDL 2998
Case Name: In Re Pork Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: China
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: food products
Specific Industry of Current Parent: meatpacking
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.