This class action is called In re Pork Antitrust Litigation (Commercial and Institutional Indirect Purchaser Actions), Case No. 0:18-cv-01776, and is pending in the United States District Court for the District of Minnesota. United States District Court Judge John R. Tunheim is overseeing this class action. Commercial and Institutional Indirect Purchaser Plaintiffs allege that Defendants and their co-conspirators conspired and combined to fix, raise, maintain, and stabilize the price of Pork products, from at least January 1, 2009, with the intent and expected result of increasing prices of Pork products in the United States, in violation of federal antitrust laws and various state antitrust, consumer protection and unfair trade practices, and unjust enrichment laws.

The Defendants and co-conspirators named in the Commercial and Institutional Indirect Purchaser Plaintiffs’ Fourth Amended and Consolidated Class Action Complaint are producers of Pork products in the United States and a company that provides benchmarking reports in certain agricultural industries. In the Notice, “Defendants” refers to JBS USA Food Company, Clemens Food Group, LLC, The Clemens Family Corporation, Hormel Foods Corporation, Hormel Foods, LLC, Seaboard Foods LLC, Seaboard Corporation, Smithfield Foods, Inc., Triumph Foods, LLC, Tyson Foods, Inc., Tyson Prepared Foods, Inc., Tyson Fresh Meats, Inc., and Agri Stats, Inc. and “Settling Defendants” refers to “Agri Stats” and “Triumph”—that is, collectively, Agri Stats, Inc., Triumph, LLC, and related or affiliated entities.

Commercial and Institutional Indirect Purchaser Plaintiffs have reached these Settlements with Settling Defendants (and prior settlements with JBS, Smithfield, Seaboard, Hormel, Clemens, and Tyson).

Settling Defendants deny all allegations of wrongdoing in this lawsuit and would allege numerous defenses to Plaintiffs’ legal claims if the lawsuit against it were to proceed.

In a class action lawsuit, one or more people or businesses called class representatives sue on behalf of others who have similar legal claims, all of whom together are a “class.” Individual class members do not have to file a lawsuit to participate in the class action settlement or be bound by the judgment in the class action. One court resolves the issues for everyone in the class, except for those who have excluded themselves from the class.

The Court did not decide in favor of Commercial and Institutional Indirect Purchaser Plaintiffs or Settling Defendants. Commercial and Institutional Indirect Purchaser Plaintiffs believe they may have won at trial and possibly obtained a greater recovery. Settling Defendants believe the Commercial and Institutional Indirect Purchaser Plaintiffs may not have succeeded at a trial. But a lawsuit involves risks to both sides, and therefore Commercial and Institutional Indirect Purchaser Plaintiffs and Settling Defendants have agreed to the Settlements. The Agri Stats Settlement requires Agri Stats to provide certain non-monetary relief in the form of a declaration from a records custodian addressing the factual predicates for authentication of documents that the Commercial and Institutional Indirect Purchaser Plaintiffs include in an exhibit list for trial. Agri Stats is not required to pay money. The Triumph Settlement requires Triumph to pay money, as well as to provide certain non-monetary relief in the form of a declaration from a records custodian addressing the factual predicates for authentication of documents that the Commercial and Institutional Indirect Purchaser Plaintiffs include in an exhibit list for trial. Commercial and Institutional Indirect Purchaser Plaintiffs and their attorneys believe the Settlements are in the best interests of all Settlement Class members.

You may have received other communications regarding this lawsuit, including solicitations by other attorneys seeking to represent you as a plaintiff in an individual (or “direct action”) lawsuit against Defendants. These communications were not approved by the Court and did not come from Court-appointed Settlement Class Counsel. You should carefully review the Notice and your rights as a potential member of the Settlement Class.

The Court decided that, for settlement purposes, members of the Settlement Classes are defined as:

All Settlement Class members are members of the nationwide Injunctive Class. Only Settlement Class members in the following jurisdictions (“Repealer Jurisdictions”) are eligible to potentially recover money from the settlement funds available in the Damages Class: Arkansas, Arizona, California, District of Columbia, Florida, Illinois, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, West Virginia and/or Wisconsin. The class period for Kansas, Massachusetts, Mississippi, South Carolina, and Tennessee class members begins June 28, 2015.

While these Settlements are only with Agri Stats and Triumph at this time, the Settlement Classes include purchasers of Pork products (as defined in the Settlement Agreements) from any of the Defendants or their co-conspirators. If you are a member of the Damages Class, you may be eligible to participate in any additional settlement which has or may arise with any other Defendants in the lawsuit.

For purposes of the Settlement, “Pork” means porcine or swine products processed, produced or sold by Triumph, or by any of the Defendants or their co-conspirators: uncooked pork bacon, or one or more of the following types of raw pork, whether fresh or frozen: loins, shoulder, ribs, hams, or pork chops. “Pork” excludes any product that is marketed as organic and/or no-antibiotics ever and any product other than bacon that is marinated, seasoned, flavored, or breaded, but it includes uncooked and cooked ham water added products.

Yes. Specifically excluded from the Settlement Classes are Natural persons who purchased pork for their personal use and not for commercial food preparation (End-User Consumers); purchases of pork directly from Defendants; purchases of pork for resale in unaltered form; purchases of pork from an intermediary who has further processed the pork; the Defendants; the officers, directors or employees of any Defendant; any entity in which any Defendant has a controlling interest; and any affiliate, legal representative, heir or assign of any Defendant; any federal, state or local governmental entities, any judicial officer presiding over this action and the members of his/her immediate family and judicial officer presiding over this action and the members of his/her immediate family and judicial staff, any juror assigned to this action; and any coconspirator identified in this action. If you are in one of these categories, you are not a member of the Settlement Classes and not eligible to participate in the Settlement.

If you are still not sure if you are included, please review the detailed information contained in the Settlement Agreement, available at www.PorkCommercialCase.com, or call the Settlement Administrator toll-free at 1-855-867-0738.

If the Settlement is approved, Agri Stats has agreed to certain non-monetary relief to resolve all Settlement Class members’ legal claims against Agri Stats for the Released Claims (as defined in the Settlement Agreement). The Settlement Agreement is available at www.PorkCommercialCase.com.

There are no monetary benefits in the Agri Stats Settlement Agreement.

If the Settlement is approved, Triumph will pay $700,000 to resolve all Settlement Class members’ legal claims against Triumph for the Released Claims (as defined in the Settlement Agreement). In addition to this monetary benefit, Triumph has also agreed to certain non-monetary relief and to provide specified cooperation in the Commercial and Institutional Indirect Purchaser Plaintiffs’ continued pursuit of the lawsuit. The Settlement Agreement is available at www.PorkCommercialCase.com.

No money will be distributed at this time. Settlement Class Counsel will continue to pursue the lawsuit against the other Defendants. Settlement Class Counsel will request that the Court award attorneys’ fees and the reimbursement of certain litigation costs and expenses and service payments. See FAQ 18 for more information regarding Settlement Class Counsel’s attorneys’ fees, costs, expenses, and class representative service payments. All Settlement funds that remain after payment of the Court ordered attorneys’ fees, costs, expenses, and service payments will be distributed at the conclusion of the lawsuit or as ordered by the Court. You will be notified later, when there is an opportunity to submit a Claim Form to receive a payment.

You cannot sue, continue to sue, or be part of any other lawsuit against the Settling Defendants that pertains to the Released Claims (as defined in the Settlement Agreement).

It also means that all of the Court’s orders will apply to you and legally bind you. The Agri Stats Released Claims are detailed in Paragraph 11-12 of the Agri Stats Settlement Agreement. The Triumph Released Claims are detailed in Paragraph 13-14 of the Triumph Settlement Agreement. The Settlement Agreements are here.

You are not releasing your legal claims against any Defendant other than Settling Defendants.

The Agri Stats Settlement Agreement in paragraphs 11-12 and the Triumph Settlement Agreement in paragraphs 13-14 describe the “Released Claims” and the “Released Parties” in necessary legal terminology, so read these sections carefully. The Settlement Agreements are available at www.PorkCommercialCase.com or in the public court records on file in this lawsuit. For questions regarding the Releases or what they mean, you can also contact one of the lawyers listed in FAQ 17 for free, or you can talk to your own lawyer at your own expense.

You do not need to do anything now. You may participate in the Triumph Settlement if you are in a Repealer Jurisdiction and submit a timely and valid Claim Form, if required, when that option is available at a later date. There are no monetary benefits in the Agri Stats Settlement Agreement.

Objecting is telling the Court that you do not like something about the Settlements. If you are a member of the Settlement Classes and have not previously excluded yourself from the Settlement Classes, you can object to the Agri Stats and/or Triumph Settlements, if you do not like part or all of them. The Court will consider your views.

To object, you must send a letter or other written statement saying that you object to the Agri Stats and/or Triumph Settlements in In re Pork Antitrust Litigation (Commercial and Institutional Indirect Purchaser Actions) and the reasons why you object. Be sure to include your full name, current mailing address, and email address. Your objection must be signed. You may include or attach any documents that you would like the Court to consider. Do not send your written objection to the Court or the judge. Instead, mail the objection to the Settlement Administrator, Settlement Class Counsel, and counsel for Agri Stats and/or Triumph at the addresses listed below. Your objection must be postmarked by September 25, 2026.

No, if you previously excluded yourself from the Settlement Class you cannot object to the Agri Stats and/or Triumph Settlements because the Settlements no longer affect you. You can object only if you have not previously excluded yourself from the Settlement Class.

Yes, the Court has appointed Larson · King LLP and Cuneo Gilbert & LaDuca, LLP as Settlement Class Counsel for the Settlement Classes. If you wish to remain a member of the Settlement Classes, you do not need to hire your own lawyer because Settlement Class Counsel is working on your behalf. If you wish to pursue your own lawsuit separate from this one, these lawyers will no longer represent you.

Settlement Class Counsel will ask the Court for attorneys’ fees based on their services in this lawsuit not to exceed one-third of the Triumph Settlement Fund. Settlement Class Counsel will also request that the Court reimburse them for litigation expenses, and award each class representative a service payment of $5,000.00. Any payment to the attorneys or class representatives will be subject to Court approval, and the Court may award less than the requested amount. The attorneys’ fees, costs, expenses, and service payments that the Court orders, plus the costs to administer the Settlement, will come out of the Triumph Settlement Fund. Agri Stats is not required to pay attorneys’ fees, expenses or service payments to the class representatives.

When Settlement Class Counsel’s motion for fees, costs, expenses, and service payments is filed, it will be available on the Documents page. The motion will be posted on the website before the deadline for objecting to the Settlement. You will have an opportunity to object to this request.

The Court will hold a hearing to decide whether to approve the Settlement (the “Fairness Hearing”). You may attend and you may ask to speak, but you do not have to. Please check Settlement website for the time and date of the Final Fairness Hearing. At this hearing, the Court will consider whether the Settlement is fair, reasonable, and adequate. If there are objections, the Court will consider them. The Court may listen to Settlement Class members who have asked to speak at the hearing. After the hearing, the Court will decide whether to approve the Settlement. We do not know how long these decisions will take.

The Court may also move the Fairness Hearing to a later date without providing additional notice to the Settlement Class members. Updates will be posted to the Settlement website regarding any changes to the hearing date.

No. Settlement Class Counsel will answer any questions the Court may have. However, you are welcome to come at your own expense. If you send an objection, you do not have to come to Court to talk about it. As long as you mailed your written objection on time, the Court will consider it. You may also pay your own lawyer to attend, but it’s not necessary.

Yes. You may ask to speak at the Fairness Hearing. To do so, you must send a letter saying that it is your “Notice of Intention to Appear in In re Pork Antitrust Litigation (Commercial and Institutional Indirect Purchaser Actions).” Be sure to include your name, current mailing address, telephone number, and signature. Your Notice of Intention to Appear must be postmarked by September 25, 2026, and it must be sent to the Clerk of the Court, Settlement Class Counsel, and counsel for Agri Stats and/or Triumph. The address for the Clerk of the Court is: 300 South Fourth Street, Courtroom 14E, Minneapolis, MN 55415. The addresses for Settlement Class Counsel and counsel for Agri Stats and Triumph are provided above. You cannot ask to speak at the hearing if you excluded yourself from the Settlement’s Damages Class.

The Notice summarizes the proposed Settlement. More details are in the Settlement Agreement. You can find a copy of the Settlement Agreement, other relevant documents, and information about the current status of the lawsuit on the Documents page. You may contact the Settlement Administrator at info@PorkCommercialCase.com or toll-free at 1-855-867-0738.