A Settlement has been reached in a class action antitrust lawsuit filed on behalf of Commercial and Institutional Indirect Purchaser Plaintiffs with Tyson Foods, Inc., Tyson Fresh Meats, Inc., Tyson Prepared Foods, Inc., and related or affiliated entities (“Tyson” or “Settling Defendant”). This Settlement only applies to Tyson and does not dismiss the legal claims against other Defendants in the lawsuit entitled In re Cattle and Beef Antitrust Litigation (Commercial and Institutional Indirect Purchaser Plaintiff Action), Case No. 22-md-3031 (D. Minn.).

If approved by the Court, the Settlement will resolve a lawsuit alleging that Tyson participated in a conspiracy – with other Defendants in this lawsuit and unnamed co-conspirators – from at least January 1, 2015, through May 6, 2026, to limit the supply, and fix the prices, of Beef sold to members of the Settlement Class in the United States in violation of federal and state laws. If approved, the Settlement will avoid litigation costs and risks to Commercial and Institutional Indirect Purchaser Plaintiffs and Tyson and will release Tyson from liability to members of the Settlement Class.

The Settlement requires Tyson to pay $47,000,000. There will be no payments to the Settlement Class at this time. You will be notified later of an opportunity to file a Claim Form.

In 2023, notice was provided regarding a settlement with Defendants JBS USA Food Company, Swift Beef Company, JBS Packerland, Inc., JBS S.A., and related or affiliated entities (“JBS”). This Notice is for the Tyson Settlement, a new settlement within the same lawsuit. You may be a member of the Settlement Class.

The Court has not decided whether Tyson did anything wrong, and Tyson denies any wrongdoing, and continues to deny the allegations in the Commercial and Institutional Indirect Purchaser Plaintiffs’ complaint. Your legal rights are affected whether you act or do not act. Please read this website and the notice carefully.

Your Legal Rights and Options in This Lawsuit

Legal Rights:		Deadline:
Exclude Yourself	Get no monetary distribution which may happen later, but keep any right to file your own lawsuit or be part of any other lawsuit against Tyson regarding the Released Claims (as defined in the Settlement Agreement).	Postmarked by: August 10, 2026
Object	Write to the Court and explain why you don’t like the settlement.	Postmarked by: August 10, 2026
Attend a Hearing	Ask to speak to the Court about the fairness of the Settlement.	Notice of Appearance: August 10, 2026
Do Nothing	You will remain part of the Settlement, and you may be eligible to participate in any monetary distribution, which may happen later. The Settlement will resolve your legal claims against Tyson, and you will give up your rights to sue Tyson about the Released Claims. You will be bound by the judgment.

These rights and options—and the deadlines to exercise them—are explained further on the FAQ page.