Smithfield Foods to pay $75 mln in pork price-fixing settlement

Smithfield Foods to pay $75 mln in pork price-fixing settlement

Smithfield Foods Inc has agreed to pay $75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply. A preliminary settlement was filed on Tuesday night with the federal court in Minneapolis…

Apex Frozen Foods hits 20% upper circuit, rises 46% in a week post Q4 nos

Apex Frozen Foods hits 20% upper circuit, rises 46% in a week post Q4 nos

Apex Frozen Foods’ Q4FY21 sales volume grew by around 30 per cent YoY on the back of easing of the transport situation