“Farmers Strike $40M Deal With DairyAmerica Over Milk Pricing,” Bloomberg Law
May 09, 2019
Complaint alleged fraudulently modified data
An association of dairy cooperatives will pay $40 million to settle dairy farmers’ claims that it provided data to the USDA that depressed raw milk prices.
The Eastern District of California approved a class action settlement between milk-marketing association DairyAmerica Inc., member California Dairies Inc., and 26,000 dairy farmers.
The four named plaintiffs will each receive $90,000, and four former named plaintiffs will receive $10,000 under the agreement approved by the court.
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Counsel for the plaintiffs include Cohen Milstein Sellers & Toll PLLC, Keller Rohrback LLP, and Berman Tabacco. Counsel for Dairy America include Davis Wright Tremaine LLP, DLA Piper LLP, and Manock Law. Hanson Bridgett LLP represents California Dairies Inc.