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Peanut Farmers Antitrust Litigation Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

This settlement resolves a portion of a combined antitrust litigation alleging that peanut shellers conspired to pay peanut farmers depressed prices for their raw runner peanuts in order to keep prices low. Shellers buy from farmers, then process the peanuts and sell them onward to makers of products like candy and peanut butter. Previously, defendants Olam Peanut Shelling Company, Inc. and Birdsong Corporation reached settlements with the plaintiffs; now defendant Golden Peanut Company, LLC has also agreed to settle. The complaints alleged that the companies had violated the Sherman Act.

Docket Number:

2:19-cv-00463

Company: Golden Peanut Company, LLC

Filing Deadline: July 13, 2021

Class Period: January 1, 2014 to December 31, 2019

Objection Deadline: July 13, 2021

Final Approval Hearing: July 26, 2021

Proof of Purchase:

If you accept the sales amounts set forth in the Claim Form mailed to you, you do not need proof in order to submit the Claim Form. If you wish to dispute the amount, you must complete a Sales Audit Form and provide supporting documentation.

Eligibility:

You may be eligible if you are a person or entity in the US who sold raw, harvested runner peanuts to any of the defendants in this case (Olam, Birdsong, or Golden Peanut) or their subsidiaries or joint ventures, between January 1, 2014 and December 31, 2019.

Typical Settlement Amount:

The net settlement fund will be distributed according to a plan of allocation, depending on the figures on peanuts sold by each class member.

Total Settlement Amount: $102,750,000 from all defendants

Class Representative Proposed Incentive Fee:

Unknown

Law Firms:
Freed Kanner London & Millen LLC
Lockridge Grindal Nauen

Claim Form: Peanut Farmers Antitrust Litigation Settlement Claim Form

Case Name: In Re Peanut Farmers Antitrust Litigation

Settlement Website: Peanut Farmers Antitrust Litigation Settlement Website

Claims Administrator:
Angeion Group

Claims Administrator Contact Information:

Peanut Farmers Antitrust Litigation
Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
1-844-754-7469
Info@PeanutFarmersAntitrustLitigation.com

Tags: Antitrust, Collusion and Price Fixing