$220M Settlement for National Milk Producers' Herd Retirement Program

ST. LOUISFeb. 22, 2021 /PRNewswire/ -- A $220 million settlement has been reached in a class-action lawsuit brought against National Milk Producers Federation, Agri-Mark, Inc., Dairy Farmers of America, Inc., and Land O'Lakes, Inc. (collectively "Defendants"). The lawsuit claimed that an effort is known as Cooperatives Working Together (CWT) operated a Herd Retirement Program that was a conspiracy to reduce milk output that violated the law. The Defendants deny doing anything wrong. The Court has not decided who is right.

On April 27, 2020, the Court granted final approval of this $220 million class action settlement and issued a Final Judgment. The settlement is no longer subject to appeal because the period for appeals has passed. On April 27, 2020, the Court approved a Plan of Distribution and set a deadline of April 23, 2021, for claims to be postmarked or received by the Administrator.

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