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Raison D'être promotes local artists & agriculture with upcoming events

Raison D'être promotes local artists & agriculture with upcoming events
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Settlement Reached With Final Defendant in Farmer's Peanut Antitrust Lawsuit


Agriculture Giants
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March 12, 2021
On Thursday, the plaintiffs in a class-action lawsuit purporting that major companies in the runner peanut industry are participating in anticompetitive activities asked the Eastern District of Virginia to give preliminary approval to a $45 million settlement with one of the defendants, Golden Peanut Company LLC. This settlement follows a $57 million settlement with defendants Olam Peanut Shelling Company Inc. and Birdsong Corporation. 
The plaintiffs in the lawsuit, D&M Farms, Mark Hasty, Dustin Land, Lonnie Gilbert, Daniel Howell and Rocky Creek Farm, are peanut farmers who sell to the defendants for processing.  They purported that the activities of the large processing companies were harming their businesses and breaching antitrust laws. The plaintiffs, along with defendant Golden Peanut, filed a notice of the settlement to the court on February 24, 2021, which explained that the agreement, which was not yet ....

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