Dairy Farmers of America ends price suit for $50MThe Associated Press | July 14,2014MONTPELIER - The cooperative Dairy Farmers of America has agreed to pay a total of $50 million to thousands of Northeast dairy farmers to settle antitrust allegations.
A class-action lawsuit filed in 2009 charged Dallas-based Dean Foods, DFA, and the cooperative's marketing arm, Dairy Marketing Services, with working together to monopolize the market for raw milk in the Northeast, driving down prices paid to dairy farmers.
DFA does not admit any wrongdoing under the terms of the settlement. It says the legal costs have become too great.
The settlement agreement is preliminary and must be approved by a judge.
Dairy processor Dean Foods Co. agreed to a settlement of $30 million in 2011.MORE IN This Just InTOMORROW'S HEADLINES TODAY: Josh O'Gorman reports on the impact of state budget cuts on state colleges, Rutland Town welcomes Donna Zeller as town clerk, Bryanna Allen in Killington for chili cookoff and Haley talks up big Shrine game with N.H. and Vt. 0Rutland Herald News Editor Alan J. Full StoryWHITE RIVER JUNCTION — A Royalton man denied charges that he pointed a gun at a woman and her... Full Story
- Most Popular
- Most Emailed
- TOMORROW'S HEADLINES TODAY: osh O'Gorman reports on the impact of state budget cuts on state colleges, Rutland Town welcomes Donna Zeller as town clerk, Bryanna Allen in Killington for chili cookoff and Haley talks up the big Shrine game with N.H. and Vt.
- TODAY'S WEATHER MINUTE: Rutland Herald content editor Rich Alcott shares local weather information and easily digestible news tidbits: Teddy Roosevelt makes Americans believe the poor, peace-loving, misunderstood piranha is a vicious, dangerous animal.
- RICHARD'S POOR ALMANACK: Teamsters leader Jimmy Hoffa disappears on this day in 1975, on this day in 2003, the last Volkswagen Type I, the Beetle, rolls off the assembly line in Mexico, Ambrose Bierce on the classifications of homicide.
- TODAY'S WEATHER MINUTE: Seals have figured out fish they like to eat gather in schools around turbines in offshore wind farms. But the environment is not without hazards, maintenance vessels and noise pollution.
- TOMORROW'S HEADLINES TODAY: Vermont Yankee announces final day of nuclear power generation in Vermont, storm brings floods back to Chester, Castleton town manager to resign office, chronic offender sentenced to 25 years for sexual assault.
- TODAY'S WEATHER MINUTE: Rutland Herald content editor Rich Alcott shares local weather information and easily digestible news tidbits: Archaeologists find a leather shoe in a cave in Armenia that predates the Pyramids by more than a thousand years.