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Ranchers sue four largest meatpackers over insider trading claims
Cattle ranchers from three states filed a class action in Pierre South Dakota naming Excel Corp ConAgra Beef Farmland National Beef Packing and Tyson Foods as defendants The suit alleges USDA price misstatements during a 29 day period allowed packers to buy cheaper cattle and enrich profits It seeks to represent all live stock sellers to the firms in 2001 with ongoing litigation plans.
MENTIONED IN THIS ARTICLE
Sioux Falls
S.D
Herman Schumacher
South Dakota
Michael P. Callicrate
Kansas
Roger D. Koch
Nebraska
U.S. District Court
Pierre
Excel Corp
ConAgra Beef Co
Farmland National Beef Packing Co
Tyson Foods
IBP
U. S. Department of Agriculture
USDA
Schumacher
Enron
WorldCom
James O'Connor
Gary Mickelson
Mickelson
Mark Klein
Excel