Lawyers Recommend New $50 Million Settlement In Milk Price Lawsuit

A class action lawsuit that accused two dairy groups of manipulating the Northeast milk market and driving small farmers out of business is one step closer to being settled.

Attorneys for the plaintiffs in the antitrust lawsuit Allen v. Dairy Farmers of America have asked U.S. District Court Judge Christina Reiss to approve a new $50 million settlement to put the case to rest.

Lawyers proposed a $50 million settlement last year, but Reiss denied it in March because 35 farmers representing 28 farms objected to the proposed settlement.

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