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US: Attorneys get $10.6 million in potato antitrust deal

Attorneys who fought a potato farmers’ cooperative in court over alleged price manipulation will receive more than $10.6 million for obtaining a settlement deal in the lawsuit. Earlier this year, the United Potato Growers of America and affiliated companies agreed to pay $25 million to resolve class action litigation brought by several grocers and consumers who claimed the cooperative unlawfully restricted production of the crop. side from the monetary award, the settlement prohibits UPGA from trying to control potato production for seven years. A federal judge recently approved that agreement and awarded the plaintiff’s lawyers roughly 42 percent of the settlement fund, which represents attorney fees and expenses. More

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