The First Judicial District Court of New Mexico dismissed claims against Triumph Foods on Oct. 1 after the New Mexico Department of Justice agreed to a zero-dollar resolution, ending another antitrust case against the company that alleged pork processors used Agri Stats, Inc., to engage in price fixing of pork products in the U.S.
According to the company, Triumph Foods is the only pork processor in this litigation to receive a zero-dollar resolution in the action to date. The State of Alaska also dismissed an antitrust case against Triumph Foods in May, including a zero-dollar resolution.
“With this latest dismissal of claims, once again another court and state Attorney General recognized that our farmer-owned company is different than other processors in the industry wrapped up in this litigation,” Matt England, president and CEO of Triumph Foods, said in a statement. “We do not own or control any hog production assets or sales, and Triumph Foods broke away from the rest of the industry in 2006 to open new plants and expand pork supply – which is the exact opposite of the theories alleged in any of the price fixing antitrust litigation.”
Triumph Foods says it looks forward to additional dismissals or similar resolutions as there is no evidence to support the claims against Triumph.
