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News / Business / Business Briefs

Northeast dairy farmers paid in class action lawsuit

By Associated Press
Published: August 31, 2018, 5:28pm

MONTPELIER, Vt. — Thousands of Northeast dairy farmers are receiving their share of a $50 million settlement, nearly nine years after the farmers filed a class-action lawsuit against a national dairy marketing cooperative.

Dairy Farmers of America this week paid an average of $4,000 to nearly 9,000 farms to settle a lawsuit that accused the marketing group of trying to drive down milk prices.

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