The attorneys alleged in the complaint that Jimmy John's paid artificially-inflated prices for pork over more than a decade that exceeded the amount the company would have paid if a competitive market had determined the pork price.
November 04, 2021 at 11:26 AM
4 minute read
Attorneys at Carlton Fields have hit several leading pork suppliers and a specialized information trading service with a federal lawsuit alleging they used sensitive information to manipulate prices to their advantage.
The West Palm Beach suit reflects a nationwide trend and seeks treble damages and injunctive relief from the suppliers, who control 80% of the $20 billion in annual sales of pork.
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(L-R)Garth Yearick and Kristin Gore, Carlton Fields shareholders in the West Palm Beach office filed the suit. Credit: Melanie Bell/Michael Murphy, Gittings Photography.
