BURLINGTON, Vt. (AP) — A Vermont judge has granted preliminary approval to a settlement that would require Dallas-based Dean Foods to pay Northeast dairy farmers $30 million to settle a class-action antitrust lawsuit.
A part of the settlement that would have required Dean to change its milk buying practices in the region temporarily has been eliminated.
The agreement is to settle a civil, antitrust class-action lawsuit filed by some dairy farmers who claim that Dean Foods worked to reduce prices paid to milk producers.
By agreeing to the settlement, Dean Foods does not admit any wrongdoing.
The plaintiffs' lawyers say they are continuing to move the case forward against the remaining defendants, cooperative Dairy Farmers of America and its marketing arm Dairy Marketing Services.
Copyright 2011 The Associated Press.