by Bethany M. Dunbar
BURLINGTON, VT — United States District Court Judge Christina Reiss has denied a proposed $50-million settlement in an anti-trust case filed by dairy farmers against their cooperative.
In a decision filed Friday, March 31, the judge notes that 35 farmers objected to the settlement, while 10 supported it. Objections noted that the settlement per farm would be about $4,000 per farm, an amount described by one of the farmers in a letter as “functionally irrelevant” as it is about “the cost of one tractor tire.”
One of the plaintiffs, Richard Swantak of Kortright, NY, said in a telephone interview he is hoping Judge Reiss will decide the plaintiffs can dismiss their attorney. [Read more…]