In re U.S. Foodservice, Inc. Pricing Litigation, Case No. 3:07-md-1894 (Conn.) (MDL No. 1894).
What is the Case About?
A class-action lawsuit, filed in the U.S. District Court for the District of Connecticut, claimed that USF, between 1998 and 2005, improperly inflated the purported “cost” of the goods it sold to its customers with cost-plus arrangements, and thereby breached its contracts with those customers and violated Federal Racketeer Influenced and Corrupt Organizations Act (“RICO”) laws.
Who is Eligible:
Any company or individual in the United States that purchased products from US Foods pursuant to a cost-plus arrangement at any time during the class period and for which US Foods used a value-added service provider (“VASP”) to calculate the cost component.
How Much Will it Pay?
The $297 million settlement will be paid pro rata, so the exact recovery will remain unknown until all claims are filed. The amount of your individual recovery will be based on both the quantity of qualifying products purchased and the total participation of class members in the settlement.
What is the Status?
The claim filing deadline is December 19, 2014. Any class member that does not submit a valid claim will not be entitled to receive any of the proceeds.