UPDATED with info on other defendants, trial date.
Dairy farmers in Tennessee and other southeastern states scored a $140 million victory today when Dean Foods announced it has agreed to pay that amount to settle a class-action lawsuit.
The settlement must be approved by U.S. District Court for the Eastern District of Tennessee. The farmers’ case continues against other defendants who have not settled. The trial is set to begin Aug. 16, according to a statement by Robert G. Abrams of Baker Hostetler, lead attorney for the plaintiffs.