National Ag News
Settlement reached in BPI-ABC lawsuit
Jun 28, 2017, 13:37 PM
by
System
ABC and Beef Products Incorporated (BPI) have reached a settlement in the defamation lawsuit involving the network’s news reports on BPI’s lean, finely textured beef product.
Terms of the settlement have not been disclosed.
BPI had sued ABC for nearly two billion dollars over reports that originally aired in 2012 in which ABC constantly referred to the product as “pink slime”. BPI contended the coverage severely hurt its business.
In a statement ABC indicated that it stood by its reporting, but concluded continued litigation of the case was “not in the company’s interest”.
Continue reading Settlement reached in BPI-ABC lawsuit at Brownfield Ag News.
