Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking $2.5 billion in damages over an alleged scheme to fix prices between 1999 and 2006, a prosecutor told Reuters.
Federal Prosecutor Karen Kahn said the Sao Paulo Court of Justice will hear claims in a lawsuit filed against firms including Citrosuco, Cutrale and Louis Dreyfus Co (LDC), which account for most of the world's orange juice output.
