A US$2,150,000 settlement was reached with Natura Pet Products Inc., Natura Pet Food Inc., Natura Manufacturing and Peter Atkins in a class-action lawsuit regarding advertising of Natura's petfood, according to a report. The lawsuit originated after claims that the company misrepresented its petfood quality as "human-grade."
The company admitted no fault, but reportedly agreed to the cost of the settlement in order to avoid a court trial. The settlement calls for the company to create a US$2,150,000 fund, from which it would pay attorneys fees, expenses up to US$60,000 to lawyers representing the Class and costs to Class members who submitted claim forms. The US District Court for the Northern District of California will hold a hearing in this case on February 17, 2012, to consider whether to approve the settlement deal.
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The company builds on its boutique business with three new lines for pet stores, including baked dog food and treats
It gives more direct control to CVM in establishing and maintaining ingredient definitions
The mid-year meeting addressed several regulatory matters affecting petfoods
Committees discussed key proposals such as a possible shift in the oversight of animal feeds
The intent was to educate regulators and industry about the Model Pet Food Regulations
Public meetings invited comments and provided updates
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