Recalled Pet Food Settlement

U.S. District Court of New Jersey approved the settlement this past Tuesday, addressing the class-action lawsuits filed after the pet food recall last year.

Eligible pet owners may receive potentially 100% compensation for their documented economic damages. The payment will come from the $24-million fund created by the defendants, Menu Foods, Nestle Purina PetCare Co., Wal-Mart, PETCO and others.

Claims have to be submitted by November 24, 2008. According to the FAQs, documentation of Recalled Pet Food purchases may include receipts, cancelled checks, credit card statements, copies of the product labels from the products, other records from the place of purchase, or any other records that could demonstrate you purchased the food and how you paid.

The companies hope the settlement will allow them to move forward and regain consumer trust and confidence. However, some believe the settlement did not do enough to address the non-economic loss.

For more information on the settlement, visit PetFoodSettlement.com.