ABC and a South Dakota meat producer announced a settlement Wednesday in a $1.9-billion lawsuit against the TV network over its reports on a lean, finely textured beef product that critics dubbed “pink slime.”
The terms of the settlement are confidential. Dakota Dunes-based Beef Products Inc., or BPI, sued ABC in 2012, saying ABC's coverage misled consumers into believing that the product was unsafe, was not beef and was not nutritious.
ABC spokeswoman Julie Townsend said in a statement Wednesday that throughout the case, the network has maintained its reports accurately presented the facts and views of knowledgeable people about the product.
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