Settlement for unsafe soy milk

CONSUMERS who drank soy milk that allegedly had unsafe levels of iodine in it will share in a record $25 million out of court settlement.

About 500 consumers of the soy milk produced by Bonsoy alleged they had "dramatic" health consequences from drinking the milk.

However, the settlement reached still needs to be approved by Victoria's Supreme Court at a hearing in January, and Bonsoy has not admitted any liability in the case.

The milk allegedly had too much iodine, courtesy of a seaweed product called Kombu which was added to the soy milk drink.

The settlement was reached on Monday, which law firm Maurice Blackburn described as the biggest such settlement for a food safety class action in Australia.