Three Egg Producers Settle in Processed Egg Price Fixing Case

July 18, 2012, 4:00 AM UTC

Land O’Lakes, Inc., Moark, LLC, and Norco Ranch, Inc. won final approval July 16 of their settlement agreements with direct purchasers of shell eggs and/or egg products in ongoing price fixing litigation before the U.S. District Court for the Eastern District of Pennsylvania (In Re Processed Egg Products Antitrust Litigation, E.D. Pa., 2:08-md-02002-GP, 7/16/12).

Judge Gene E.K. Pratter also certified the direct purchaser class and two subclasses for settlement purposes. The court determined that the proposed $25 million settlement, combined with litigation help, is fair.

Proposed Settlement.

Direct purchasers of shell eggs and processed egg products alleged ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.