Egg Product Settlement
- Those who purchase an egg from an egg producer in the United States between Jan. 1, 2000 and Dec. 19, 2014 will want to pay attention
- Claim forms are available online at eggproductssettlement.com
- Post Holdings Inc has agreed to establish a settlement fund of $75 million to settle part of the egg price-fixing class action lawsuit
Egg Product Settlement class members claim that the defendants aka Post Holdings Inc conspired to reduce the supply of eggs to artificially increase the price of shell eggs and other egg products (Post Holdings purchased Michael Foods in April 2014 while the egg price-fixing class action lawsuit was already underway). Class members contend that they paid more for eggs that they should had as a result of the price-fixing. Post Holding Inc has denied all actions of wrong doing but have agreed to establish the 75 million dollar settlement fund in order to avoid a long drawn out trail (it’s almost always cheaper for the firm to settle than face a jury in a class action lawsuit). Other defendants named in the lawsuit include National Food Corporation (NFC), Midwest Poultry Services LP, United Egg Producers and United States Egg Marketers (UEP/USEM), Nucal Foods Inc., Hillandale Farms of Pa. Inc. and Hillandale-Gettysburg LP. The settlement amount any one class member will receive will be based on how many people file a claim. Class members must state who they purchased the eggs from, at what price, and the amount of the eggs they bought in order to receive a monetary pay out from the egg price-fixing settlement fund.
EggProductSettlement.com Notes
- Class members are not required to hire lawyers
- Mindee J. Reuben, Michael D. Hausfeld, Stephen D. Susman, and Stanley D. Bernstein will represent class members
- Carrie C. Mahan will represent the defendants
- Any questions in regards to the class action lawsuit can be directed to 1-866-881-8306 or by mail: In re: Processed Egg Products Antitrust Litigation c/o GCG, Claims Administrator P.O. Box 9476 Dublin, OH 43017-4576