A PYMNTS Company

Land O’Lakes price-fixing settlement approved

By  |  July 24, 2012
Land O’Lakes price-fixing settlement approved

Federal Judge Gene Pratter gave his final approval of a $25 million settlement to be paid by Land O’Lakes and its subsidiaries for alleged egg price-fixing. Plaintiffs accused the company of illegal agreements to “limit egg production, introduce cage space requirements, and exporting eggs and hens overseas…” to keep egg prices high. The defendant companies also agreed to assist the plaintiffs in their cases against defendants not party to the settlement.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full content: FoodNavigator

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

     

    Related content: Duking It Out in Antitrust Price-Fixing: Class Actions After Dukes

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.