Egg Producers Ordered to Pay $17.7 Million in Damages in Landmark Overcharging Lawsuit: Food Giants Triumph
CHICAGO, ILLINOIS – Egg producers in the United States have been ordered to pay $17.7 million in damages to major food companies after being found guilty in a lawsuit alleging overcharging. The defendants include Cal-Maine Foods, Rose Acre Farms, United Egg Producers, and United States Egg Marketers. The lawsuit was filed in Illinois federal court in 2011 by Kraft Heinz, Kellogg, General Mills, and NestlĂ©. They claimed that the egg producers had conspired to control supply and manipulate egg prices between 1999 and 2008. During the trial, it emerged that the egg suppliers had exported … Read more