MHPC Files Price-fixing Suit On Eggs

On October 11, 2008, Malkinson & Halpern, P.C. filed a price-fixing class action in Philadelphia, PA on behalf of its client, a food and ingredient supplier, and other direct purchasers of shelled or processed Eggs. The U.S. Department of Justice has already announced its own criminal investigation into alleged price-fixing in the Egg industry.

The suit alleges that the world’s primary producers of shelled and processed eggs conspired to limit supply and artificially elevate the price of eggs and egg products sold from at least January 1, 2000, to the present.

Under federal statutes, direct purchasers from members of price-fixing cartels are entitled to a variety of relief, including triple damages and attorneys' fees. It is generally irrelevant that a direct purchaser may have passed the non-competitive pricing on to their customers, as the law will consider the purchaser to have been victimized and damaged by its own overpayment.

Customarily, our price-fixing clients are family-owned or other privately held companies. Malkinson & Halpern, P.C. handles this type of litigation on a contingent basis in which the only attorneys fees and cost reimbursements we are paid are those approved by a judge and paid from proceeds of any favorable settlement or verdict.

Please contact John R. Malkinson if you/your company were a direct purchaser of Eggs during the above-stated period of time and have questions to ask or pricing/purchasing information to share. For a list of similar cases the firm has participated in,
click here.