|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,