Michael Foods, Direct Purchaser Class Settle For $75M In Egg Antitrust MDL

Mealey's (November 30, 2017, 8:53 AM EST) -- PHILADELPHIA — A Pennsylvania federal judge on Nov. 20 granted final approval to a $75 million settlement reached between Michael Foods Inc. and the direct purchaser class, an amount that the court noted is the highest thus far in the price-fixing multidistrict litigation against egg suppliers (In re:  Processed Egg Products Antitrust Litigation, No. 08-md-2002, E.D. Pa., 2017 U.S. Dist. LEXIS 191285)....

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