PHILADELPHIA, July 10, 2017 /PRNewswire-HISPANIC PR WIRE/ -- The following statement is being issued by Lite DePalma Greenberg, LLC; regarding the In re: Processed Egg Products Antitrust Litigation.
This legal notice is to announce certification of a Litigation Class; to provide information regarding a new settlement with Michael Foods, Inc. ("MFI"); and to provide information for submitting claims in connection with previously-approved settlements with National Food Corporation ("NFC"), Midwest Poultry Services, L.P. ("Midwest"), United Egg Producers and United States Egg Marketers ("UEP/USEM"), NuCal Foods, Inc. ("NuCal"), and Hillandale Farms of Pa., Inc. and Hillandale-Gettysburg, L.P. ("Hillandale") in In re Processed Egg Products Antitrust Litig., No. 08-md-2002 (E.D. Pa.).
What is this lawsuit about?
Plaintiffs allege that Defendants conspired to decrease the supply of eggs which caused the price of eggs to artificially increase and direct purchasers to pay more for Shell Eggs and Egg Products than they would have otherwise paid. Defendants have denied all liability for this conduct and asserted that their conduct was lawful and/or exempt from the antitrust laws, among other defenses.
Who is included in the Litigation Class?
The Litigation Class includes individuals/entities that purchased Shell Eggs in the U.S. directly from Defendants from 9/24/2004 through 12/31/2008. If you exclude yourself, you will not be entitled to share in any future distributions if Plaintiffs obtain money from a trial or future settlements. The deadline to exclude yourself is October 9, 2017.
Who/what is included in the MFI Settlement?
The MFI Settlement Class includes individuals/entities that purchased Shell Eggs in the U.S. directly from Defendants from 9/24/2004 through 12/31/2008. MFI will provide the Class with $75 million and cooperation. Plaintiffs will release all claims against MFI. The deadline to submit a claim, submit an objection, or submit an exclusion is October 9, 2017.
Who may submit a claim in connection with the NFC, Midwest, UEP/USEM, NuCal & Hillandale Settlements?
If you did not previously exclude yourself from these Settlements, and you purchased Shell Eggs and/or Egg Products in the U.S. from 1/1/2000 through 12/19/2014 directly from any Producer, you may be entitled to submit a claim form postmarked no later than October 9, 2017.
Who represents you?
The Court appointed Stanley Bernstein (Bernstein Liebhard LLP); Michael Hausfeld (Hausfeld LLP); Mindee Reuben (Lite DePalma Greenberg, LLC), and Stephen Susman (Susman Godfrey LLP) as Class Counsel. You do not have to pay them to participate. You may hire your own attorney at your expense.
When will the Court decide whether to approve the MFI Settlement?
A hearing to determine the fairness and adequacy of the MFI Settlement is scheduled for 10:00 a.m. on November 6, 2017 at the U.S. District Courthouse, 601 Market Street, Philadelphia, PA 19106-1797. The Court will also consider a motion for attorneys' fees and costs and any objections. The Court may change the date/time of the hearing without notice.
Check www.eggproductssettlement.com for updates and more information. This notice is a summary only.
SOURCE Lite DePalma Greenberg, LLC