Cal-Maine
Coverage of Cal-Maine in the Nexus archive.
- 280,000 eggs to be delivered to NYC food banks in new settlement holding egg producers overcharged
A multistate investigation found three egg producers illegally colluded to fix prices, leading to a settlement requiring them to deliver 280,000 eggs to NYC food banks and 53 million eggs nationwide. The companies will also pay $3.3 million and implement compliance measures to prevent future illegal coordination.
- Family behind top US egg producer reaped $320mn after price surge
The family behind the top US egg producer Cal-Maine sold a controlling stake for $320 million following a price surge, with authorities alleging an effort to rig the market.
- No yolk: NC AG Jeff Jackson settles antitrust lawsuit for 3 million eggs
North Carolina Attorney General Jeff Jackson settled an antitrust lawsuit with three egg producers—Cal-Maine, Versova, and Hickman’s Family Farms—for colluding to fix prices. The settlement includes 50 million donated eggs to food banks nationwide, with 3 million going to North Carolina, and $1.5 million in legal fees. The producers also agreed to antitrust oversight and cease illegal cooperation.
- Cal-Maine, Others Poised to Settle DOJ Egg Pricing Probe
Cal-Maine and other companies are preparing to settle a U.S. Department of Justice investigation into alleged egg pricing practices. The probe focuses on potential anti-competitive behavior in the egg market.