Cal-Maine Foods Reaches Resolution with U.S. Department of Justice and 17 States’ Attorneys General
Cal-Maine Foods resolved a 15-month DOJ investigation and claims from 17 states' attorneys general regarding alleged price index manipulation within an egg-producing cooperative. The company agreed to compliance measures and a $1.5 million payment to the states but was assessed no fines. Cal-Maine denies any wrongdoing and stated it exited the cooperative in May 2024, prior to the investigation's initiation. The settlement also includes a donation of 30 million eggs to food banks as part of the company's community commitment.
Key figures
- Donation eggs
- 30 million
- Settlement payment usd
- 1500000
- Biosecurity investment usd
- 88000000
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