If you purchased Shell Eggs or Egg Products produced in the United States directly from any producer from January 1, 2000 through December 19, 2014, you could be a Class Member in a proposed class action settlement.
PHILADELPHIA, Feb. 24, 2015 /PRNewswire/ -- The following statement is being issued by Weinstein Kitchenoff & Asher LLC regarding the In re Processed Egg Products Antitrust Litigation, Case No. 08-md-02002.
Legal Notice
If you purchased Shell Eggs or Egg Products produced in the United States directly from any producer from January 1, 2000 through December 19, 2014, you could be a Class Member in a proposed class action settlement.
This legal notice is to inform you of proposed Settlements between Plaintiffs and Defendants NuCal Foods, Inc. ("NuCal"), Hillandale Farms of Pa., Inc. ("Hillandale Pa."), and Hillandale-Gettysburg, L.P. ("Hillandale-Gettysburg"), reached in the class action lawsuit In re Processed Egg Products Antitrust Litigation, Case No. 08-md-02002, pending in the United States District Court for the Eastern District of Pennsylvania.
Who is included in the Settlements?
The Settlement "Classes" include all persons and entities in the United States that purchased Shell Eggs and Egg Products in the United States directly from any producer from January 1, 2000 through December 19, 2014.
What is this case about?
Plaintiffs claim that Defendants conspired to limit the supply of Shell Eggs and Egg Products, which raised the price of Shell Eggs and Egg Products and, therefore, violated the Sherman Antitrust Act, a federal statute that prohibits agreements that unreasonably restrain competition. The settling Defendants deny all of Plaintiffs' allegations.
What do the Settlements provide?
Under the Settlements, Plaintiffs will release all claims against NuCal, Hillandale Pa., Hillandale-Gettysburg, Hillandale Farms East, Inc., and Hillandale Farms, Inc. In exchange, NuCal will pay $1,425,000, and Hillandale Pa. and Hillandale-Gettysburg will collectively pay $3,000,000, into a settlement fund for the benefit of the Classes. Plaintiffs also will receive documents and information that Plaintiffs' attorneys believe will aid in their analysis and prosecution of this Action.
What do I do now?
If you are a Class Member your legal rights are affected, and you now have a choice to make.
Participate in the Settlements: No action is required to remain part of the recent Settlements. If the Court grants final approval to the Settlements, they will be binding upon you and all other Class Members. By remaining part of the Settlements, you will give up any potential claims that you may have against NuCal, Hillandale Pa., Hillandale-Gettysburg, Hillandale Farms East, Inc., and Hillandale Farms, Inc., relating to the claims alleged in this lawsuit. You may be eligible to receive a settlement payment at a future date.
Ask to be excluded: If you wish to exclude yourself from the recent Settlements and wish to retain your rights to pursue your own lawsuit relating to the claims alleged in this lawsuit, you must formally exclude yourself from the Classes by sending a signed letter to the Claims Administrator postmarked on or before May 22, 2015.
Object: You may notify the Court that you object to the recent Settlements by mailing a statement of your objection(s) to the Court, Plaintiffs' Counsel, and Defense Counsel postmarked by May 22, 2015. Detailed instructions on how to participate, opt out or object are on the settlement website.
Who represents you?
The Court appointed Steven A. Asher of Weinstein Kitchenoff & Asher LLC; Michael D. Hausfeld of Hausfeld LLP; Stanley D. Bernstein of Bernstein Liebhard LLP; and Stephen D. Susman of Susman Godfrey LLP as Interim Co-Lead Class Counsel. You do not have to pay them or anyone else to participate. You may hire your own lawyer at your own expense.
When will the Court decide whether to approve the Settlements?
At 10:00 a.m. on June 22, 2015, at the United States District Court, James A. Byrne Federal Courthouse, 601 Market Street, Philadelphia, PA 19106, the Court will hold a hearing to determine the fairness and adequacy of the recent Settlements, and consider any motion for an award of attorneys' fees and incentive awards and reimbursement of litigation costs. You may appear at the hearing, but are not required to do so.
Please note that the Court may change the date and/or time of the Fairness Hearing. Settlement Class Members are advised to check www.eggproductssettlement.com for any updates.
How can I learn more?
This notice is only a summary. For more information, visit www.eggproductssettlement.com.
SOURCE Weinstein Kitchenoff & Asher LLC
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