A judge has signed off on a $75 million settlement from Michael Foods, a subsidiary of packaged food producing giant Post, to settle claims against it in the egg antitrust litigation in federal court.
The settlement, reached nearly a year ago, was given final approval on Nov. 17 by U.S. District Judge Gene E.K. Pratter of the Eastern District of Pennsylvania, the presiding judge in the litigation. The class action, brought by direct purchasers and suppliers of eggs, continues against other defendants.
