Egg producers will pay $3.3M and donate 53 million eggs to settle price-fixing claims

The U.S. Justice Department and 17 states reached a $3.3 million settlement with Cal-Maine Foods, Versova, and Hickman’s Egg Ranch over allegations of colluding to inflate egg prices by manipulating price quotations. The companies will also donate 53 million eggs to food banks and nonprofits as part of the resolution, which requires court approval.