LegalJun 29, 2026, 10:46 PM
Cal-Maine Foods Resolves DOJ & State Claims; No Fines from DOJ
AI Summary
Cal-Maine Foods announced an agreement to resolve claims from the U.S. Department of Justice and 17 states' attorneys general following a 15-month investigation. The company was not assessed any fines or penalties by the DOJ and denies all wrongdoing. As part of the resolution, Cal-Maine will donate 30 million eggs and pay $1.5 million to the states, while also implementing compliance and reporting measures.
Key Highlights
- Cal-Maine Foods reached an agreement to resolve claims with the U.S. Department of Justice (DOJ) and 17 states' attorneys general.
- The Company was not assessed any fines or penalties by the DOJ.
- Cal-Maine agreed to donate 30 million eggs to food banks and non-profits.
- Cal-Maine agreed to pay a total of $1.5 million to the states to resolve the matter.
- The Company denies all wrongdoing and violations of law, maintaining its conduct was lawful.
- Agreement includes implementation of certain compliance and reporting measures.
Price Impact
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