Attorney General Ken Paxton Secures Over Two Million Eggs for Texans in Settlement with Cal-Maine Foods Over Price Gouging Allegations
Attorney General Ken Paxton reached a settlement with Cal-Maine Foods, securing over two million eggs for Texans due to price gouging during the pandemic.Summary
Attorney General Ken Paxton has secured over two million eggs for Texans through a settlement with Cal-Maine Foods, Inc., resolving a lawsuit filed in April 2020 alleging price gouging during the COVID-19 pandemic. Cal-Maine Foods was accused of increasing egg prices by nearly 300% during the crisis. As part of the settlement, Cal-Maine will donate 180,000 dozen eggs to food banks across Texas within 120 days, with larger donations going to the North Texas Food Bank and Houston Food Bank.
Paxton stated his office will “crack down on any corporation illegally raising prices on Texans,” emphasizing the need to protect the public during crises. The agreement aims to rectify past actions and prevent future price gouging.
Beyond the egg donation, the settlement prohibits Cal-Maine from engaging in price manipulation that violates the Texas Deceptive Trade Practices Act during any future designated disaster period. This settlement provides immediate relief to Texans in need and reinforces consumer protection measures against unethical price surges during emergencies.
(Source：Hoodline)