Legal News

Class-Action Lawsuit Has Local Roots

By (Breaking Legal News)

To identify the source of a class-action lawsuit involving thousands of alleged victims and defendants representing virtually the entire egg industry in America, look no further than a Main Street restaurant in Falconer.

According to local attorney Arthur Bailey, the case began with a cup of coffee at T.K. Ribbing's in the spring of 2008.

"I am the beginning of it," said Bailey, who listened to owner Steve Ribbing as he voiced his frustration over the price of eggs. He told Bailey that he could purchase large quantities at the local grocery store cheaper than he was currently getting them from his wholesaler.

Bailey, whose experience lies with fraud, malpractice claims and class actions, agreed the situation was "economically backward."

He said Ribbing's complaint was quickly referred to James Pizzirusso, a partner with the Hausfeld LLP firm, and a lawsuit was filed in a federal district court in September 2008.

With media attention beginning to focus on soaring prices, the Justice Department declared its intention to investigate the egg industry. Within a month of Ribbing's orignal lawsuit it appointed a team of lawyers from Hausfeld to begin a class-action suit.

Bailey, who is not currently among the lead counsel, said he enjoys a working relationship with Hausfeld that has lasted three decades. He said he provides a service for the firm by scouting potential cases. His son, Arthur Bailey Jr. serves as an associate attorney for the firm's San Francisco office.

Full post as published by Breaking Legal News on July 13, 2010 (boomark / email).