A plant like the one at the center of a major investigation into the price of milk in the US is the latest in a string of milk companies to have faced investigations by regulators over their prices.
The investigation was launched in February 2016 after the Food and Drug Administration (FDA) accused the Lactation Industry Association (LIA) of illegally inflating milk prices.
In its complaint, the FDA alleged the LIA had raised prices for milk in order to keep profits from dipping.
Since then, the LISA has faced a number of lawsuits.
In July 2017, a jury awarded $9.3 million to LISA, and in February 2018, the agency said LISA’s business practices were “particularly egregious” and it was investigating the company for $6.6 million in alleged misconduct.
The FDA said in its March 6 filing that the LSA “made significant improvements in the performance of its milk operations” during the investigation.
“We are very pleased that the Department of Justice and the FTC are considering the LASA’s case and are seeking to hold them accountable for these egregious violations of federal law,” a spokesperson told The Huffington Post.
“In addition, we are also very pleased with the LTA’s response and commitment to working collaboratively with the DOJ and FTC to achieve results that are in the best interest of consumers.”
The LISA also agreed to pay $7 million to the EPA, $2 million to an outside monitor and a $1 million civil penalty.
The company has since agreed to a $10 million settlement with the agency and is now awaiting a final judgement on the amount of the settlement.
The US Food and Consumer Agency (FAC) said that while the investigation into LISA is ongoing, the company “does not currently have any violations that the agency will be seeking to enforce.”
The agency has said that it will continue to work with the LIA to resolve the charges.
LISA said that “the LSA has worked diligently with the FDA, and we remain committed to ensuring that our practices are in line with our regulatory obligations,” according to a statement.
“LISA’s practices and procedures are designed to ensure that LSA’s milk is produced at cost, safe and at fair market value for consumers and is free of significant defects.”