Pilgrim’s Pride Agrees to $75 Million Settlement For Price-Fixing Claims

January 13, 2021 Jordan Strickler, Forbes

Pilgrim’s Pride, one of the nation’s largest chicken processors, has reached a $75 million deal to settle price fixing claims. The company will be coughing up the largest settlement thus far in a drawn-out legal battle over alleged collusion among the companies which dominate America’s $65 billion chicken industry.

Trial for Pilgrim’s Pride CEO Delayed to February

A federal judge has delayed the price-fixing trial of Pilgrim’s Pride CEO Jayson Penn to next year after both prosecutors and Penn’s defense attorneys asked for more preparation time.

Union Sues Pilgrim’s Pride in Connection to Ongoing Price-Fixing Case

July 10, 2020 DAN MIKA, Greely Tribune

A union chapter representing workers at Pilgrim’s Pride Corp. locations across the U.S. is suing the Greeley-based chicken packer, claiming that the alleged price-fixing by executives there damaged the value of its pension fund.

Indicted CEO of Pilgrim’s Pride Takes Leave to Focus on Legal Defense

June 15, 2020 Associated Press

Pilgrim’s Pride Corp. said Sunday that Jayson Penn, its president and CEO, is taking a leave of absence to focus on his defense in a price fixing indictment.

Pilgrim’s Pride CEO and Other Chicken Industry Executives Indicted for Price Fixing

June 4, 2020 Amelia Lucas, CNBC

Four current and former chicken industry executives, including Pilgrim’s Pride CEO Jayson Penn, have been indicted for price fixing.