Four Executives and Company Charged with Price Fixing in Ongoing Investigation into Broiler Chicken Industry

A federal grand jury in Denver, Colorado, returned an indictment yesterday charging Koch Foods, headquartered in Park Ridge, Illinois, for participating in a nationwide conspiracy to fix prices and rig bids for broiler chicken products. Separately, a federal grand jury in Denver returned an indictment charging four executives for their roles in the same conspiracy.

DOJ: Pilgrim’s Pride Pleads Guilty to Price Fixing, Sentenced to a $107M Criminal Fine

February 24, 2021 Perishable News

Pilgrim’s Pride Corporation (Pilgrim’s), a major broiler chicken producer based in Greeley, Colorado, has pleaded guilty and has been sentenced to pay approximately $107 million in criminal fines for its participation in a conspiracy to fix prices and rig bids for broiler chicken products, the Department of Justice announced today.

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.