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. …
On October 26th, Northern District of Illinois Judge Virginia M. Kendall denied three motions to dismiss a putative class action alleging that the nation’s leading turkey suppliers—including Butterball, Cargill, House of Raeford, Tyson, and Perdue—engaged in a conspiracy to fix the prices of turkey sold in the United States over a seven year period. …
U.S. poultry company Pilgrim’s Pride Corp said on Wednesday it will pay a $ 110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on chicken products. …
Federal prosecutors indicted a second ex-CEO of Pilgrim’s Pride and five others from the poultry industry with criminal charges alleging they conspired to fix prices for wholesale chicken over several years. …
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