on January 11, 2021
Pilgrim’s agrees to pay $75M settlement in antitrust case
Company says it has reached a deal to pay buyers $75 million, but it is not admitting guilt in collusion case
Pilgrim’s Pride has reached a deal to pay $75 million to its buyers to settle claims that the company colluded with other poultry producers to fix chicken prices and rig bids.
According to a Form 8-K filed with the U.S. Securities and Exchange Commission (SEC), Pilgrim’s Pride has entered into…