DOJ targets Pilgrim’s Pride, others in price-fixing lawsuit
GREELEY — The U.S. Department of Justice has intervened in a price-fixing lawsuit that includes Greeley-based chicken producer Pilgrim’s Pride Corp. (Nasdaq: PPC) among the defendants.
Justice officials filed a motion last Friday to restrict new discovery of evidence from the defendant companies for six months while a federal grand jury examines the case for possible criminal charges.
The court has set a hearing on the government’s motion for Thursday morning, according to court records.
The suit was originally filed by New York-based supplier Maplevale Farms Inc. in 2016, alleging that several chicken producers, including Pilgrim’s Pride and Tyson Foods Inc. (NYSE: TSN),…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!