Federal trial against former Pilgrim’s Pride executives delayed to October

DENVER — A federal judge has delayed the criminal trial for former Pilgrim’s Pride Corp. (Nasdaq: PPC) CEO Jayson Penn and several former executives from August to late October, marking the third rescheduling in the price-fixing case.

U.S. District Court for Colorado chief judge Philip Brimmer ordered the trial to move from Aug. 2 to Oct. 25 after Penn and his co-defendants asked for another delay, which was not opposed by prosecutors.

The trial is now scheduled to last 32 days.

Multiple delays are common in complex litigation such as antitrust and price-fixing cases, where both sides tend to…