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6.33316233793545E-06 0.00127296562992795 0.00189994870138502 0.00285625621441552 0.00569984610415518 0.00412288868200554 0.00982273478616072 0.0107727091368533
Stock impact report

U.S. indicts six more chicken executives over alleged price fixing [Reuters]

Pilgrim's Pride Corporation (PPC) 
Last pilgrim's pride corporation earnings: 4/29 05:12 pm Check Earnings Report
US:NYSE Investor Relations: ir.pilgrims.com/investor-relations
Company Research Source: Reuters
By Reuters Staff 2 Min Read CHICAGO (Reuters) - The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, expanding antitrust prosecutions in its probe of the $65 billion poultry sector, according to court documents. In June, the Justice Department indicted Pilgrim's Pride PPC.O Chief Executive Jayson Penn and three others in its first charges in the criminal probe involving broiler birds, which account for most U.S. chicken meat. Court documents filed on Tuesday show that former Pilgrim’s Pride CEO William Lovette has also been indicted. Lovette could not immediately be reached for comment on Wednesday, and a company spokesman did not immediately respond to a request for comment. Pilgrim's Pride, mostly owned by Brazil-based meatpacker JBS SA JBSS3.SA , last month said Penn was exiting the company and would be replaced by Chief Financial Officer Fabio Sandri. Penn succeeded Lovette as CEO in 2019. The documents allege that industry Show less Read more
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