Pilgrim's Pride loses bid to block US chicken growers' class action [Reuters]
Pilgrim's Pride Corporation (PPC)
Last pilgrim's pride corporation earnings: 4/29 05:12 pm
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Source: Reuters
conspired with other poultry producers to underpay them by hundreds of millions of dollars. U.S. District Judge Robert Shelby, sitting in Oklahoma's Eastern District federal court, after more than seven years of litigation, significantly raising the stakes in the case. Report this ad Growers work with producers to provide land, labor and equipment to raise their chickens until they are ready for slaughter, when they are returned to the poultry company. A group of growers said in five lawsuits consolidated in Oklahoma that major poultry companies violated antitrust law since at least 2008 by conspiring to suppress their pay nationwide, and also schemed to limit employee mobility. The producers allegedly shared competitively sensitive information about grower pay in order to fix compensation. Pilgrim's Pride, which is one of the world's largest chicken producers, and two of its attorneys did not immediately respond to requests for comment on Thursday. The company has denied th
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PPC
Earnings
- 5/1/24 - Beat
PPC
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- PPC's page on the SEC website