Pilgrim's Pride CEO, Other Execs Charged With Fixing Prices

By Matthew Perlman (June 3, 2020, 5:36 PM EDT) -- The Justice Department on Wednesday said four executives, including the president and CEO of Pilgrim's Pride, have been indicted over a scheme to fix prices and rig bids for chickens sold to grocery stores and restaurants.

A Pilgrim's Pride contract chicken raiser displays a three-week-old bird at a farm near Pittsburg, Texas, in file photo. (AP Photo/LM Otero) The U.S. Department of Justice's Antitrust Division said in a statement Wednesday that a grand jury in Denver had returned an indictment against Jayson Penn, the president and CEO of Pilgrim's Pride, and Roger Austin, a former vice president with the company. The indictment also included...

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