Pilgrim’s Pride and Tyson Foods settle in chicken price-fixing litigation
Story Date: 1/13/2021

 

Source: THE POULTRY SITE, 1/12/21


According to Reuters, Pilgrim's Pride, owned mainly by Brazil's JBS SA, will pay $75 million to settle claims by purchasers that bought chickens directly from the company. The size of Tyson's settlement with the same purchasers was not disclosed. Neither company admitted liability, and both said settling was in their best interests. Both settlements require approval by a federal judge in Chicago.

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