Thursday, February 25, 2021

Pilgrim’s Pride fined $107.9 million

Pilgrim’s Pride, which is owned by JBS USA, has been fined $107.9 million for poultry price-fixing.

In mid-January it settled a class-action lawsuit filed by customers for $75 million.

The $109.7-million settlement emerged from a federal court case in Denver, Colorado, this week.

Tyson Foods has also been charged for price-fixing poultry pricing and paid $221.3 million to settle a class-action lawsuit.