Chicken industry executives indicted for price fixing

By DEE-ANN DURBIN
Posted 6/3/20

A federal grand jury has indicted four current and former chicken company executives for price fixing.

The U.S. Department of Justice said Wednesday that the executives from Colorado-based …

To Our Valued Readers –

Visitors to our website will be limited to five stories per month unless they opt to subscribe.

For $5.99, less than 20 cents a day, subscribers will receive unlimited access to the website, including access to our Daily Independent e-edition, which features Arizona-specific journalism and items you can’t find in our community print products, such as weather reports, comics, crossword puzzles, advice columns and so much more six days a week.

Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.

Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.

Sincerely,
Charlene Bisson, Publisher, Independent Newsmedia

Please log in to continue

Log in
I am anchor

Chicken industry executives indicted for price fixing

Posted

A federal grand jury has indicted four current and former chicken company executives for price fixing.

The U.S. Department of Justice said Wednesday that the executives from Colorado-based Pilgrim’s Pride and Georgia-based Claxton Poultry conspired to fix prices and rig bids for broiler chickens from at least 2012 to 2017.

They are the first executives to be charged in a long-running investigation of price-fixing in the chicken industry. The executives could face 10 years in prison and a $1 million fine.

Pilgrim's Pride Corp. shares tumbled 10% Tuesday afternoon.

Comments

X