Pilgrim’s Pride Corporation (PPC)

Investigation 

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Pilgrim’s Pride Corporation ("Pilgrim’s Pride" or the "Company") (NASDAQ: PPC). Investors who purchased Pilgrim’s Pride securities are encouraged to obtain additional information and assist the investigation.

 

The investigation concerns whether Pilgrim’s Pride and certain of its officers and/or directors have violated federal securities laws.

 

On March 4, 2022, the Wall Street Journal published an article entitled “Chicken Companies Were Asked About Sharing of Employment Practices,” reporting that the U.S. Department of Justice (“DOJ”) has started a civil antitrust probe to determine “whether poultry companies have engaged in anticompetitive practices that held down plant workers’ wages, according to people familiar with the matter.”  The article named Pilgrim’s Pride, among other poultry processors, as implicated in the DOJ’s investigation.  On this news, Pilgrim’s Pride’s stock price fell sharply during intraday trading on March 4, 2022.

 

If you are aware of any facts relating to this investigation or purchased Pilgrim’s Pride shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.