Lawsuit charges poultry price-fixing, asks restitution
Nineteen poultry processors, including industry leader Tyson Foods, are accused of conspiring to fix chicken prices in a lawsuit filed by Washington State Attorney General Bob Ferguson. The suit asks for restitution for Washington consumers that could potentially run into the millions of dollars.
Koch Foods indicted as part of poultry price-fixing conspiracy
A federal grand jury in Denver indicted Koch Foods, the fifth-largest U.S. poultry processor, for taking part in a nationwide conspiracy to fix prices and rig bids for poultry products, announced the Justice Department on Thursday.
Tyson to pay $221.5 million to settle price fixing claims
The largest U.S. poultry producer, Tyson Foods, said on Wednesday it would pay $221.5 million to settle antitrust litigation that accuses it of price fixing in the sale of broiler chicken meat.
Pilgrim’s to pay $110.5 million fine in U.S. price-fixing investigation
The second-largest poultry processor in the country, Pilgrim's Pride Corp., said on Wednesday that it will pay a $110.5 million fine as part of a plea agreement with the Justice Department, which is investigating price fixing in broiler chicken products. Pilgrim's announced the plea deal one week after a second former chief executive was indicted on charges of being part of a multiyear conspiracy among industry executives to rig bids and fix prices. (No paywall)
U.S. price-fixing investigation tags another Pilgrim’s Pride chief
A federal grand jury indicted former chief executive William Lovette of Pilgrim's Pride, one of the largest U.S. poultry processors, and five other industry executives on charges of conspiring to fix prices and rig bids for broiler chicken products, announced the Justice Department on Wednesday.
Poultry execs indicted for price fixing
A federal grand jury indicted four poultry industry executives on a charge of conspiring to fix prices and rig bids for broiler chickens, announced the Justice Department on Wednesday. The charges were the first in "an ongoing federal antitrust investigation into price-fixing, bid rigging, and other anticompetitive conduct in the broiler chicken industry," it said.
Judge will give DOJ more time to build case in poultry price-fixing suit
The District Court judge overseeing a massive price-fixing lawsuit against chicken companies said on Wednesday that he would extend a stay of discovery in that case to make way for a criminal investigation by the Department of Justice.