{"id":392021,"date":"2020-12-02T12:58:10","date_gmt":"2020-12-02T17:58:10","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392021"},"modified":"2020-12-02T12:58:10","modified_gmt":"2020-12-02T17:58:10","slug":"scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/","title":{"rendered":"Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC"},"content":{"rendered":"

<\/p>\n

Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–Scott+Scott Attorneys at Law LLP<\/a> (\u201cScott+Scott\u201d), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of Pilgrim\u2019s Pride Corporation (\u201cPilgrim\u2019s Pride\u201d) (NASDAQ: PPC) breached their fiduciary duties to Pilgrim\u2019s Pride and its shareholders. If you are a Pilgrim\u2019s Pride shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com<\/a>.<\/b><\/p>\n

\nScott+Scott is investigating whether members of Pilgrim\u2019s Pride Board of Directors (the \u201cBoard\u201d) made, or caused Pilgrim\u2019s Pride to make, false and\/or misleading statements, as well as failed to disclose material adverse facts, about Pilgrim\u2019s Pride\u2019s business, operations, prospects, and financial health. Specifically, Scott+Scott is investigating whether the Board failed to disclose material information, including whether: (1) Pilgrim\u2019s Pride and its executives had participated in an illegal antitrust conspiracy to fix prices and rig bids from at least as early as 2012 and continuing through at least early 2017; (2) Pilgrim\u2019s Pride received competitive advantages, which persisted during the class period, from its anticompetitive conduct; and (3) as a result, statements about the Pilgrim\u2019s Pride\u2019s business, operations, and prospects lacked a reasonable basis.\n<\/p>\n

\nOn June 3, 2020, the United States Department of Justice announced criminal charges charging four executives in the chicken industry with criminal antitrust violations. The indictment alleged that these individuals, as well as other co-conspirators, violated the Sherman Act by \u201cparticipating in a continuing network of suppliers and co-conspirators, an understood purpose of which was to suppress and eliminate competition through rigging bids and fixing prices and price-related terms for broiler chicken products sold in the United States.\u201d\n<\/p>\n

\nOn this news, the price of Pilgrim\u2019s Pride common stock declined $2.58 per share, or approximately 12.4%, from a close of $20.87 per share on June 2, 2020, to close at $18.29 per share on June 3, 2020.\n<\/p>\n

What You Can Do<\/b><\/p>\n

\nIf you are a Pilgrim\u2019s Pride shareholder, you may have legal claims against Pilgrim\u2019s Pride\u2019s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com<\/a>.\n<\/p>\n

About Scott+Scott<\/b><\/p>\n

\nScott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.\n<\/p>\n

\nAttorney Advertising\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201202005837\/en\/<\/a><\/span><\/p>\n

Joe Pettigrew
\n<\/b>
Scott+Scott Attorneys at Law LLP
\n<\/b><\/a>
844-818-6982
\n<\/b>
jpettigrew@scott-scott.com<\/b><\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC NEW YORK–(BUSINESS WIRE)–Scott+Scott Attorneys at Law LLP (\u201cScott+Scott\u201d), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of Pilgrim\u2019s Pride Corporation (\u201cPilgrim\u2019s Pride\u201d) (NASDAQ: PPC) breached their fiduciary duties to Pilgrim\u2019s Pride and its shareholders. If you are a Pilgrim\u2019s Pride shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com. Scott+Scott is investigating whether members of Pilgrim\u2019s Pride Board of Directors (the \u201cBoard\u201d) made, or caused Pilgrim\u2019s Pride to make, false and\/or misleading statements, as well as failed to disclose material adverse facts, about Pilgrim\u2019s Pride\u2019s business, … <\/p>\n

Continue reading “Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392021","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nScott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC NEW YORK–(BUSINESS WIRE)–Scott+Scott Attorneys at Law LLP (\u201cScott+Scott\u201d), an international securities and consumer rights litigation firm, continues to investigate whether certain directors and officers of Pilgrim\u2019s Pride Corporation (\u201cPilgrim\u2019s Pride\u201d) (NASDAQ: PPC) breached their fiduciary duties to Pilgrim\u2019s Pride and its shareholders. If you are a Pilgrim\u2019s Pride shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com. 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If you are a Pilgrim\u2019s Pride shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com. Scott+Scott is investigating whether members of Pilgrim\u2019s Pride Board of Directors (the \u201cBoard\u201d) made, or caused Pilgrim\u2019s Pride to make, false and\/or misleading statements, as well as failed to disclose material adverse facts, about Pilgrim\u2019s Pride\u2019s business, … Continue reading \"Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-02T17:58:10+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201202005837r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC","datePublished":"2020-12-02T17:58:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/"},"wordCount":494,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201202005837r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/scottscott-attorneys-at-law-llp-continues-investigating-pilgrims-pride-corporations-directors-and-officers-for-breach-of-fiduciary-duties-ppc-2\/","name":"Scott+Scott Attorneys at Law LLP Continues Investigating Pilgrim\u2019s Pride Corporation\u2019s Directors and Officers for Breach of Fiduciary Duties \u2013 PPC - 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