U.S. Indicts Four Chicken Executives, Alleges Price Fixing

12:24PM Jun 03, 2020
Pilgrim's Pride Natural Chicken
The four executives include Jayson Penn, the president and CEO of Pilgrim’s Pride Corp, which is mostly owned by JBS USA Inc.
( Bloomberg )

Federal authorities have indicted four officials from two chicken companies for allegedly fixing prices and rigging bids for broiler chickens across the United States, the U.S. Department of Justice said in a statement on Wednesday.

The four executives include Jayson Penn, the president and CEO of Pilgrim’s Pride Corp, which is mostly owned by JBS USA Inc, as well as another executive at the Colorado chicken supplier, according to the statement. Two executives from a Georgia broiler chicken producer were also indicted.