Levi & Korsinsky, LLP announces the commencement of a class action lawsuit in the USDC for the District of Colorado, Denver Division, on behalf of shareholders of Pilgrim’s Pride Corporation (“Pilgrim’s Pride” or the “Company”) (NASDAQ: PPC) who purchased shares between February 21, 2014 and October 6, 2016.
The complaint alleges that during the Class Period Pilgrim’s Pride made false and/or misleading statements and/or failed to disclose that: (i) Pilgrim’s Pride systematically colluded with several of its industry peers to fix prices in the broiler-chicken market; (ii) the foregoing constituted a violation of federal antitrust laws; (iii) consequently, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Pilgrim’s Pride you have until December 19, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
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