• Feds indict execs from chicken companies Pilgrim’s Pride, JBS USA for price-fixing

    Feds indict execs from chicken companies Pilgrim’s Pride, JBS USA for price-fixing

    The chief executive of Pilgrim’s Pride Corp, a major US poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the Justice Department said on Wednesday. Pilgrim’s Pride shares fell more than 10 percent, to $18.70, during afternoon trading. A grand jury …