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PPC.US
id: 1430

Pilgrim's Pride Corporation (PPC) Investor Settlement

Late claims are being considered for compensation, subject to approval.
$41,500,000
Cash Settlement
D. Colorado
Court
1:16-cv-02611
Case number
02/21/2014
Class period Start
11/17/2016
Class period End
05/27/2025
Claim deadline
Pilgrim's Pride has reached a settlement with $PPC investors over claims of manipulating poultry pricing through coordinated supply restrictions and production cuts.
Case Status
Accepting Late Claims
Alleged Offence
Fraud, 
Price manipulation
Suspected Party
Directors, 
Management
Security Type
Stocks
Trade Direction
Long
Payout per Share
0.59
Filing date
10/20/2016
Lead Plaintiff Deadline
12/19/2016
Plaintiffs
George James Fuller
Attorneys
Kessler Topaz Meltzer & Check, LLP
Defendants
William W. Lovette; Fabio Sandri
Judge
Kathleen M. Tafoya
Administrator
Kroll
Court hearing date
06/17/2025
Exclusion deadline
05/27/2025
Objection deadline
05/27/2025
Attorney fee
$14,258,333
Trades matching type
FIFO

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Pilgrims Pride Corp

Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the Unite...

    Ticker
    PPC.US
    ISIN
    US72147K1088
    CIK
    0000802481
    Sector
    Consumer Defensive
    Industry
    Packaged Foods
    Country
    USA
    Address
    1770 Promontory Circle, Greeley, CO, United States, 80634-9038