SHAREHOLDER ALERT: Pomerantz Law Firm Investigating Claims on Behalf of Pilgrim’s Pride Corporation Investors – PPC

NEW YORK, NY/ACCESSWIRE/March 6, 2022/ Pomerantz LLP Investigating Claims on Behalf of Pilgrim’s Pride Corporation Investors (“Pilgrim’s Pride” or the “Company”) (NASDAQ: PPC). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

The investigation focuses on whether Pilgrim’s Pride and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.

[Click here for information about joining the class action]

On March 4, 2022, the the wall street journal published an article titled “Chicken Companies Were Asked About Sharing of Employment Practices,” reporting that the U.S. Department of Justice (“DOJ”) has launched a civil antitrust investigation to determine “whether the poultry companies engaged in anti-competitive practices who withheld plant workers’ wages, according to people familiar with the matter.” The article named Pilgrim’s Pride, among other poultry processors, as involved in the DOJ investigation. At this news, Pilgrim’s Pride stock price fell sharply during intraday trading on March 4, 2022.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris and Tel Aviv, is recognized as one of the leading firms in the areas of corporate litigation, securities and antitrust. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he established, fighting for the rights of victims of securities fraud, breaches of fiduciary duty and corporate misconduct. The firm recovered numerous multimillion-dollar damages on behalf of class members. See www.pomlaw.com.

THE SOURCE: Pomerantz LLP

See the source version on accesswire.com:
https://www.accesswire.com/691777/SHAREHOLDER-ALERT-Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-Pilgrims-Pride-Corporation–PPC

About Scott Bridges

Check Also

PPC Renewables invites tenders for the construction of the largest solar power plant in Greece

PPC Renewables has launched a call for tenders from contractors to build a solar power …