News
Chicken execs indicted in alleged price fixing
Some of the biggest names in the poultry industry are facing price fixing allegations.
Thursday, June 4th 2020, 2:13 PM CDT
Updated:
Some of the biggest names in the poultry industry are facing price fixing allegations.
A federal grand jury indicted senior executives from two major US chicken producers Wednesday.
Those charged include Pilgrim's Pride CEO Jayson Penn and its former Vice President Roger Austin.
As well as Claxton Poultry Farms President Mikell Fries and Vice President Scott Brady.
They are being accused of conspiring to fix prices and rig bids on "broiler chickens."
Those are the chickens sold to grocery stores and restaurants.
If convicted, the men could face a statutory maximum penalty of 10 years in prison and a $1 million fine.
This case is part of an ongoing justice department investigation of alleged anticompetitive behavior in the chicken industry.
