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Investigation announced for Long-Term Investors in shares of Pilgrim’s Pride Corporation (NASDAQ: PPC)

10-22-2020 08:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Pilgrim’s Pride Corporation (NASDAQ: PPC) shares.

An investigation on behalf of current long term investors in Pilgrim’s Pride Corporation (NASDAQ: PPC) shares.

An investigation was announced over possible breaches of fiduciary duties by certain directors and officers of Pilgrim’s Pride Corporation.

Investors who are current long term investors in Pilgrim’s Pride Corporation (NASDAQ: PPC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: PPC stocks follows a lawsuit filed against Pilgrim’s Pride Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: PPC stocks, concerns whether certain Pilgrim’s Pride Corporation directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the District of Colorado the plaintiff alleges that, the defendants made false and/or misleading statements and/or failed to disclose that Pilgrim’s Pride and its executives had participated in an illegal antitrust conspiracy to fix prices and rig bids from at least as early as 2012 and continuing through at least early 2017, that Pilgrim’s Pride received competitive advantages, which persisted during the Class Period, from its anticompetitive conduct, and that as a result, the defendants’ statements about the Pilgrim’s Pride’s business, operations, and prospects lacked a reasonable basis.

Those who purchased shares of Pilgrim’s Pride Corporation (NASDAQ: PPC) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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