BENSALEM, Pa.–(BUSINESS WIRE)–$PPC #fraud–Law Offices of Howard G. Smith continues its investigation on behalf of Pilgrim’s Pride Corporation (“Pilgrim Pride” or the “Company”) (NASDAQ: PPC) investors concerning the Company and its officers’ possible violations of federal securities laws.
On June 3, 2020, The Wall Street Journal reported that Pilgrim Pride’s Chief Executive Officer and others had been indicted “for allegedly conspiring to fix prices on chickens sold to restaurants and grocery stores.”
On this news, the Company’s share price fell $2.58, or over 12%, to close at $18.29 per share on June 3, 2020, thereby injuring investors.
If you purchased Pilgrim Pride securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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