Grabar Law Office Investigates Claims on Behalf of Shareholders of Pilgrim's Pride Corporation (PPC)

Philadelphia, Pennsylvania--(Newsfile Corp. - April 5, 2023) - Grabar Law Office is investigating potential claims on behalf of Pilgrim's Pride Corporation (NASDAQ: PPC) shareholders. The investigation centers around whether certain directors and officers of Pilgrim's Pride breached fiduciary duties owed to Pilgrim's Pride and its shareholders.

Pilgrim's Pride has disclosed that "on February 9, 2022, the Company learned that the DOJ opened a civil investigation into human resources antitrust matters, and on October 6, 2022 the Company learned that the DOJ opened a civil investigation into grower contracts and payment practices. . . . The U.S. government's recent focus and attention on market dynamics in the meat processing industry could expose PPC to additional costs and risks."

Current long-term Pilgrim's Pride shareholders may be able to seek corporate reforms, the return of funds back to company coffers, and a court approved incentive award if appropriate at no cost to them.

If you would like to learn more at no cost to you, you are encouraged to visit https://grabarlaw.com/the-latest/pilgrims-pride-shareholder-investigation/, contact us at jgrabar@grabarlaw.com or call Joshua Grabar at 267-507-6085.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/161378