Pilgrim’s Pride to Appeal Ruling
Posted/updated on: October 7, 2011 at 10:31 am
MARSHALL — Pilgrim’s Pride is prepared to appeal a recent decision in Marshall federal court in which a judge ruled the company must pay $26 million. According to KETK and the Longview News-Journal, the company was found guilty of manipulating the price of chicken in 2009. The most damaging evidence against the company came from an e-mail that stated the sale of one processing plant would “foil their plans” to restrict chicken and increase prices. Individual growers could get up to $700,000 from the ruling.
