The chief executive of Pilgrim’s Pride pleaded not guilty to federal charges that he conspired to fix chicken prices
The chief executive of Pilgrim’s Pride Corp. pleaded not guilty to federal charges that he conspired to fix chicken prices, while a judge barred him from contacting poultry buyers allegedly victimized by the scheme.
Jayson Penn, CEO of the second-largest U.S. chicken processor, entered the plea in a federal court in Colorado on Thursday. He and three other U.S. poultry industry executives were indicted Wednesday by the Justice Department for allegedly coordinating chicken pricing-strategies in negotiations with restaurants...
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