INVESTOR ALERT: Goldberg Law PC Announces an Investigation of Pilgrim’s Pride Corp. & Advises Investors with Losses to Cont...
October 07 2016 - 6:51PM
Business Wire
Goldberg Law PC (http://www.Goldberglawpc.com) announces that it
is investigating Pilgrim’s Pride Corporation (“Pilgrim’s Pride” or
the “Company”) (Nasdaq: PPC) concerning possible violations of
federal securities laws.
If you purchased or otherwise acquired Pilgrim’s Pride shares
and would like more information regarding the investigation, we
advise you to contact Michael Goldberg or Brian Schall, of Goldberg
Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067,
at 800-977-7401, to discuss your rights without cost to you. You
can also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The investigation concerns whether Pilgrim Pride and certain of
its officers and/or directors violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934. On October 7, 2016, Pivotal
Research downgraded its peer company Tyson Foods, Inc. from “buy”
to “sell,” due to fears of a class action against Tyson Foods,
Pilgrim’s Pride other peers over price collusion in the
broiler-chicken market. Allegedly, in 2008, Tyson Foods, Pilgrim’s
Pride, and several other companies conspired by sharing proprietary
data and reducing production to support prices. When this news was
announced, shares of Pilgrim’s Pride fell in value.
If you have any questions concerning your legal rights, please
immediately contact Goldberg Law PC at 800-977-7401, or visit our
website at http://www.Goldberglawpc.com, or email us at
info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161007005833/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comhttp://www.Goldberglawpc.com
Pilgrims Pride (NASDAQ:PPC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Pilgrims Pride (NASDAQ:PPC)
Historical Stock Chart
From Sep 2023 to Sep 2024