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Pilgrim's Pride CEO Pleads Not Guilty in Poultry Price-Fixing Case

Jun 07, 2020 at 07:05 AM CST
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 and other buyers.