The DOJ is reportedly probing Tyson and other major processors over poultry price-fixing claims — and chicken stocks are sinking (TSN)
|06/25/2019||Posted by BusinessMediaguide.Com under General World News||
- The US Department of Justice reportedly launched a probe Tuesday into claims over whether major chicken producers like Tyson Foods, Pilgrim’s Pride, and Sanderson Farms fixed prices.
- Tyson shares fell as much as 4.2% after Bloomberg reported the DoJ’s probe, citing a court filing.
- Visit Markets Insider’s homepage for more stories.
Shares of the major US chicken processors fell sharply Tuesday afternoon after Bloomberg reported the Department of Justice opened a criminal investigation into claims over whether companies including Tyson Foods, Pilgrim’s Pride, and Sanderson Farms conspired to fix poultry prices.
The probe was disclosed Friday in read more >>>