A U.S. magistrate in Texas has awarded nearly $26 million in damages to 91 Arkansas poultry producers who supplied Pilgrim's Pride. In 2009, the producers filed suit when Pilgrim's Pride closed a chicken processing plant in El Dorado, Arkansas.The Magistrate ruled the move was made in an effort to affect the national supply and prices of chicken. The ruling stated that it was a violation of the Packers and Stockyards Act and that the growers were directly affected by the decision to close the plant instead of sell it.
In 2008, Pilgrim's Pride filed for bankruptcy protection.
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Posted 10/4/2011
Posted 10/4/2011
