PPC Shareholder News: Johnson Fistel Encourages Shareholders with $20,000 in Losses to Contact the Firm Regarding Investigation
SAN DIEGO, March 5, 2022 (GlobeNewsWire)—
Shareholder rights law firm Johnson Fistel, LLP (www.JohnsonFistel.com) is investigating whether Pilgrim’s Pride Corporation (“Pilgrim’s Pride” or the “Company”) (NASDAQ: PPC), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focus on investors’ losses and whether they may be recovered under the federal securities laws.
What if I purchased Pilgrim’s Pride common stock? If you purchased Pilgrim’s Pride common stock and suffered significant losses on your investment, join our investigation now:
- Click [here] or paste the following web address into your browser to submit your losses: https://www.cognitoforms.com/JohnsonFistel/PilgrimsPrideCorporation2
- Or for more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471
There is no cost or obligation to you.
What is Johnson Fistel investigating? On March 4, 2022, the Wall Street Journal published an article entitled “Chicken Companies Were Asked About Sharing of Employment Practices.” The report stated that the U.S. Department of Justice (“DOJ”) has started a civil antitrust probe to determine “whether poultry companies have engaged in anticompetitive practices that held down plant workers’ wages, according to people familiar with the matter.” The article named Pilgrim’s Pride, among other poultry processors, as implicated in the DOJ’s investigation.
Following this news, Pilgrim’s stock closed down 6.8% on March 4, 2022.
What if I have relevant nonpublic information? Individuals with nonpublic information regarding the company should consider whether to assist our investigation or take advantage of the SEC Whistleblower program. Under the SEC program, whistleblowers who provide original information may, under certain circumstances, receive rewards totaling up to thirty percent of any successful recovery made by the SEC. For more information, contact Jim Baker at (619) 814-4471 or jimb@johnsonfistel.com.
See the original press release [Here]
About Johnson Fistel, LLP. Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in securities class action and derivative lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, Lead Securities Analyst
Telephone: (619) 814-4471
Email: jimb@johnsonfistel.com