Pilgrim's Pride Corp has been notified by the Department of Justice that a civil antitrust investigation has been initiated regarding anticompetitive sharing of employment practices and wage rates.
The investigation apparently arises from allegations that informal meetings occurred concurrently with an industry educational conference. It was alleged that wage rates and practices were discussed in closed session that could constitute an anticompetitive activity.
The Department of Justice has informed major integrators that documentation relating to employment conditions, wages and benefits must be preserved.