Pilgrim’s Pride Corporation (NASDAQ: PPC) is one of the world’s largest poultry producers that is recognized for producing high-quality, affordable and wholesome fresh, frozen, and value-added chicken products to consumers, retailers, distributors and foodservice operators around the globe.
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At Pilgrim’s, we believe in providing investors and shareholders with accurate, updated information about the company and our financial results. Visit Pilgrim’s Investor Relations to find out how you can partner with us.
Notice of Proposed Derivative Settlement
On October 3, 2019, Pilgrim’s Pride Corporation entered a settlement agreement with certain stockholder plaintiffs, JBS S.A. and its affiliate, and certain Pilgrim’s Pride directors to resolve claims brought on behalf of Pilgrim’s Pride relating to its acquisition of Moy Park. You can read more about the proposed settlement and the rights of stockholders in the proposed settlement in the Notice and Stipulation which you can access at the links below.