KSF News, Updates, & Insights

Final Approval of $41.5 Million Settlement Granted in Pilgrim’s Pride Securities Litigation

On June 17, 2025, the Hon. R. Brooke Jackson approved a $41.5 million settlement of the Class’s claims in In re Pilgrim’s Pride Corporation Securities Litigation, No. 1:16-cv-02611-RBJ (D. Col.). Represented by Lead Counsel KSF, Lead Plaintiff brought securities fraud claims based on Defendants’ allegedly false and misleading statements about the competitiveness of the broiler chicken industry, all while Defendants were allegedly involved in an illegal price-fixing scheme.

KSF achieved the exceptional result for the Class after nearly a decade of hard-fought litigation, including a successful appeal to the Tenth Circuit.