The Wall Street Journal on Jan. 12 reported another Pilgrim’s Pride of settlement of $110.5 million for alleged price fixing and corruption. This comes after the company last fall announced a plea deal in the Justice Department’s criminal price fixing case.
Under that deal, Pilgrims agreed to pay a $110.5 million penalty. That comes to almost $200 million in fines in two years because of alleged management corruption.
Residents of Gadsden and Etowah County should keep this corporate culture in mind when reading the Pilgrim’s Pride attack advertisements focused on owners of industries on Steele Station Road. These attack ads are printed daily in the Gadsden Times and paid for by Pilgrim’s Pride and Growing Gadsden.com.