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Tyson, Pilgrim's Pride Strike Deal To Settle Price-Fixing Allegations
Tuesday, January 12, 2021 - 12:10pm | 344Chicken producers Tyson Foods, Inc. (NYSE: TSN) and Pilgrim's Pride Corporation (NASDAQ: PPC) reached an agreement with poultry buyers to settle allegations of price-fixing, The Wall Street Journal reported. What Happened: Tyson, the largest U.S. chicken supplier and Pilgrim, the second-largest...
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Tyson Says It's 'Fully Cooperating' Amid Price Fixing Probe: WSJ
Thursday, June 11, 2020 - 9:49am | 316Tyson Foods, Inc. (NYSE: TSN) confirmed it will cooperate with a U.S. Justice Department investigation related to price-fixing, The Wall Street Journal reported on Wednesday afternoon. What Happened: Tyson received a grand-jury subpoena in mid-2019 and discovered some of its own employees were...
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Novartis' Sandoz To Pay $195M For Price-Fixing
Tuesday, March 3, 2020 - 12:31am | 382Pharmaceutical giant Novartis AG's (NYSE: NVS) subsidiary Sandoz Inc. has agreed to pay $195 million in penalties to avoid facing criminal charges in a price-fixing case, the Justice Department announced Monday. What Happened The New Jersey-based pharmaceutical company was charged with...
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First Charges Filed in Generic Drug Price Probe: Connected Stocks Sell Off
Wednesday, December 14, 2016 - 2:32pm | 420The U.S. Justice Department accused two generic pharmaceutical executives of colluding with each other to fix prices. According to a Bloomberg report, Jeffrey Glazer, the ex-CEO Heritage Pharmaceuticals, and Jason Malek, an ex-president of the company, were accused of conspiring with executives at...
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Apple Pays Canadians to Read
Monday, April 23, 2012 - 9:42am | 390Canadians who bought an e-book from Apple could be rewarded for their purchase. Well, not exactly. But if the lawyers behind a new class action suit are successful, the Mac maker could be required to pay Canadian consumers who purchased a digital book from Apple (NASDAQ: AAPL) within the last 24...