$PPC (PILGRIMS PRIDE) — 8-K: Pilgrim’s Pride reaches $31,000,000 settlement in Delaware stockholder action

The proposed settlement would resolve derivative and class claims for $31,000,000 in cash, with the recovery paid to Pilgrim’s Pride rather than directly to individual stockholders. The action covers holders of Pilgrim’s Pride common stock issued and outstanding between September 1, 2024 and December 30, 2024, as well as current stockholders with respect to derivative claims. No stockholder action or proof of claim is required.

The proposed settlement would resolve derivative and class claims for $31,000,000 in cash, with the recovery paid to Pilgrim’s Pride rather than directly to individual stockholders. The action covers holders of Pilgrim’s Pride common stock issued and outstanding between September 1, 2024 and December 30, 2024, as well as current stockholders with respect to derivative claims. No stockholder action or proof of claim is required.