Sysco price-fixing settlements with Pilgrim's Pride unenforceable, US appeals court says
( February 5, 2026, 23:31 GMT | Official Statement) -- MLex Summary: Pilgrim's Pride did not reach an enforceable agreement with Sysco to settle US price-fixing claims over broiler chicken, beef and pork, according to a federal appeals court. The US Court of Appeals for the Seventh Circuit reversed a judgment in favor of Pilgrim against claims assigned to an entity owned by Sysco funder Burford Capital. “[T]he August and September 2022 exchanges and objective expressions of the parties show an agreement in principle on the most important terms but not all material terms, which the parties expected to and did continue to negotiate for months. When given the opportunity during oral argument, Pilgrim’s did not point us to a disputed issue of material fact in the record,” the court said.See attached file. ...
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