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Tyson Foods hits record high after beating estimates, prepares for China profit boost | Reuters

The Justice Department said in June it launched a criminal probe related to price-fixing allegations against Tyson and other poultry processors, which the companies have denied.

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Tyson subsequently received a grand jury subpoena from the Justice Department “seeking additional documents and information related to the chicken industry,” the company said in a regulatory filing on Monday. Tyson said it is cooperating with the probe. (bit.ly/2yB9YzI)

Puerto Rico, on behalf of its citizens, has also launched a civil lawsuit against Tyson and other poultry processing companies that alleges antitrust violations, according to the filing.

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Tyson Foods hits record high after beating estimates, prepares for China profit boost – Reuters.

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