Tyson says its being investigated, likely over price fixing

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     (AP) – Tyson Foods says it's being investigated by the Securities and
Exchange Commission, likely in connection over lawsuits alleging that the
poultry company and others engaged in price fixing activities.
     The Springdale, Arkansas company says in a regulatory filing that it received
a subpoena from the SEC on Jan. 20. It says it is cooperating with the
investigation, which is in an "early stage."
     Based on the limited information it has, Tyson said it believes the
investigation is related to the allegations that the company and other chicken
companies violated antitrust laws. A class-action lawsuit filed in September had
said Tyson and others conspired to fix, raise and maintain the price of broiler
chickens.
     A representative for the Securities and Exchange Commission declined to
comment.

   

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