BALA CYNWYD, PA -- (Marketwire) -- 11/03/08 -- Law offices of Brodsky & Smith, LLC announces that a class action lawsuit has been filed on behalf of all persons who purchased the common stock of Pilgrim's Pride Corporation ("Pilgrim's Pride" or the "Company") (NYSE: PPC) between May 5, 2008 and September 24, 2008 (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Eastern District of Texas.

The Complaint alleges that defendants violated federal securities laws by issuing a series of material misrepresentations to the market, thereby artificially inflating the price of Pilgrim's Pride.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you are a Pilgrim's Pride shareholder you have certain rights. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you want to discuss your legal rights, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Evan J. Smith, Esquire or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.