Tyson, Perdue Farms Under Investigation Over Disturbing Child Labor Allegations
Portfolio Pulse from Benzinga Neuro
The U.S. Labor Department is investigating Tyson Foods (NYSE:TSN) and Perdue Farms over allegations of child labor violations. The probe was triggered by a New York Times Magazine article detailing the employment of migrant children as young as 13 in overnight shifts at the companies' plants in Virginia. Both Tyson and Perdue have denied knowledge of children working in their plants and pledged to cooperate with the investigations.

September 24, 2023 | 12:56 pm
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Tyson Foods is under investigation for alleged child labor violations. The company has denied knowledge of the issue and pledged to cooperate with the investigation.
The investigation into alleged child labor violations could potentially harm Tyson Foods' reputation and lead to legal and regulatory consequences. This could negatively impact the company's stock price in the short term.
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