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The last of three companies involved, StarKist agreed to plead guilty to a felony charge of price fixing on canned tuna fish, according to documents filed with the U.S. District Court for the ...
StarKist Tuna is a brand of tuna produced by StarKist Co., an American company formerly based in Pittsburgh's North Shore [1] that is now wholly owned by Dongwon Industries of South Korea. It was purchased by Dongwon from the American food manufacturer Del Monte Foods on June 24, 2008, for slightly more than $300 million. [ 2 ]
Shutterstock Which is the best canned tuna? Chicken of the Sea, you say? For the next two months, at least, you might want to rethink that answer. You see, class action litigation "settlement ...
Washington also won $5.1 million from similar cases against big tuna companies — including a a $4.1 million resolution with StarKist, a $500,000 resolution with Chicken of the Sea, a $100,000 ...
In August 2015, Bumble Bee Foods was sued, accused of colluding with Chicken of the Sea and StarKist to fix prices. [6] Bumble Bee's former CEO, Christopher Lischewski, was indicted in May 2018 for price fixing. [7] After pleading not guilty he was found guilty of conspiring to fix prices of cans of tuna sold in the US from November 2010 to ...
Fisheries inspectors had found that StarKist tuna, processed by a New Brunswick plant, had spoiled, and declared that it was “unfit for human consumption.” [1] A St. Andrews, New Brunswick plant had processed the tuna, and the forced destruction of a million cans of tuna would likely cause the plant to close down. The owners of the plant ...
The payouts are the result of price-fixing lawsuits by the state against major producers of chicken and tuna. "My legal team took on two large corporate price-fixing conspiracies that increased ...
Dongwon is South Korea's largest fishing company and the owner of StarKist Tuna. [2] Kim Nam-jung, the son of Kim Jae-chul, serves as the current chairman and CEO of Dongwon Group. Korea Investment Holdings, one of Korea's largest financial companies, was a financial branch of Dongwon Chaebol. The firm is now owned and managed by Kim Nam-goo ...