Search results
Results from the WOW.Com Content Network
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 ...
After reaching legal resolutions with 15 major chicken producers and four big tuna companies — all accused of inflating and manipulating prices — Ferguson’s office is now returning $40.6 ...
A federal judge ordered StarKist Co. to pay a $100 million fine in a canned tuna price-fixing conspiracy.
In 2021, Ferguson sued multiple companies, alleging price-fixing conspiracies by chicken producers and major tuna companies. The cases against the tuna companies resulted in $4.7 million resolutions and $450,000 in sanctions. As of December 2023, resolutions of cases against chicken producers resulted in recovery of $35.5 million. [80]
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 ...
Proof that competitors have shared prices can be used as part of the evidence of an illegal price fixing agreement. [5] Experts generally advise that competitors avoid even the appearance of agreeing on price. [5] Since 1997, US courts have divided price fixing into two categories: vertical and horizontal maximum price fixing. [6]
If you’re eligible for any of the settlements below, be sure to file a claim before the settlement deadline. Check the dates carefully because some claims need to be filed during […]
In August 2007 British Airways (BA) was fined £121.5 million [45] for price-fixing. The fine was imposed by the Office of Fair Trading (OFT) after BA admitted to the price-fixing of fuel surcharges on long haul flights.