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  • Emails between former Bumble Bee CEO, Costco part of federal price-fixing evidence

    planning to use for a criminal trial over the extent of his involvement in price-fixing tuna in the US market. A series of email, say the DOJ, provided evidence that allegedly reveal Lischewski's role in working with other canned tuna giants in selling fish caught using fish aggregating devices or FADs In a series of emails from January -February of 2012 the companies had discussions about sourcing tuna from FAD-free fisheries. The issue had gained

    Processor  intrafish.com 26 Aug 12:24 GMT

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    Seafood's high-profile legal cases and what's coming next

    There never seems to be a dull moment in the ever-evolving, ever-litigious seafood sector. From salmon and tuna price fixing to allegations of...a 10-year jail term for tuna price-fixing. The US Department of Justice (DOJ) is asking a federal judge to move forward with allowing communications that reveal a more intimate glimpse into the long-awaited criminal trial for the embattled former CEO and his involvement in a effort to fix canned tuna

    Tuna Trouble  intrafish.com 22 Aug 05:08 GMT

    Will Thai Union's $575 million investment in Red Lobster finally pay off?

    , particularly due to "the operational recovery from key investments, namely Red Lobster." Investors shaken by cost of Chicken of the Sea's price-fixing...Report: Canned tuna giant Bumble Bee mulling bankruptcy Red Lobster has been focusing on strengthening its position by increasing menu items and focusing

    NEWS  intrafish.com 19 Aug 06:40 GMT

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    Bumble Bee CEO allegedly told price-fixing co-conspirator: 'Don't f**k this up'

    the long-awaited criminal trial for embattled former Bumble Bee CEO Chris Lischewski's involvement in price-fixing tuna on the US market. Wealth..." "When the price of raw fish increased, defendant stood to gain from his SOPAC ownership interest," the DOJ said. "By raising the price of canned tuna...Bumble Bee pleading guilty to price-fixing and making a plea deal with the government agency "poses little risk of the jury inferring that defendant must

    Processor  intrafish.com 15 Aug 07:48 GMT

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    Report: Canned tuna giant Bumble Bee mulling bankruptcy

    guilty to fixing prices in the price-fixing case, which also involves canned tuna giants Starkist and Chicken of the Sea....US tuna giant Bumble Bee Seafood is considering filing for bankruptcy as it tries to repair the financial damage following its guilty plea to price-fixing charges and ongoing legal proceedings in the US tuna collusion case, reports Bloomberg. According to sources involved, the company is considering a

    Marketplace  intrafish.com 07 Aug 08:10 GMT

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    April's must-read seafood headlines: Salmon farming attacks; shrimp trade shifts; and tariff threats

    salmon producers who began to feel the pressure from not one, but three lawsuits against them for alleged price fixing in the US market. Whether it will go down the same track as the canned tuna industry lawsuits remains to be seen, but the effects of that are still playing out years later, so it.... 9. Norwegian salmon farming giants sued in US for price fixing Leading European salmon producers named in class-action lawsuit filed by US

    NEWS  intrafish.com 02 May 07:23 GMT

    Will Trump's DOJ come after salmon farmers for price fixing?

    by one company, expand into a laundry list of the country's largest retailers and restaurants as the canned tuna price-fixing case did? As you recall, the canned tuna price-fixing case began when Thai Union moved to acquire rival Bumble Bee in 2014, triggering DOJ oversight of the potential deal. The...hundreds of retailers, consumers and other canned tuna buyers. UPDATED: Norwegian salmon farming giants sued in US for price fixing In the case of

    Commentary  intrafish.com 24 Apr 20:36 GMT

    Chicken of the Sea settles with Target, Sysco, in tuna price fixing case

    Thai Union’s Chicken of the Sea reached an agreement with US companies Target, Sysco, and US Foods, resolving claims by the three parties that the seafood giant fixed prices for canned tuna. Many other parties, including consumers, are still suing Chicken of the Sea and other tuna companies, among them Bumble Bee Foods, for the plot in which it and other tuna giants inflated tuna prices. The documents filed to the US Court of the Southern District

    Tuna  intrafish.com 22 Mar 09:14 GMT

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    Bumble Bee, US Foods settle tuna price fixing lawsuit

    conspiracy to fix tuna prices. US Foods' suit was one of more than 70 accusing the “big three” US tuna companies — StarKist, Bumble Bee and Tri-Union Seafoods — of fixing the price of canned tuna in the United States. "Plaintiff US Foods, Inc. and Defendant Bumble Bee Foods, LLC have agreed to resolve...dismiss an ongoing class-action lawsuit filed by consumer, or end-payer, plaintiffs over the price-fixing scandal.

    Finance  intrafish.com 27 Feb 12:10 GMT

    Bumble Bee, Sysco settle tuna price fixing lawsuit

    widespread conspiracy to fix tuna prices. Sysco’s suit was one of more than 70 accusing the “big three” US tuna companies — StarKist , Bumble Bee and Tri-Union Seafoods — of fixing the price of canned tuna in the United States. "Plaintiff Sysco Corporation and Defendant Bumble Bee Foods, LLC have agreed to...Kist struck with Walmart in January to end the retail giant’s allegations that StarKist participated in the price-fixing scheme. Chicken of the Sea also

    Marketplace  intrafish.com 18 Feb 23:54 GMT