Thai Union-owned Chicken of the Sea International (COSI) has finally reached a $13 million (€11 million) settlement agreement with a group of direct purchasers in class action lawsuit that alleges the company participated in a a price-fixing conspiracy in the packaged tuna industry with Bumble Bee and Starkist.
The plaintiffs--which include New York-based Olean Wholesale Grocery Cooperative and US retailer Piggly Wiggly--- submitted a summary of the $13 million agreement to California US District Judge Janis Sammartino in March, as well as a motion to approve the settlement, which has followed "nearly six years of hard-fought litigation."
