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Bumble Bee Private Equity Owners Beat Tuna Price-Fixing Claims

Jan. 30, 2020, 3:40 PM

Bumble Bee Foods LLC’s private equity owners, Lion Capital LLC and Big Catch Cayman LP, won dismissal of price-fixing claims after the Southern District of California found no evidence they were involved in the alleged conspiracy.

The plaintiffs failed to show how Lion Capital, through the actions of its managing partner, participated in the alleged conspiracy, the U.S. District Court for the Southern District of California said Wednesday.

Claims against Big Catch as the alter ego of Lion Capital must therefore be dismissed too, the court said.

A Lion Capital employee’s email to the company’s managing partner saying StarKist was ...