StarKist Reaches Deal with Buyers Over Tuna Price-Fixing Claims

June 26, 2024, 4:27 PM UTC

StarKist Co. and the former owner of Bumble Bee Foods LLC have reached a settlement with tuna buyers before a trial over antitrust claims of an alleged scheme to fix canned tuna prices.

StarKist along with its parent company, Dongwon Industries Co., Ltd., and Lion Capital, which owned Bumble Bee before its 2019 bankruptcy, have settled suits with direct tuna purchaser plaintiffs and end-payor plaintiffs, according to a Tuesday filing in the US District Court for the Southern District of California.

Magistrate Judge Michael S. Berg ordered the plaintiffs to file motions for preliminary approval of the settlement no later ...

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