StarKist, Dongwon, Lion Settle Tuna Price-Fixing Cases for $200 Million

StarKist, its parent company Dongwon Industries, and private equity firm Lion Capital, which owns Bumble Bee Foods, have agreed to pay $200 million to settle U.S. class action lawsuits. These lawsuits claimed that the companies overcharged consumers and other purchasers for packaged tuna products. The defendants have denied any wrongdoing in these antitrust cases. The settlement includes $168 million in cash and $26 million in packaged tuna products. A preliminary consumer settlement requires approval by District Judge Dana Sabraw.