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Seafood giant StarKist, its parent Dongwon Industries and private equity firm Lion Capital, have agreed to pay $200 million to settle class actions claiming they overcharged consumers and other purchasers of packaged tuna. Subscribe to The Daily Docket: https://t.co/BA6OgOU08N https://t.co/6sXolFTQHx
Two groups of buyers accusing major canned tuna producers of price-fixing have asked a California federal judge to give the first seal of approval to settlements totaling more than $168 million in cash, plus $26 million in packaged tuna products. https://t.co/5MjgtbuYVx
StarKist, its parent Dongwon and Lion Capital agreed to pay $200 million to settle lawsuits claiming they overcharged consumers and other purchasers of packaged tuna. A preliminary consumer settlement requires approval by District Judge Dana Sabraw https://t.co/sdIO99Vi9u https://t.co/oKIzLzDWjx
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.
