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Which company will face the next major price-fixing lawsuit in the seafood industry by end of 2024?
2
Resolution / Starting Odds
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Chicken of the Sea • 25%
Thai Union Group • 25%
Other • 25%
Court records and legal filings
Story
StarKist and Dongwon Settle Tuna Price-Fixing Lawsuits for $200 Million
Aug 14, 2024, 04:06 PM
Seafood giant StarKist, along with its parent company Dongwon Industries and private equity firm Lion Capital, has agreed to pay $200 million to settle U.S. class action lawsuits. These lawsuits claimed that StarKist, Dongwon, and Lion Capital overcharged consumers and other purchasers of packaged tuna. The settlement resolves allegations of price-fixing in the packaged tuna market. Despite agreeing to the settlement, the defendants have denied any wrongdoing in these antitrust cases.
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