Bumble Bee CEO indicted for tuna value fixing (News)

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Might 16 () — A federal grand jury indicted Bumble Bee Meals CEO Christopher Lischewski for collaborating in a conspiracy to repair costs for packaged seafood.

The U.S. Division of Justice alleged Tuesday that Lischewski conspired with rival seafood firms to artificially inflate tuna costs.

“This indictment demonstrates the private accountability of senior management at companies,” Particular Agent in Cost John F. Bennett mentioned. “The FBI and the Division of Justice will maintain company leaders accountable for prison actions that defraud American households.”

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Earlier this month Bumble Bee agreed to plead responsible and to pay a prison superb of not less than $25 million because of the federal government’s ongoing investigation.

The San Diego-based firm additionally agreed to cooperate with the Antitrust Division’s ongoing investigation involving packaged seafood.

“The Antitrust Division is dedicated to prosecuting senior executives who unjustly revenue on the expense of their prospects,” Assistant Legal professional Common Makan Delrahim mentioned. “American shoppers deserve free enterprise, not mounted costs, so the Division is not going to tolerate crimes just like the one charged in at the moment’s indictment.”

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Lischewski is the fourth particular person to be charged within the investigation. Final 12 months, two executives pleaded responsible to cost fixing with Dongwan Enterprise-owned StarKist and Tri-Union Seafoods, the proprietor of Hen of the Sea.

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