chicken of the sea

  • United States Nov 22, 2019

    Tuna Maker Bumble Bee Foods Files for Bankruptcy

    Tuna maker Bumble Bee Foods said Thursday that it has filed for Chapter 11 bankruptcy protection, with an agreement from Taiwan-based FCF Fishery, its largest creditor, to purchase its assets for roughly $925 million. The bankruptcy proceedings are meant to reduce Bumble Bee’s debt burden caused by “recent and significant legal challenges” and help facilitate the sale. In 2017, the...

  • San Diego Oct 19, 2018

    StarKist Admits Fixing Tuna Prices, Faces $100 Million Fine

    StarKist Co. agreed to plead guilty to a felony price fixing charge as part of a broad collusion investigation of the canned tuna industry, the U.S. Department of Justice announced Thursday. The DOJ said StarKist faces up to a $100 million fine when it is sentenced. Prosecutors allege that the industry’s top three companies conspired between 2010 and 2013 to...

  • attorney May 17, 2018

    Bumble Bee CEO Indicted on Charge He Fixed Canned Tuna Price

    U.S. prosecutors filed a criminal charge Wednesday against the CEO of Bumble Bee Foods as part of an ongoing investigation into price fixing in the packaged seafood industry.

  • Associated Press Oct 6, 2017

    US Customs Vows to Block Imports Made by North Korea Workers

    U.S. Customs and Border Protection says it is ready to block U.S. imports of seafood — as well as any other goods — produced by North Korean laborers who work in China. An Associated Press investigation tracked salmon, squid and cod processed by North Koreans working at Chinese factories and shipped to American stores, including Walmart and ALDI. The North...

  • Donald Trump Oct 4, 2017

    North Korean Workers Prepare Seafood for US Stores, Restaurants

    The workers wake up each morning on metal bunk beds in fluorescent-lit Chinese dormitories, North Koreans outsourced by their government to process seafood that ends up in American stores and homes. Privacy is forbidden. They cannot leave their compounds without permission. They must take the few steps to the factories in pairs or groups, with North Korean minders ensuring no...

  • California May 9, 2017

    Bumble Bee Foods Fined $25 Million, Admits Price Fixing

    Tuna-canning company Bumble Bee Foods has agreed to pay a $25 million fine after pleading guilty to conspiring with competitors to fix prices, the U.S. Department of Justice said Monday. The San Diego-based company will also cooperate with an ongoing antitrust investigation into the packaged seafood industry, the federal agency said. The fine will increase to $81.5 million if the...

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