Law

In an updated lawsuit, Washington State is asking for compensation from the tuna giants. A U.S. District Court judge in December imposed a $100 million fine against StarKist, the maximum allowed under federal law. The same judge had imposed a $25 million fine on BumbleBee in 2016. Meanwhile, Bumble Bee paid more than $3 million in fines in 2017 and sought bankruptcy protection, but it still faced additional lawsuits from customers and Walmart.

In the U.S., the Starkist Company is being sued for illegally “slack-filling” cans of processed tuna.

The plaintiff claims the cans contained significantly less drained fish than the label indicated. He also claimed that he would not have purchased the cans if he knew they were overstating the weight of the fish. In addition, the company has faced previous legal actions related to slack-filling canned products, including a 2010 civil case.

While Del Monte owned StarKist when the alleged price-fixing plot began, Dongwon bought a majority stake in the company for $363 million in 2008. The Korean-owned company replaced StarKist’s U.S. executives and top employees with Dongwon loyalists and restructured the business to become a global tuna giant. In 2017, the StarKist legal team filed a motion to dismiss the case and to seek a lighter fine.

In the latest StarKist tuna lawsuit update 2017, the settlement amounts decreased to just USD 2.38 per individual.

This decrease is because more than 2.5 million people signed up. If the verdict is upheld, StarKist may seek bankruptcy protection. Nonetheless, the company is facing potential litigation in the U.S., and a fine of $100 million would push it into bankruptcy. This is a disappointing outcome for StarKist’s consumers.

While the lawsuit has been largely resolved, the company still faces a few legal hurdles. The company pleaded guilty to the charges of price-fixing, which included stealing money from customers. The fine was reduced from USD 1.1 billion to USD 50 million. The fine is imposed on the company to pay a criminal fine of USD 100 million. However, the case continues. The settlement is final, which means that it is the only viable option for StarKist to fight this case.

The company has been convicted of wrongful behavior and has pleaded guilty to the charges.

A judge has ruled that StarKist did not violate federal law. It also argued that the fine was too large for its shareholders. A higher fine could lead to its bankruptcy, so the company has decided to appeal it. If the case is upheld, the sentence will be upheld. The company’s lawyers plan to file for bankruptcy, but they are in the process of preparing a motion to dismiss the conviction.

Assuming StarKist is guilty of the charges, it will pay a criminal fine of at least USD 100 million. This is the amount that it has paid in the past. The fines were cut by 31%. The company was also forced to pay a hefty civil penalty of USD 400 million. The total amount that the company will pay will be based on the value of the profits. A jury can determine whether StarKist has violated the law, but a lower amount of money will have the same impact on their financial future.

The StarKist tuna lawsuit claims that the company illegally slack-filled canned tuna.

In the past, the company has been accused of slack-filling canned products. A judge imposed a criminal fine of USD 100 million on the firm but has decided to allow StarKist to appeal the fine. The judge has decided on a lower amount of the penalty, but the fine has not yet been set in stone.

At the time of the alleged price-fixing, StarKist was owned by Del Monte. In 2008, Dongwon bought the company for $363 million. In that year, it replaced many of the company’s U.S. executives and top employees with loyalists and shifted the company’s operations to the U.S. market. The U.S. government has now ordered the company to pay the criminal fine.

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