In re Packaged Seafood Products Antitrust Litigation
Published: Mar. 8, 2019 | Result Date: Jan. 25, 2019 | Filing Date: Dec. 9, 2015 |Case number: 3:15-md-02670-JLS-MDD Settlement – $20,500,000
Judge
Court
USDC Southern District of California
Attorneys
Plaintiff
Vineet Bhatia
(Susman Godfrey LLP)
Ryan V. Caughey
(Susman Godfrey LLP)
Neal S. Manne
(Susman Godfrey LLP)
Defendant
Alfred C. Pfeiffer Jr.
(Latham & Watkins LLP)
Christopher S. Yates
(Latham & Watkins LLP)
Belinda S. Lee
(Latham & Watkins LLP)
Niall E. Lynch
(Latham & Watkins LLP)
Ashley M. Bauer
(Latham & Watkins LLP)
Facts
Walmart filed a class action lawsuit against StarKist Co. in relation to price-fixing.
Contentions
PLAINTIFF'S CONTENTIONS: Walmart claimed StarKist conspired with two other packaged seafood producers to fix, raise, maintain, and/or stabilize prices in violation of the Sherman Antitrust Act. Specifically, Walmart claimed that StarKist agreed to decrease the size of its cans, agreed to collusive list price increases on canned tuna, and agreed to limit promotional activity, which increased its profits.
DEFENDANT'S CONTENTIONS: StarKist denied the contentions.
Result
Walmart and StarKist reached a settlement agreement for $20.5 million.
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