Bumble Bee pleads guilty in $25M price-fixing case

Posted online May 9, 2017 | 11:40 am

Seafood distributor Bumble Bee Foods LLC pleaded guilty to conspiring with other companies to fix prices of canned and pouch tuna.

The company agreed to pay a minimum of $25 million. The fine could increase to $81.5 million if Bumble Bee sells.

"Companies small and large hold a great deal of the American peoples' trust and this type of unfair, greedy behavior will not be tolerated," said John Bennett, special agent in the FBI's San Francisco division.

Read more from New York Daily News.

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