Bumble Bee Foods president, CEO indicted for price fixing

Bumble Bee Foods president, CEO indicted for price fixing

WASHINGTON – The president and CEO of Bumble Bee Foods was indicted by a federal grand jury for taking part in a conspiracy to repair costs for packaged seafood bought within the United States, the Department of Justice introduced Wednesday.

Christopher Lischewski is accused of taking part within the conspiracy from round November 2010 to December 2013.

“The Antitrust Division is committed to prosecuting senior executives who unjustly profit at the expense of their customers,” mentioned Assistant Attorney General Makan Delrahim, of the Justice Department’s Antitrust Division. “American consumers deserve free enterprise, not fixed prices, so the department will not tolerate crimes like the one charged in today’s indictment.”

“This indictment demonstrates the personal accountability of senior leadership at corporations,” particular agent in cost John F. Bennett mentioned. “The FBI and the Department of Justice will hold corporate leaders accountable for criminal actions that defraud American families.”

Lischewski is accused of agreeing to repair the costs of packaged seafood throughout conferences and different communications. The co-conspirators issued price bulletins and pricing steerage in accordance with these agreements, officers mentioned.

Bumble Bee has already pleaded responsible and been sentenced to pay a felony nice of a minimum of $25 million because of the federal government’s ongoing investigation.

Lischewski is the fourth particular person to be charged within the ongoing investigation into the packaged seafood business, which is being performed by the Antitrust Division’s San Francisco Office and the FBI’s San Francisco Field Office.

Copyright 2018 by WDIV ClickOnDetroit – All rights reserved.

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