May 17, 2018 — The CEO of Bumble Bee Foods faces up to 10 years in prison on charges he conspired to illegally set prices on canned tuna in the United States.

A federal grand jury on Wednesday 16 May indicted Christopher Lischewski on a single count of price fixing. He is scheduled to be arraigned on 29 May in U.S. District Court in San Francisco, California.

According to the indictment, Lischewski “knowingly joined and participated” in a conspiracy to suppress and eliminate competition by fixing prices on packaged seafood sold in America. He and other unnamed co-conspirators held meetings and exchanged information on not just pricing data but sales, supply, demand, and production.

Read the full story at Seafood Source