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US investigates tuna brands

DOJ: StarKist spent cash reserves seeking lower price-fixing fine

Prosecutors said StarKist is 'depleting its cash reserves by accelerating business-related expenditures in an attempt to avoid paying a guidelines fine'

By Jason Smith | May 24, 2019 18:42 BST
Starkist cans
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US prosecutors allege that major tuna canner StarKist & Co. depleted its cash reserves ahead of its pending sentencing on charges that the company engaged in a price-fixing scheme in order to qualify to pay a lower fine. [...]

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