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World Nov. 23, 2019 12:39 AM
Lischewski tells jury he had no knowledge of price-fixing

By Jason Smith

When Chris Lischewski's lawyer asked why his client pleaded not guilty to price-fixing charges, the former Bumble Bee Foods' CEO had a simple answer: 'Because I'm not guilty'

US investigates tuna brands Nov. 22, 2019 7:16 PM
Bumble Bee sale to FCF could leave US gov’t $56m short, civil litigants empty-handed  

By Tom Seaman

The proposed sale of Bumble Bee to FCF would mean the US government misses out on $56 million it would receive in a sale outside of a bankruptcy process, sources say

US investigates tuna brands Nov. 22, 2019 6:54 PM
Disruption in FCF supply to Bumble Bee would have ‘devastating effect’

By Tom Seaman

A disruption of supply from Taiwanese tuna giant FCF, which could happen if payments are not made, could be 'devastating' for the beleaguered Bumble Bee

US investigates tuna brands Nov. 21, 2019 8:22 PM
Bumble Bee files bankruptcy; document confirms pending sale to FCF

By Jason Smith

The filing lodged Nov. 21 lists Bumble Bee's assets in the range of $100m to $500m and liabilities ranging from $500m to $1 billion

US investigates tuna brands Nov. 21, 2019 8:42 AM
Ex-‘Chicken’ CEO claims he had ‘understanding’ with Bumble Bee’s Lischewski

By Jason Smith

The two men used to have an 'understanding' not to employ 'aggressive promotion' efforts to discount canned tuna, says Shue Win Chan

US investigates tuna brands Nov. 21, 2019 7:19 AM
Taiwan’s FCF is Bumble Bee ‘stalking horse’ with bankruptcy filing imminent

By Jason Smith and Tom Seaman

Undercurrent News was first to report Nov. 19 that FCF, among several other trade players, could be a logical buyer of Bumble Bee

US investigates tuna brands Nov. 19, 2019 6:57 PM
‘Stalking horse’ bidder lined up for Bumble Bee as part of likely bankruptcy filing

By Tom Seaman

A 'stalking horse' bidder, said to be an industry player, is lined up for Bumble Bee if -- or when, according to some -- the company goes into US Chapter 11, sources say

Policy Nov. 19, 2019 9:59 AM
Make-or-break tuna conference begins in Spain, bigeye stocks at center stage

This year's annual ICCAT conference will look to finally agree on reductions to crucial bigeye tuna quotas, having failed to do so last year

US investigates tuna brands Nov. 19, 2019 7:21 AM
Lischewski lawyer to ex-Bumble Bee exec: ‘Are you just making stuff up?’

By Jason Smith

Starkist's Stephen Hodge reportedly gave Bumble Bee's Ken Worsham a thumb drive with Starkist pricing data during a May 2, 2012, dinner at a steakhouse in La Jolla, California

US investigates tuna brands Nov. 16, 2019 4:59 PM
Newspaper: Bumble Bee prepares to file bankruptcy, put itself up for sale

By Jason Smith

US tuna canner Bumble Bee Foods is preparing to file for bankruptcy protection in the coming days, the Wall Street Journal reported

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