PHILADELPHIA, July 17,
2024 /PRNewswire/ -- The following statement is
being issued by the Kroll Settlement Administration regarding the
Packaged Seafood Products Antitrust Litigation.
What is this about?
The lawsuit, known as In Re: Packaged Seafood Products
Antitrust Litigation, No. 15-MD-2670-DMS (MSB), was filed in
the United States District Court
for the Southern District of California. This press release concerns the
Commercial Food Preparer Plaintiffs ("CFPs") action against
StarKist Co. and its parent company Dongwon Industries Co. Ltd
(collectively "StarKist"), and Lion Capital (Americas), Inc., Lion
Capital LLP, and Big Catch Cayman LP (collectively "Lion
Defendants"). The lawsuit alleges that StarKist, DWI,
and the Lion Defendants, along with the previously settled
Defendants, conspired to fix, raise, and maintain the prices of
Foodservice-Size Packaged Tuna Products and that this resulted in
purchasers paying more for these products than they otherwise would
have. While denying liability, StarKist and Lion Defendants have
agreed to their respective Settlements to avoid the time and
expense of legal proceedings.
Who is a CFP Class Member?
CFP Class Members:
- Purchased Foodservice-Size Packaged Tuna Products (40 oz.
or greater) directly from DOT Foods, Sysco, US Foods, Sam's Club,
Walmart, or Costco from June 1, 2011
through December 31, 2016; and
- Resided in the District of
Columbia, Arizona,
Arkansas, California, Florida, Iowa, Kansas,
Maine, Massachusetts, Michigan, Minnesota, Mississippi, Nebraska, Nevada, New
Hampshire, New Mexico,
New York, North Carolina, North Dakota, Oregon, Rhode
Island, South Carolina,
South Dakota, Tennessee, Utah, Vermont, West
Virginia, or Wisconsin at
the time of purchase.
What does the Settlement provide?
StarKist has agreed to provide a Settlement Fund of $3,600,000. The Lion Defendants have agreed to
provide a Settlement Fund of $275,000. Both Settlement Funds will provide
payments to CFP Class Members whose transactional purchase
histories are found in the Distributors' records and to CFP Class
Members who file valid claims, and it will be used to pay for
notice and Settlement Administration costs and expenses, CFP Class
Counsel fees and expenses, and CFP Class Representative Service
Awards.
What are your rights?
- If you received a postcard showing your qualifying purchase
value, then you will receive a pro rata share of the Net Settlement
Funds of the StarKist and Lion Settlements based on your
purchases. You do not need to resubmit your claim to receive your
money.
- If you received a postcard but it does not show a qualifying
purchase value, then you will receive no payment from
the StarKist or Lion Settlements, unless you successfully file
a claim, and will have no right to sue later for the claims
released by the StarKist or Lion Settlements.
- If you received a postcard showing your qualifying purchase
value but disagree with the listed value, you may file a dispute
and provide documentation of additional claims
by August 30, 2024.
- If you received a postcard showing that you do not have any
qualifying purchase value and you wish to participate, then you
must file a Claim by August 30,
2024.
- Object: Write to the Court about any aspect of either
Settlement. If you object to any aspect of either Settlement, you
must submit a written Objection by August
30, 2024.
- Go to a Hearing: Speak in Court about either Settlement.
If you object to any aspect of either Settlement, you must submit a
written Objection by August 30,
2024.
The Court will hold a hearing on November 15, 2024, to consider whether to
approve the Settlements. The hearing will be held in the United States District Court for the
Southern District of California,
before the Honorable Dana Sabraw, in the James M. Carter and Judith
N. Keep United States Courthouse,
333 West Broadway, San Diego, CA
92101 in Courtroom 13A at 1:30 pm or
such other judge assigned by the Court. You do not have to appear
at this hearing, but you may if you want to. This hearing date may
change without further written notice to you. Consult the
Settlement Website below or the Court docket in this case available
through Public Access to Court Electronic Records PACER
(http://www.pacer.gov),for updated information on the hearing date
and time. The Settlement Website will be updated as new or changing
information is received.
This is only a summary. Visit
www.PackagedSeafoodAntitrustCFPClass.com, call
1-833-927-0821 or write: Packaged Seafood Products Antitrust
Litigation – CFP Class, c/o Settlement Administration, P.O. Box
5324, New York, NY, 10150-5324
for additional information and details about the Settlements.
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content:https://www.prnewswire.com/news-releases/if-you-or-your-company-purchased-foodservice-sized-tuna-products-40-oz-or-larger-from-dot-foods-sysco-us-foods-sams-club-wal-mart-or-costco-between-june-1-2011-and-december-31-2016-you-may-be-affected-by-a-class-action-302197606.html
SOURCE Kroll Settlement Administration