Dongwon chairman had direct control in price fixing say lawsuits
Dongwon Enterprise chairman Jae-chul Kim, a legend in the tuna sector, directly controlled US subsidiary and tuna brand Starkist Co during the years of the alleged price-fixing conspiracy, a new wave of class-action lawsuits against the big players in the sector claim. Two lawsuits filed on Aug. 29 by retailers Moran Foods and Dollar General Corporation and a third filed on August 30 from Krasdale Foods are the latest to make allegations that the involvement in a price fixing conspiracy went right to the top at the South Korean firm, which owns US-based Starkist via its Dongwon Industries operation. click here to read the story 18:00
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