The U.S. Supreme Court on Monday declined to hear a bid by StarKist Co, owned by South Korea's Dongwon Industries , to avoid a lawsuit by tuna buyers accusing it of fixing prices.
Nov 14 - The U.S. Supreme Court on Monday declined to hear a bid by StarKist Co, owned by South Korea's Dongwon IndustriesThe justices turned away StarKist's appeal of a lower court's decision that let three groups of tuna purchasers receive class action status to jointly sue the canned tuna company even though a large number of buyers may not have been overcharged and injured by the price fixing.
The Reston, Virginia-based company, which produces StarKist Tuna, had asked the Supreme Court to consider whether plaintiffs could still win class action status in cases in which some of the members of the class were not injured by a company's alleged wrongdoing. Class action status allows a few plaintiffs to litigate on behalf of a much larger group rather than forcing individuals to litigate separately. Businesses fight to avoid cases winning class action status, which can expose them to massive potential damages and create pressure to settle.
In 2019, a trial judge granted class action status to three separate groups of tuna buyers: direct purchasers such as national retailers and regional grocery stores; commercial food preparers; and individual consumers.
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