CEO Indicted for Seafood Price-Fixing

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The U.S. Department of Justice indicted Bumble Bee Foods CEO Christopher Lischewski on price-fixing charges. Lischewski is the first CEO to be charged for his role in the alleged U.S. conspiracy to fix the price of packaged seafood. The Northern District of California grand jury indictment alleges that Lischewski participated in meetings and communications where conspirators agreed on the price for packaged seafood. Prosecutors allege that Lischewski and his coconspirators concealed their conduct by using codenames in their communications, meeting at offsite locations, discouraging documentation of conspiratorial meetings, and providing misleading justifications for the fixed prices.