The Winding Glass: Tuna Case Shows Private Equity and Seafood are Not Always a Good Fit
Chris Lischewski, the former CEO of Bumble Bee Foods, has been convicted of conspiring to fix tuna prices in violation of the Sherman anti-trust act following his recent trial in California. Chris is now going to appeal, and a sentencing date has been set for April.
I was struck by the prosecution argument, and also the testimony of Ken Worsham, a Bumble Bee Senior vice president who pled guilty, by the pressures Lischewski faced after the company was bought by...
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