Consumers have only until December 31, 2024 to claim funds from a $152 million settlement involving StarKist and Lion Capital, following allegations of price-fixing in the canned tuna market. The lawsuit accused the companies of conspiring to artificially inflate prices for canned fish products. Although the defendants deny any wrongdoing, they agreed to the settlement to resolve the claims.
Who Is Eligible to Claim?
The settlement applies to individuals who indirectly purchased packaged tuna (in cans or pouches smaller than 40 ounces (1.51 kilogram)) from June 1, 2011, to July 1, 2015, in select states. Residents of the following states and territories are eligible to participate:
- Arizona, Arkansas, California, Florida, Hawaii, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin, Guam, and the District of Columbia.
Those who previously filed valid claims need not refile. However, eligible individuals who have not yet submitted claims must do so online or by mail before the deadline.
Steps to File a Claim
To file a claim:
- Visit the settlement website for instructions.
- Fill out the claim form online or print it to mail.
- Ensure your submission is complete and submitted before the December 31, 2024, deadline.
Consumers who fail to act by the deadline forfeit their right to sue or pursue further legal action regarding the claims covered in this case.
Canned Seafood Market Insights
The settlement highlights the economic importance of the canned seafood market, a sector experiencing steady growth. In 2022, Europe led the market, while South America is poised for rapid growth in the coming years. Yahoo! Finance projects the market to grow to $41.37 billion by 2027, driven by rising demand for convenient, nutrient-dense food options.
The market’s major players include:
- Maruha Nichiro Corporation
- Wild Planet Foods Inc.
- Trident Seafoods Corporation
- Connors Brothers Limited
- Thai Union Group
- Bumble Bee Foods
- Dongwon Food Co. Ltd.
In addition, social media influencers and food enthusiasts have helped popularize canned fish, showcasing its versatility and health benefits. Platforms like TikTok have further amplified this trend, with creators sharing recipes and innovative uses for canned seafood.
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