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006040 — Dongwon Industries News Story

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U.S. Supreme Court rejects StarKist's tuna price-fixing class action appeal

Nov 14 (Reuters) - The U.S. Supreme Court on Monday
declined to hear a bid by StarKist Co, owned by South Korea's
Dongwon Industries  006040.KS , to avoid a lawsuit by tuna
buyers accusing it of fixing prices.
    The 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 case could have given the justices, had they decided to
hear it, a chance to make it harder for consumers and other
plaintiffs to receive class action status.
 (Reporting by Nate Raymond in Boston; Editing by Will Dunham)
 ((andrew.chung@thomsonreuters.com; 646.223.8022; 646.407.9441
mobile;))

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