A PYMNTS Company

DOJ: Bumble Bee CEO Deserves 8 to 10 Years For Price-Fixing

By  |  May 14, 2020

Former Bumble Bee Foods Chief Executive Officer Chris Lischewski, should serve eight to 10 years in prison for his 2019 price-fixing conviction, the Justice Department said. 

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Lischewski “committed this crime while he was the President and Chief Executive Officer of a major American company and a prominent member of his community,” the DOJ said Wednesday in a court filing in the U.S. District Court for the Northern District of California.

    Chen, a US federal court judge based in San Francisco, California, is scheduled to sentence Lischewski on June 3.  

    Lawyers for former Bumble Bee Foods CEO Christopher Lischewski have asked judge Edward Chen to sentence him to no more than 12 months’ home confinement and a maximum fine of $25,000 after his December conviction on the charge of price-fixing.

    In a sentencing memorandum filed May 13, the law firm of Keker, Van Nest and Peters said that given Lischewski’s “exemplary life”, his “personal circumstances and the actual characteristics of this offense, in particular in the midst of a global pandemic [and] countenance mercy”, home confinement, not prison, was merited.

    Full Content: Europa

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.