BUMBLE BEE FOODS NETTED IN TUNA PRICE-FIXING CASE

Bumble Bee Foods will plead guilty to conspiring to fix the cost of canned and pouch tuna, the Justice Department announced Monday. The department said Bumble Bee was able to set prices for as much as 21⁄ years — from as early as the first quarter of 2011 through as late as the fourth quarter of 2013 — and has agreed to pay a $25 million fine. The plea deal is subject to court approval. Bumble Bee says it has “taken this matter very seriously and fully cooperated” with the department.