Canned tuna of Chicken of the Sea. (Photo: Chicken of the Sea)

Chicken Of The Sea settles deal in antitrust lawsuit with Walmart

Seafood provider Chicken of the Sea International (COSI) has signed an agreement with Walmart Inc., the largest canned tuna retailer in the United States, in order to settle antitrust claims brought by the retailer.

Under the terms of the multi-pronged agreement, COSI will pay a cash settlement and the two companies will participate in a series of joint programs and new product promotions in Walmart stores.

These activities will include the launch of new innovative products across Walmart stores.

"The settlement reflects Chicken of the Sea International's status as the first tuna producer to engage the U.S. Department of Justice as a whistleblower in this case. This resolution is a significant achievement for Chicken of the Sea International and the newly appointed leadership team. We look forward to reaching additional pragmatic solutions to resolve the ongoing litigation," explained Christianna Reed, vice president and general counsel, legal and risk management.

For his part, Darren Parsons, Chicken of the Sea’s vice president, retail sales and business development, expressed confidence that with Walmart, they will offer their shared customers the healthy sustainably-sourced seafood products they expect from them.

“We are also excited about a number of consumer-driven innovations in the pipeline that we will bring to market across all of our retailers," pointed out Parsons.

Owned by Tri-Union Seafoods LLC and headquartered in El Segundo, California, COSI provides tuna, salmon, clams, crab, oysters, shrimp, mackerel, kipper snacks and sardines in cans, cups and pouches as well as innovative new products.

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Address:	9330 Scranton Road - P.O. Box 85568
City:	San Diego
State/ZIP:	California (92138-5568)
Country:	United States
Phone:	+1 858 558 9662
Fax:	+1 858 597 4569
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