I'm sure the $6M loss didn't help, but the bigger hit was this:
"In 2017, the company pleaded guilty for price-fixing and was fined $25 million for forming a cartel with Chicken of the Sea and Starkist. It still owes $17 million to the U.S. Department of Justice.."
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[ 3.5 ms ] story [ 18.3 ms ] threadIn related news: https://www.usatoday.com/videos/money/food/2019/11/23/bumble...
Is the specific issue that Bumble Bee did not provide the workers with a safety process that may or may not have prevented this accident?
https://www.newser.com/story/206034/tuna-plant-charged-after...
Says that the workers willfully violated safety procedures, so not sure what could have been done about that.
Are there cookers of the type that Bumble Bee uses that has the ability to turn off or open from the inside that they should be using but didn't?
https://www.cnbc.com/2019/11/22/bumble-bee-files-for-bankrup...
I'm sure the $6M loss didn't help, but the bigger hit was this:
"In 2017, the company pleaded guilty for price-fixing and was fined $25 million for forming a cartel with Chicken of the Sea and Starkist. It still owes $17 million to the U.S. Department of Justice.."