Cooke Aquaculture gets $2B lawsuit alleging violated U.S. Fishing Laws

The company that ran the net pen aquaculture in this state for years has now been sued for allegedly violating U.S. fishing laws. The $2B lawsuit “False Claims Acts” alleges that Cooke violated U.S. rules for U.S. ownership of fishing fleets by creating taking over an American fishing company and creating a shell company to hide its ownership. These actions occurred on the Atlantic coast, not here.

The article is behind a paywall for National Fisherman magazine unfortunately but likely other sources will soon emerge. I’ll update this article as I get new information.

One Response

  1. Shell companies… hmm, sounds like that ‘he who must not be named’ on trial at the moment!

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