defendants systematically embezzled funds

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Lobster fishing cooperative wins more than $1 million in dispute with former CEO

August 28, 2021 National, New England

A federal arbitrator has awarded a fishing cooperative more than $1 million in the cooperative’s lawsuit against its former CEO, whom the co-op accuses of defrauding and stealing from the group. The arbitrator’s award allows the cooperative’s federal lawsuit to go forward against the former CEO and his parents, who own a Hancock County lobster pound. Lobster 207 LLC sued Warren Pettegrow and his parents, who own and operate the Trenton Bridge Lobster Pound, in December 2019 in U.S. District Court in Bangor. The lawsuit alleged that the family members defrauded and stole from the group after they sold their wholesale lobster business to it in 2017. >click to read< 11:54

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Arbitrator upholds firing of Lobster 207 co-op CEO, clearing way for racketeering lawsuit

August 25, 2021 National, New England

The former CEO of Lobster 207, a fishing cooperative owned by the Maine Lobstering Union, on Monday lost in an arbitration proceeding over his firing in 2020. The decision against Warren B. Pettegrow of Trenton upholds his dismissal and is expected to allow a federal racketeering lawsuit, pending before the U.S. District Court in Bangor, to continue toward trial, according to a news release from the co-op. Named as defendants in the suit brought by Lobster 207 are Pettegrow, his company, Poseidon Charters Inc., Anthony D. and Josette G. Pettegrow of Trenton, and their company Trenton Bridge Lobster Pound Inc. >click to read< 18:56

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Ocean Resource Privatization

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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