Tag Archives: former CEO Garth Reid

Baffin Fisheries Coalition launches $1.4M lawsuit against ex-CEO

The Baffin Fisheries Coalition (BFC) is suing its former CEO Garth Reid for allegedly defrauding the company of $1.4 million. The lawsuit, filed in the Supreme Court of Newfoundland and Labrador, alleges Reid was building on private land he owned in Winterton, N.L., and invoiced the work to BFC and its subsidiary Niqitaq Fisheries (NFL) — funneling goods and services through a construction company in Quebec. The lawsuit says Reid, who was CEO at the time, claimed the work was for a project in Pond Inlet, Nunavut. He was terminated two weeks ago. click here to read the story  10:57