Tag Archives: Kristian Kristensen

Gloucester fish company’s owe workers $203K in damages 

Kristian Kristensen and his two Harbor Loop companies — Cape Ann Seafood Exchange and Zeus Packing — must pay more than $200,000 in liquidated damages to 132 employees in a settlement over violations of overtime and record keeping. The U.S. Department of Labor said an investigation by its wage and hour division unearthed violations from October 2011 through September 2014. The probe determined Kristensen and the companies owed $203,998 in back wages and an equal amount in liquidated damages. Liquidated damages are monetary compensations for a loss or a person’s rights or property, awarded by a court judgment. click to read the story here 19:08