Tag Archives: wholesale lobster business

Judge orders former owners to come up with $1.43M in lobster sales lawsuit

A federal judge has ordered the former owners of a wholesale lobster business and the Trenton Bridge Lobster Pound to set aside $1.43 million,,, The Maine Lobstering Union in December sued the former CEO of its wholesale business and his parents in U.S. District Court in Bangor, alleging that the family defrauded and stole from the group after selling it their wholesale lobster business three years ago. U.S. District Judge Lance Walker accepted an estimate of the amount of money lost as $1,438,181.23. That figure was provided by certified public accountants in Portland hired by the lobstermen’s co-operative, according to court documents. >click to read< 08:59