Galveston business entangled in net of fraud allegations and whistleblowers

October 12, 2024 Gulf of Mexico, National, Pacific

A shrimp business and former market that has been a cornerstone of Galveston for more than 45 years is in the muck, as it and its parent company are mired in a number of lawsuits alleging everything from fraud to shorting an employee. Galveston Shrimp Company was founded in 1978 by Sicilian immigrant Rosario Cassarino. For nearly 20 years, Rosario and wife Giovanna sold fish and shrimp that was brought onto the island. Their son Nello Cassarino assumed a leadership role in Galveston Shrimp Co. in 1994, and in 2011 he re-formed the company under the umbrella of Pacific Seafood, a family-owned market and business out of Portland, Ore. But now there’s a rift between Cassarino and Pacific Seafood, which owns 80 percent of Galveston Shrimp Co. According to ongoing litigation as reported by the Galveston Daily News, Cassarino is suing Pacific Seafood for $1 million, accusing the company of shorting him on revenue and self-dealing. Cassarino originally filed the lawsuit in Texas in 2023, but a judge moved the suit to Oregon. More, >>CLICK TO READ<< 10:04

a rift, between Cassarino and Pacific Seafood, founder Rosario Cassarino, fraud allegations, Galveston, Galveston Shrimp Company, Nello Cassarino, Oregon, Pacific Seafood, suing Pacific Seafood, Texas, whistleblowers

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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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