Tag Archives: Galveston Shrimp Company
Galveston business entangled in net of fraud allegations and whistleblowers
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
Lawsuit claims Oregon-based Pacific Seafood fired employee for reporting scheme to cheat shrimp boats out of millions
A former Pacific Seafood employee has filed a $2.25 million lawsuit against his former employer, one of the nation’s biggest seafood companies, claiming it fired him after he discovered one of the brands had been falsifying the weights of catches it bought from shrimp boats and wrongly pocketed an extra $10 million to $20 million. The Portland-area company disputes the allegations in Justin Ottman’s lawsuit, filed last week in Multnomah County Circuit Court. Ottman’s suit, however, describes him as a whistleblower — claiming he’d documented the alleged years-long fraud in a 170-page report he presented to top executives. But his suit says when he continued to push the company to make it right, the company demoted him from his position as interim chief financial officer, forced him to work remotely and gave his desk to an intern before ultimately firing him by telling him his position had been “eliminated” in December 2023. more, >>CLICK TO READ<< 10:23
