This article was originally published in the New Bedford Light. Written by Will Sennott.
The lawsuit focuses on Cooke’s Virginia-based subsidiary, Omega Protein, which processes menhaden for fish-oil supplements, fish meal, animal feed and other commercial products.
Cooke Inc., one of the world’s largest seafood conglomerates, and its U.S. subsidiaries could face fines of up to $2 billion after government watchdogs filed a lawsuit alleging that the company has violated foreign ownership laws for at least seven years.
The Canadian-based seafood giant has a large presence in the U.S. fishing industry, including on the Port of New Bedford.