Lobstering Cooperative Reaches $5M Settlement with Former CEO

Lobstering Cooperative Reaches $5M Settlement with Former CEO

Jan 07, 2025 by Bill Trotter/Bangor Daily News TRENTON AND BANGOR—The Maine Lobstering Union has reached a $5 million settlement with its former CEO, according to officials with the group. The union, comprised of Maine lobstermen who have pooled their resources to operate a lobster wholesale business, sued Warren Pettegrow and Pettegrow’s parents more than five years ago in federal court. The union purchased the Pettegrows’ Trenton-based … Continue reading Lobstering Cooperative Reaches $5M Settlement with Former CEO