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US gov’t sticks to sidelines in ‘figurehead fraud’ lawsuit against Cooke, Omega Protein

The suit alleges that Cooke's deal to acquire Omega Protein violated the American Fisheries Act because it gave effective control of the vessels used in US waters to a Canadian company

By Jason Smith | May 14, 2024 18:57 BST
Ocean Harvesters catching menhaden in the Chesapeake Bay. Photo: Omega Protein
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The US government is thus far remaining on the sidelines of a lawsuit levied in a Manhattan, New York, federal court by two "whistleblowers" who allege that Canadian seafood giant Cooke committed "figurehead fraud" when it acquired US menhaden processor Omega Protein in 2017 [...]

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