Canadian frozen food giant High Liner has been awarded $10 million (€9.5 million) from an insurance company over its ongoing dispute related to the company's purchase of US shrimp supplier Rubicon Resources in 2017.
High Liner said Thursday its insurance provider found an ongoing lawsuit against former Rubicon owner Brian Wynn showed "breaches of the representations" during the $107 million (€95.2 million) purchase of Rubicon.
High Liner filed its lawsuit against Wynne in 2020 in a California Superior Court alleging Wynn misrepresented details about the company during the due diligence process.
