Plaintiff in MarineMax lawsuit starts new business - Trade Only Today

Plaintiff in MarineMax lawsuit starts new business

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Paul Barbara, former president of Surfside 3, announced that he is returning to the marine business after a six-year absence.

Surfside 3 was purchased by MarineMax in March 2006, but the Barbara family retained all of the properties and leases at Surfside 3’s facilities, located on Long Island, N.Y. Paul Barbara has reacquired the delivery center in Lindenhurst, N.Y., which includes more than 10 acres of waterfront property.

“We will be renting 90 to 100 slips for summer dockage, as well as room for high and dry storage and ample room for over 300 boats for winter storage,” Barbara said in a statement. “We will provide complete facilities for service, fiberglass repairs, lift capabilities for up to 100 feet. It is my intention to enter back into brokerage boat sales and will be exploring new boat lines to fill out our entrance back into the market.”

The acquisition is not related to a lawsuit the Barbara family has pending against MarineMax and several of its directors, he added.

Earlier this month Barbara and his three siblings filed suit against MarineMax and several of its officers, alleging that they failed to lift restrictions on stock sales, which led the plaintiffs to lose millions of dollars.

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