Courtesy of Franklin County, Washington
Originally published on January 28, 2021 10:05 pm
In a deepening cattle war, Easterday Ranches, Inc. has sold its so-called “North Lot” property in Franklin County, Washington, to a beef competitor of Tyson Fresh Meats, Inc.
As the public media Northwest News Network reported Wednesday, Tyson recently filed a suit against Washington-based Easterday Ranches seeking to get a neutral third party to take over the business until accounts could be settled. It came after Easterday allegedly made up hundreds of thousands of cattle on paper and fictitiously fed them, costing Tyson more than $225 million.
But now, in a twist, Easterday Ranches has sold its major feedlot property in Franklin County known as the “North Lot” to a competitor: AB Livestock of Boise, Idaho.
Rustle up some lawyer papers, Tyson Fresh Meats' city slickers are bringing the legal herd home to Easterday Ranches. A $225 Million fraud claim has been filed.
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Tyson says in its lawsuit that its losses are more than $225 million as a result of false cattle sales and feed costs claimed by Easterday, reports Oregon Public Broadcasting.
“In an effort to ensure the orderly recovery of assets in the aftermath of a fraudulent scheme by Easterday Ranches, Tyson Fresh Meats is asking for a court-appointed receiver to take control of Easterday Ranches,” Tyson Fresh Meats told OPB in an emailed statement.
Courtesy of Franklin County, Wash.
It’s a modern-day rustling case.
A major Washington state cattle operator allegedly “fed” more than 200,000 head of cattle that didn’t exist for years. Now Tyson Fresh Meats, Inc is suing.
Tyson says in a lawsuit filed in Franklin County Superior Court this week that its losses are more than $225 million. The losses are from false cattle sales and feed costs.
“In an effort to ensure the orderly recovery of assets in the aftermath of a fraudulent scheme by Easterday Ranches, Tyson Fresh Meats is asking for a court-appointed receiver to take control of Easterday Ranches,” Tyson Fresh Meats said in an emailed statement.