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Legendary Pasco Ranchers File Chapter 11 After Fraud Suit Filed - Vimarsana News

Legendary Pasco Ranchers File Chapter 11 After Fraud Suit Filed

Legendary Pasco Ranchers File Chapter 11 After Fraud Suit Filed The issue began over a week ago, when Tyson Foods Inc. sued the Easterday Ranches operation, claiming they were defrauded over $225 million. The suit claimed Easterday Ranches, based out of Pasco, had bought, fed and cared for and provided over 200,000 head of cattle that "never existed." Easterday has been a Mid-Columbia farming-ranching 'institution' for decades. Now this week, on Monday, Easterday has filed for Chapter 11 bankruptcy protection. For a number of years, Tyson reimbursed Easterday Ranches for the purchase and feed...