Great Western Auctions, LLC is Assessed A Civil Penalty in the Amount of $10,000
WASHINGTON, Nov. 5, 2009 - On August 4, 2009, the U.S. Department of Agriculture's Grain Inspection, Packers and Stockyards Administration (GIPSA) issued a default decision and order against Great Western Auctions, LLC (Great Western), Magnolia, Texas. The default decision and order became final and effective on October 6, 2009.
Great Western has been ordered to cease and desist from:
- engaging in operations subject to the Packers and Stockyards (P&S) Act without maintaining an adequate bond; and
- failing to keep records that fully and correctly disclose all transactions involved in the business.
Great Western is assessed a civil penalty in the amount of $10,000.
The Packers and Stockyards Act is a fair trade practice and payment protection law that promotes fair and competitive marketing environments for the livestock, meat, and poultry industries.
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GIPSA Release #77-09
Catherine M. Grasso 202-720-7201
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