Jim L. Leslie is Suspended as a Registrant
WASHINGTON, November 28, 2007 - The Grain Inspection, Packers and Stockyards Administration (GIPSA) entered into a decision without hearing by reason of consent with Jim L. Leslie (Leslie), located in Dacoma, Oklahoma on September 20, 2007.
Leslie has been ordered to cease and desist from:
- Issuing checks without having sufficient funds to cover checks; and failing to pay sellers for the sale of their livestock within the time period required by the Packers and Stockyards (P&S) Act.
Leslie was also suspended as a registrant.
The decision without hearing by reason of consent resolves charges that were filed on January 4, 2007, in which GIPSA alleged that Leslie issued nonsufficient funds checks; purchased livestock and failed to pay, when due, for livestock purchases; and failed to keep accounts, records and memoranda which fully and correctly disclosed all the transactions involved in his business as a livestock dealer.
The P&S Act is a fair trade practice and payment protection law that promotes fair and competitive marketing environments for the livestock, meat, and poultry industries.
Catherine M. Grasso 202-720-7201
|
