WASHINGTON, DC - The U.S. Department of Agriculture (USDA) recently announced that it has filed an administrative complaint against Colorado-based Ringer & Sons Brokerage Co. Inc.
Direct From the USDA Agricultural Marketing Service:
The company allegedly failed to make payment promptly to nine produce sellers in the amount of $278,943 from May 2019 through December 2019.
Ringer & Son Brokerage Co. Inc. will have an opportunity to request a hearing. Should USDA find that the company committed repeated and flagrant violations, it would be barred from the produce industry as a licensee for three years, or two years with the posting of a USDA-approved surety bond. Furthermore, its principals could not be employed by or affiliated with any PACA licensee for two years, or one year with the posting of a USDA-approved surety bond.
To read the release in its entirety, click here.