The U.S. Department of Agriculture issued a complaint against Happy Valley Livestock LLC and Bill Chase, Glasgow, Ky., on Feb.12, 2024, for alleged violations of the Packers and Stockyards (P&S) Act.
An investigation by USDA’s Agricultural Marketing Service revealed that between August 2021 and January 2022, Happy Valley and Chase issued 24 checks in payment for livestock to 21 different livestock sellers that were returned unpaid by the bank. Happy Valley and Chase issued replacement checks to pay all outstanding sellers. By issuing insufficient funds checks, Happy Valley and Chase failed to pay, when due, the total purchase price of the livestock.