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Courtesy of Nicole Berg
Now, Easterday Ranches has filed for bankruptcy in federal court. 
This follows accusations by Tyson Fresh Meats, Inc. based in Dakota Dunes, South Dakota. Tyson Fresh Meats employs more than 41,000 people and is one of the largest meat processing companies in the U.S.
Tyson alleges that Easterday invented 200,000 head of cattle on paper then “fed” the fictitious beasts. Then, Easterday sold its prime cattle feedlot to a competing meat company. In its own lawsuit against Easterday, Tyson wants at least $225 million in compensation.  In its bankruptcy filing, Easterday acknowledged that it owed Tyson a debt in the same amount. ....

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