PSC Denies Motion For Reconsideration in South Dakota Grain Dealer Complaint

FOR IMMEDIATE RELEASE

        PSC DENIES MOTION FOR RECONSIDERATION
       IN SOUTH DAKOTA GRAIN DEALER COMPLAINT

Lincoln, May 10, 2022 – On Tuesday, May 10, the Nebraska
Public Service Commission (PSC) issued an Order (GDC-446)
Denying a Motion For Reconsideration of a civil penalty
assessed  to Banghart Properties, LLC, a.k.a. Fearless Grain
Marketing Storage & Arbitrage, a.k.a. Fearless Grain Marketing,
a.k.a. Fearless Grain of Gettysburg, South Dakota.

On March 15, the PSC assessed a civil penalty of $290,000
against the Banghart Properties, LLC (and its various aliases),
for operating as a grain dealer in Nebraska without a license. 

Banghart Properties, LLC, filed a Motion for Reconsideration
with the Commission March 25. Commissioners heard oral
arguments on the Motion to Reconsider on May 2.  The company,
should it choose has 30 days to file a court appeal regarding the
Commission’s decision. ###

Contact:
Deb Collins- Media & Communications Mgr.
(402) 471-0226
deb.collins@nebraska.gov