Food Distributor To Fork Over $19.4 Million In Settlement – Santa Cruz Sentinel

Cardiff International, Inc. (CDIF) Announced Today They Have Secured Their 4th LOI To Acquire A Land Development Company – Yahoo Finance

Sysco voluntarily cooperated with the investigation. A judge ordered Sysco to pay $15 million in penalties, as well as $4 million in restitution including a $1 million contribution to California food banks. About $3.3 million in the settlement will pay for 5-year state program for inspectors to monitor and enforce food transportation laws.
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Im also excited to announce the appointment of Van Phabmixay as the Managing Director of Hi-Lo Farms and Cole Construction once we close the deal”. Van states, “I am thrilled to have the opportunity to develop this property to its maximum potential adding significant new revenue streams for Cardiff”. We anticipate filing the Ks and Qs within the next two weeks. About CDIF: CDIF is newly emerging as a holding company who adopted a new business model known as “Collaborative Commonwealth(TM)” a new form of governance enabling businesses to take advantage of the power of a public Company. Targeting the acquisition of undervalued, niche companies with high growth potential, income-producing commercial real estate properties and high return investments, all designed to pay a dividend to our shareholders. FORWARD LOOKING STATEMENT This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act.
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