Can a company refuse to hire you for not listing traffic forfeiture on the application?

Are you speaking about a criminal offense?
Are you in the US?
If so, what State?
What is a "traffic forfeiture"?

Please clarify and we might be able to help you further.

Employers in the US generally have the right to deny you employment if you omit or falsify ANY factual information from the application.

Short answer, yes.