Judge OKs ERISA Class In Suit Against YRC Worldwide

Law360, New York (April 6, 2011, 3:23 PM EDT) -- A Kansas federal judge certified a class of YRC Worldwide Inc. benefits plan participants who invested in its common stock, handing a victory to plaintiffs claiming the transportation giant broke the law by letting them invest in soon-to-be worthless shares.

Any plan participant who invested in YRC Worldwide stock going back to Oct. 25, 2007, may join the Employee Retirement Income Security Act litigation as a class member, Judge John W. Lungstrum ruled in the U.S. District Court for the District of Kansas.

The suit's central...
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