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IN RE: YRC WORLDWIDE, INC. ERISA LITIGATION
Case Number:
2:09-cv-02593
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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November 14, 2011
YRC Worldwide To Settle ERISA Class Action For $6.5M
YRC Worldwide Inc. on Friday agreed to pay $6.5 million to settle a consolidated class action in Kansas brought by participants in the company's benefits plan who claim the transportation giant illegally let them invest in shares that soon became worthless.
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April 06, 2011
Judge OKs ERISA Class In Suit Against YRC Worldwide
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.