April 16, 2021
Freight shipping holding company YRC Worldwide Inc. has agreed to pay $2.1 million to end a proposed investor class action that claimed it "systematically overcharged" the U.S. Department of Defense to the tune of millions of dollars over eight years.
March 27, 2020
YRC Worldwide escaped a proposed securities class action Friday after a New York federal judge found that the freight shipping company had no duty to disclose the government investigation that culminated in a civil suit over its allegedly fraudulent overbilling.
May 01, 2019
Law firms Pomerantz LLP and Kaplan Fox & Kilsheimer will serve as lead co-counsel in a stock-drop suit that accuses American freight shipping company YRC Worldwide of overcharging the federal government for carrier services, a New York federal magistrate court judge ordered Thursday.