Freight Shipping Co. Accused Of Cheating Feds, Investors

Law360 (January 2, 2019, 8:51 PM EST) -- American freight shipping company YRC Worldwide was hit with a proposed class action Wednesday in New York federal court that says investors paid the ultimate price when the company allegedly overcharged the federal government for carrier services and later tried to cover it up.

The worldwide freight carrier hid the fact that it "systematically overcharged" the U.S. Department of Defense by millions of dollars for freight shipping services from 2005 to at least 2013, the investor said in the suit. The investor, who is looking to represent all those who bought stock in YRC from March 10, 2014, to Dec. 14,...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only


Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!