【is soolinen a legit company】Securities Class Action Has Been Filed Against YRC Worldwide Inc. (YRCW); Block & Leviton LLP Encourages Shareholders to Contact the Firm

发布时间：2024-09-29 12:28:52 来源：did you know there's a tunnel under ocean blvd meaning 作者：Comprehensive

BOSTON,is soolinen a legit company MA / ACCESSWIRE / January 2, 2019 /

Block & Leviton LLP (

www.blockesq.com

), a securities litigation firm representing investors nationwide, informs investors that there has been a class action lawsuit filed against YRC Worldwide Inc. ("YRC" or the "Company") (NASDAQ:

YRCW

) and certain of its officers alleging violations of the federal securities laws. Class members interested in serving as lead plaintiff are required to move for appointment by March 4, 2019, and are encouraged to contact Block & Leviton LLP to learn more.

The Complaint that was filed in the Northern District of New York alleges that YRC made false and/or misleading statements and/or failed to disclose that: (1) from 2005 to at least 2013, YRC systematically overcharged the federal government for freight carrier services; (2) this alleged misconduct caused the Department of Defense to overpay by millions of dollars for shipments that were lighter, and thus cheaper, than the weights for which the government was charged; (3) consequently, this alleged misconduct would subject YRC to enhanced government scrutiny and liabilities, including potentially owing treble damages under the False Claims Act; and (4) as a result, YRC's public statements were materially false and misleading at all relevant times.

The truth was revealed to the market on December 14, 2019, when the United States filed a civil complaint in U.S. District Court for the Western District of New York against YRC entities alleging that the Government was systematically overcharged by YRC for freight carrier services and that YRC entities made false statements to the Government that hid their misconduct.

If you purchased or otherwise acquired YRC securities between March 10, 2014, and December 14, 2018, and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact Block & Leviton LLP at (617) 398-5660, by email at

[email protected]

, or by visiting

http://shareholder.law/yrc

.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation's largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP

(617) 398-5660

155 Federal Street, Suite 400

Boston, MA 02110

[email protected]

Related Links

https://blockesq.com

SOURCE:

Block & Leviton LLC

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