NEW YORK, Jan. 03, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C. announces that a class action lawsuit
has been filed in the U.S. District Court for the Northern District of New York on behalf of all persons or entities who purchased
or otherwise acquired YRC Worldwide Inc. (NASDAQ: YRCW) securities between March 10, 2014 and December 14, 2018 (the “Class
Period”). Investors have until March 4, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Click here to participate in the action.
The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or
failed to disclose that: (1) from 2005 to at least 2013, YRC Worldwide’s units 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 Worldwide to enhanced government scrutiny and liabilities, including potentially owing treble
damages under the False Claims Act; and (4) as a result, YRC Worldwide’s public statements were materially false and misleading at
all relevant times.
If you purchased YRC Worldwide securities during the Class Period or continue to hold shares purchased before
the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement
or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities
litigation. For additional information concerning the YRC Worldwide lawsuit, please go to https://bespc.com/yrcw/. For additional information about Bragar Eagel & Squire, P.C.
please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar
outcomes.
Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com