NEW YORK, Jan. 24, 2019 /PRNewswire/ -- Kaplan Fox &
Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of YRC Worldwide Inc. ("YRC" or the
"Company") (NASDAQ: YRCW), a company that provides various transportation services primarily in North America. Investors
who purchased or otherwise acquired YRC securities between March 10, 2014 and December 14, 2018, inclusive (the "Class Period"), may be affected. A complaint has been filed in
the United States District Court for the Northern District of New
York against YRC and certain executives on behalf of investors in YRC securities during the Class Period.
On December 14, 2018, the United States Department of Justice (the "DOJ") issued a press release
stating that it had filed a complaint against YRC for "systematic overcharging of shipments" in violation of the False Claims Act
("FCA"), which establishes civil liability for knowingly making, using or causing false records or statements that are material
to false or fraudulent claims for federal funds. The FCA provides for a recovery of treble damages, plus a civil penalty of up to
$11,000 for each violation.
On December 14, 2018, YRC's stock price fell $1.26 per share, more
than 28%, to close at $3.17 per share on heavy volume.
If you are a member of the proposed Class, you may move the court no later than March 4,
2019 to serve as a lead plaintiff for the purported class. You need not seek to become a lead plaintiff in order
to share in any possible recovery. If you would like to discuss the complaint or our investigation, please contact us by
emailing pmayer@kaplanfox.com or by calling
800-290-1952.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical
rules.
Kaplan Fox & Kilsheimer LLP, with offices in New York,
San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting
investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit
our website at www.kaplanfox.com. If you have any questions about this Notice, the action, your rights, or your
interests, please contact:
Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: jcampisi@kaplanfox.com
Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California 94104
(415) 772-4700
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com
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SOURCE Kaplan Fox & Kilsheimer LLP