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WeissLaw LLP: YRC Worldwide Inc. is the Subject of a Legal Investigation

YELLQ

NEW YORK, NY / ACCESSWIRE / January 25, 2019 / WeissLaw LLP, a national class action and shareholders' rights law firm with offices in New York, Los Angeles, and Atlanta, announces an investigation of YRC Worldwide Inc. ("YRCW" or the "Company") (NASDAQ: YRCW). The investigation focuses on possible breaches of fiduciary duty and violations of the Federal securities laws.

If you own YRCW shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

Visit our website
http://www.weisslawllp.com/yrc-worldwide-inc/

Or follow us on Twitter @MarketsAlert

On December 14, 2018, The Wall Street Journal reported that the Justice Department was suing the Company for overcharging the Pentagon millions of dollars over several years. According to the report, YRCW made false statements to the government and defrauded the Department of Defense. On that news, YRCW shares nosedived nearly 29%, closing the day at $3.17 per share.

WeissLaw is investigating whether YRCW's Board breached its fiduciary duties to the Company and made materially false and/or misleading statements by: (1) failing to disclose that the Company systematically overcharged the Federal government for freight carrier services; (2) causing the Department of Defense to overpay millions of dollars; and, as a result of the alleged misconduct, (3) subjecting the Company to scrutiny and liability. If you own YRCW shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact Joshua Rubin of WeissLaw LLP at (888)593-4771, or by e-mail at stockinfo@weisslawllp.com.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com.

SOURCE: WeissLaw LLP



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