Skip to Content

YRC Worldwide Inc.

Company NameYRC Worldwide Inc.
Stock SymbolYRCW
Class PeriodMarch 10, 2014 to December 14, 2018
Lead Plaintiff Motion DeadlineMarch 04, 2019

On December 14, 2018, The Wall Street Journal reported that the U.S. Department of Justice had filed a complaint alleging that YRC “made false statements to the government and defrauded the Department of Defense by inflating measurements on bills” from 2005 to 2013. On this news, shares of YRC Worldwide fell $1.26 per share or over 28% to close at $3.17 on December 14, 2018, thereby injuring investors.

The Complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) from 2005 to at least 2013, YRC’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 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.

Submit Your Information

If you suffered a loss on your YRC Worldwide Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.

Shares Purchased

Number of SharesBuy DatePrice Per ShareAdd

Shares Sold

Number of SharesSell DatePrice Per ShareAdd