U.S. sues YRC Worldwide subsidiaries, alleges overcharging government [Reuters]
YRC WORLDWIDE (YRCW)
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Source: Reuters
U.S. sues YRC Worldwide subsidiaries, alleges overcharging government | Reuters 1 Min Read WASHINGTON (Reuters) - U.S. officials have filed a complaint against several units of YRC Worldwide Inc alleging that the freight companies systematically overcharged the federal government for its services and lied to hide their misconduct, the U.S. Department of Justice said on Friday. The department said it had filed a lawsuit in the U.S. District Court in Buffalo, New York, alleging that the subsidiaries for seven years “defrauded the Department of Defense by millions of dollars for shipments that were actually lighter, and thus cheaper, than the weights for which the defendants charged the government.” Reporting by Susan Heavey; Editing by Chizu Nomiyama All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. U.S. sues YRC Worldwide subsidiaries, alleges overcharging government WASHINGTON (Reuters) - U.S.
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