Legal Hawks Stalk Swift
A fourth law firm has filed suit against Swift Transportation and some of its officers
A fourth law firm has filed suit against Swift Transportation and some of its officers.
Wechsler Harwood LLP announced the class action suit in a press release last week. The suit was filed on behalf of those who may have purchased Swift Transportation stock between Oct. 16, 2003 and Oct. 1, 2004.
New York-based Wechsler Harwood is the fourth law firm to file a federal class action suit on behalf of some Swift stockholders. Like the other suits, this one alleges Swift officials misrepresented or failed to disclose facts in order to prop up the company’s stock price.
The Wechsler Harwood press release and the complaint on its web site both refer to “new Department of Transportation regulations requiring that drivers be paid for loading time and time waiting to load.”
In fact, the DOT does not require truckload drivers to be paid for loading or waiting time.
Swift revealed an investigation by the Securities and Exchange Commission in October. The first three class action suits were filed in November.
Swift spokesman David Berry said he could not comment on pending litigation.
More Drivers
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
When Language Stops the Truck: The Return of ELP Out-of-Service Orders
English language proficiency rules for commercial drivers aren’t new, but renewed out-of-service enforcement has raised the stakes. Here’s what carriers need to know before a driver reaches a roadside inspection.
Read More →
Samsara Launches Custom AI Agent Builder
Agent Studio lets fleets create AI tools for hours-of-service monitoring, reporting and driver support, including agents that communicate by phone.
Read More →
Trucker Path Expands Reserved Parking Network
Trucker Path has added close to 6,000 more truck parking spaces to its Trucker Path Reserved Parking Network with the addition of Safe Truck Parking.
Read More →
EEOC Sues Texas Trucking Company Over Driver Age Limits
The agency says Trancasa USA rejected applicants over 65 and applied tougher driving-record standards to those over 60.
Read More →
Nussbaum, Roehl Announce Second Driver Pay Increase This Year
This year has seen a swath of major truck driver pay increases as freight capacity has tightened.
Read More →
From One Generation to the Next: How Mentorship Builds Safer Truck Drivers
After three decades in trucking, Harold Perry shares what he's learned about driver safety, mentorship, and helping the next generation build confidence behind the wheel.
Read More →
Truck Drivers Need More Than Another Alert
Fleets have more visibility into truck health, safety events, and driver activity than ever. The next challenge is turning all that information into useful guidance for the person who has to decide what to do next.
Read More →
FMCSA Removes 110 Truck Driver Training Schools from Certified ELDT List
Federal regulators also are targeting more than 160 additional training providers and launching a nationwide audit of third-party CDL skills testers as part of a broader crackdown on trucking fraud.
Read More →
Hours of Service Pilot Programs: FMCSA Readies for 2027 Rollout
Two pilot programs could eventually reshape hours-of-service rules, giving truck drivers options to pause their 14-hour clock or use longer split sleeper rest periods.
Read More →