A $810 MILLION LAWSUIT LOOMS OVER NYC. THE STATE'S ATTORNEY GENERAL CLAIMS THE CITY INFLATED TAXI LICENSE PRICES BY 240% FOR MORE THAN A DECADE AND DEFRAUDED DRIVERS.

Lucas Jackson/Reuters New York's Attorney General, Letitia James, intends to sue the City of New York for $810 million claiming the city defrauded Taxi drivers for more than a decade. James alleges the Taxi and Limousine Commission inflated the cost of taxi licenses nearly 240%, from more than $200,000 to close to $1 million. If the city does not pay relief in 30 days, James plans to file the lawsuit for restitution on behalf of the drivers....

BusinessInsider (Date:02/21/2020 19:57) Read full article >>

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