Yellow to depose Teamsters head in effort to quash alleged WARN Act violations [Yahoo! Finance]
ArcBest Corporation (ARCB)
Last arcbest corporation earnings: 1/30 04:05 pm
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Source: Yahoo! Finance
Counsel for Yellow successfully argued that O'Brien has firsthand knowledge and that his testimony could be vital in deciding if the company should be on the hook for up to $244 million in WARN Act claims Various classes of employees have alleged the defunct less-than-truckload carrier didn't provide them with a 60-day notification ahead of mass layoffs last summer as required by the Worker Adjustment and Retraining Notification Act. However, Yellow has asserted in the past that the notice was “neither feasible nor required,” saying “unforeseeable business circumstances” led to its abrupt demise and preempted the need for notifications. Yellow has claimed a “faltering company” exemption from the WARN notices, saying that such notification would have scared off customers and potential lenders. It said it was working with a private equity fund to arrange additional financing in the weeks leading up to its July 30, 2023, closure . It also blames the Teamsters for denying a second pha
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ARCB
News
- ArcBest Co. (NASDAQ: ARCB) had its price target raised by analysts at Citigroup Inc. from $110.00 to $127.00. They now have a "neutral" rating on the stock.MarketBeat
- We Think That There Are Some Issues For ArcBest (NASDAQ:ARCB) Beyond Its Promising Earnings [Yahoo! Finance]Yahoo! Finance
- ArcBest CEO Judy McReynolds goes one-on-one with Jim Cramer [CNBC]CNBC
- J.B. Hunt announces changes to executive team [Yahoo! Finance]Yahoo! Finance
- ArcBest Co. (NASDAQ: ARCB) had its price target lowered by analysts at UBS Group AG from $111.00 to $110.00. They now have a "neutral" rating on the stock.MarketBeat
ARCB
Earnings
- 11/1/24 - Miss
ARCB
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form 4
- ARCB's page on the SEC website