Harry Wilson Bags $5.5 Million in Re-Fi Deal

February 11, 2014: Recent YRCW SEC filings reveal a payment of $5.5 million to MAEVA Group. See Item 16 in the link for the SEC filings. MAEVA is Harry Wilson’s company. Wilson, you may recall, is the Hoffa appointed trustee to the YRC Board. His firm aided YRC in getting the new refinance terms from the banks.

So while working Teamsters at YRC,  Holland and New Penn entered 2014 giving up even more concessions in wages and benefits to keep the company afloat, Harry Wilson – a board trustee - kicked off the new year with a belated Christmas present of millions.

It’s time for Hoffa to explain the point of Harry Wilson and what good he does for Teamster members.

You can read the DC Velocity report on this issue.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

UPS Freight Teamsters Uniting for a Strong Contract

UPS Freight Teamsters are fed up with substandard contracts. They're getting organized to Vote NO.

UPSers Take Action After the Vote No Telephone Town Hall

More than 5,000 UPS Teamsters participated in a Vote No Telephone Town Hall to discuss the proposed deal, make plans to defeat givebacks and win a better contract.  

View More News Posts