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.
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