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.
Get the Full StoryLucas Jackson ReutersNew 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.
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New York's Attorney General, Letitia James, plans to sue the City of New York for 810 million over allegations the city defrauded taxi drivers for 14 years by inflating prices of taxi licenses, Gothamist reported Thursday.
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