STG Logistics to pay $2.8 million to settle New Jersey driver misclassification case

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STG Logistics has agreed to pay at least $2.8 million to resolve allegations it misclassified hundreds of truck drivers as independent contractors, settling what New Jersey officials say was the […]

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woah!!!! so if you accquire a business you assume responsibility and ownership of past fraudulent practices - would thins mean CRA debt if in Canada?
 
tasuinam said:
woah!!!! so if you accquire a business you assume responsibility and ownership of past fraudulent practices - would thins mean CRA debt if in Canada?
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Absolutely, if you purchase the shares of the company and take over as director, you also take the skeletons that are in the closet.
 
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