- Associated Press - Tuesday, August 12, 2014

NEW YORK (AP) - The state attorney general says New York City cabbies will receive over $1.3 million in restitution from a taxi company that violated workplace protections.

Attorney General Eric Schneiderman said Tuesday that Yellow Cab SLS Jet Management Corp. also has agreed to pay $125,000 in penalties.

The company, based in Long Island City, Queens, manages about 275 medallion cabs.

It also will take steps to ensure future compliance with the law.

Schneiderman said it’s the second settlement resulting from a joint enforcement initiative with the city’s Taxi and Limousine Commission.



The goal is to protect the rights of drivers under the TLC’s “lease cap rules.” They limit the amount of money drivers may be charged for leasing taxicabs and medallions.

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