Schlichter, Bogard & Denton Announce Their Investigation of CDL Training Industry, including Driver’s Solution, C1 Truck Driver Training, LLC, and Pyramid Financial Solutions, LLC
Long-haul truck driving in not for everyone. In fact, turnover in the industry waivers around 100% and the New York Times reports that 40% of new drivers do not make it 90 days. However, many potential drivers are lured into the industry through company-paid programs requiring them to work 12-months or longer for a single carrier.
Driver’s Solutions advertises company-paid CDL training. However, future drivers are asked to sign loan agreements, which come due as soon as a driver leaves his or her assigned carrier unless a 12-month employment requirement is met. Driver’s Solutions and its affiliated companies, including Pyramid Financial Solutions, have sued hundreds of former students seeking payment of these loans.
The law firm Schlichter, Bogard & Denton, a nationally-recognized leader in financial abuse litigation, is currently investigating Driver’s Solutions and other truck driving company sponsored driving schools. If you signed on for company sponsored CDL training and are interested in a free consultation with a lawyer, you can contact our attorneys at 1-800-621-7151.
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