March 28, 2016

New York announced that Style Management Corp. (Style) and its owner Andrew Rosenberg have agreed to pay a total of $845,000 in restitution and fines to drivers who were illegally charged by the company. Style is located in Manhattan, and manages or owns approximately 142 medallions. The New York City Taxi and Limousine Commission (“TLC”) lease cap rules limit the dollar amount drivers may be charged for leasing medallions and taxicabs, in order to ensure a baseline level of take-home earnings for drivers. The rules also strictly limit add-on charges that can be imposed upon drivers and limit the purposes for which charges may be assessed. The Attorney General’s investigation of Style revealed that the company violated the TLC’s lease cap rules by charging amounts in excess of the amounts allowed under law, and by rounding drivers’ credit card fare earnings to even dollar amounts, almost always rounding in Style’s favor. NY