New York City severing ties with Runway Towing after accusations of overcharging customers

NEW YORK -- New York City will sever ties with a towing company accused of overcharging customers.

The New York City Department of Consumer and Worker Protection has denied an application to renew Runway Towing's license.

READ MORE: New York City trying to sever ties with Runway Towing amid allegations of overcharging

Runway currently has the exclusive contract with the city to keep nine highways clear.

CBS2's Lisa Rozner exclusively reported on a 2019 class action lawsuit and spoke to customers who said they were overcharged by hundreds of dollars.

READ MORE: Exclusive: Lawsuit filed against NYC towing company accused of deceiving thousands of customers

Runway's license is set to expire on Jan. 31.

A spokesperson from the New York City law department tells us they're pleased with the ruling.

We reached out to Runway Towing and have not heard back.