Trucking companies were shocked and angry to learn that Pilot Flying J truck stop/travel centers had allegedly deliberately cheated them out of promised rebates. Pilot Flying J is the largest diesel retailer in the nation. It is owned by Cleveland Brown’s owner Jimmy Haslam and Tennessee Gov. Bill Haslam.
Consequently, several lawsuits beginning in April were filed against Pilot Flying J beginning in April. A settlement agreement has been reached which covers several companies involved in the class action litigation. A settlement in the amount of 85 million dollars was approved by U.S. district Judge James M. Moody. These funds include payments and interest to 5,500 carriers which had alleged that they had been cheated out of promised rebates. These companies and their attorneys agreed that this was a fair settlement. Some even indicated that it was a very generous settlement.
Although, 6,000 customers of Pilot Flying J were involved in this lawsuit 50 customers opted out of this settlement and reportedly filed their own lawsuits. Lawyers representing the company have stated that upper management didn’t know anything about the scheme that cheated customers of of promised rebates. 14 million dollars of these funds will be paid to attorneys for their fees. Read more here: The FBI investigation which revealed the rebate scheme created quite a storm in the trucking industry.