Pilot Flying J revises class action settlement

3:00 PM, Jul 24, 2013   |    comments
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NASHVILLE, Tenn. --  The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam has revised a class action settlement with trucking companies that were allegedly cheated out of fuel rebates.

The original settlement required Pilot Flying J to pay back all money owed with interest. But it only covered the period between Jan. 1, 2008, and July 15, 2013. The revised settlement covers overcharging that occurred as far back as Jan. 1, 2005.

The change answers one of the concerns raised by trucking companies that did not participate in the settlement negotiations. Those companies have criticized the terms and asked the federal courts to let them go forward with their own lawsuits.

A federal judge in Arkansas granted preliminary approval of the revised settlement on Wednesday.

Trucking companies that may have been victims of a fuel rebate scheme at Pilot Flying J can now find out more about a proposed class action settlement on a new website.

A federal judge has given preliminary approval to a nationwide class action settlement agreement. The settlement class potentially includes more than four thousand companies.

A new website, DieselRebateSettlement.com details the plan and the notice of settlement.

The agreement calls for Pilot to pay the companies 100% of what they are owed, plus 6% interest and attorney's fees.

All affected companies will be automatically included in the settlement, unless they specifically opt out by October 15th. 

WBIR/AP

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