Fairness hearing set on Pilot Flying J settlement

Fairness hearing set on Pilot Flying J settlement

Posted: Updated:

By CHUCK BARTELS
AP Business Writer

LITTLE ROCK, Ark. (AP) - Representatives of the nation's largest diesel fuel retailer are to be in court in Little Rock for a settlement hearing in a $70 million lawsuit by customers who the company acknowledges were cheated out of rebates.

Pilot Flying J, owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam, reached an agreement with nearly 6,000 customers who are to be paid with 6 percent interest, if the pact gets final approval.

Several dozen companies opted out of the court action and are suing Nashville--based Pilot Flying J on their own.

Prosecutors have obtained guilty pleas from seven people alleged to have taken part in the scheme, and two others were given immunity in exchange for their cooperation.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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