PILOT FORCED TO PAY UP IN FUEL REBATE CASE

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The total amount Pilot will dole out in its class-action settlement with trucking companies who sued the company over an alleged fuel rebate withholding scheme is $72 million, according to a petition Pilot submitted this week to the Arkansas court that settled the case in July. 

Of the total, $55 million is designated as the principle amount owed — what the truck stop chain had allegedly defrauded customers out of — $4.1 million will be paid to class members as part of the 6 percent interest owed on the principle, $3.5 million will go to the cost of the internal auditing and another $14 million is designated for attorneys’ fees, though that amount could be smaller, the court documents say.

– See more at: http://www.ccjdigital.com/pilot-settlement-reaches-72-million-in-owed-rebates-and-interest-court-petition-shows/#sthash.ZYzSjYg2.dpuf

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