Pilot Flying J CEO Jimmy Haslam’s company is expected to spend $72 million to settle a federal class action lawsuit over alleged fuel rebate fraud, reports NewsNet5.
New details involving the extent of the alleged fraud were revealed in documents filed Nov. 4 in U.S. District Court in Little Rock, Ark., reports Ron Reagan of NewsNet5. The filings are in advance of a Nov. 25, 2013, fairness hearing where a proposed settlement is scheduled for final approval.
[FMN will be following these developments as they play out in coming weeks.]
