Trucking companies suing Browns owner Jimmy Haslam and Pilot Flying J face Tuesday deadline
Decision looming on opting out of class action law
Ron Regan, newsnet5.com
4:37 AM, Oct 15, 2013
4:51 PM, Mar 26, 2014
LITTLE ROCK, Ark. - Tuesday is a big day for trucking companies suing Browns owner Jimmy Haslam and Pilot Flying J as deadline looms in huge class-action lawsuit.
Nearly 30 trucking companies have filed lawsuits claiming they were cheated out of promised fuel rebates in the wake of an ongoing federal investigation. Trucking companies have until Tuesday to notify a federal judge in Little Rock, Arkansas whether they're willing to settle the case or continue fighting in court.
Haslam and Pilot Flying J are offering trucking companies 100 percent of what they were shorted plus 6 percent interest.
A federal judge has given the green light to the proposed settlement that awaits final approval in November when a fairness hearing is scheduled.
Meanwhile, trucking companies that don't want any part of the deal and wish to be excluded, as well as those who object to the terms of the tentative settlement, are required to notify the court in writing with an Oct. 15,2013 postmark.
So far, eight of 28 trucking companies appear ready to take the cash and go home, and some of the remaining 20 have indicated they intend to decline the deal and continue fighting in court.