Pilot says the check is in the mail

Hi Rick-How are you?I don't know,just guessing,maybe this helps either reduce or eliminate some if not all criminal charges.Time will tell on these kinds of matters.Take care.Brian

 

This will be a fun one to watch as it plays out. My guess is that PFJ letters/checks only represent the first installment of a multi-part soap opera. As the saying goes: "Screw me once, shame on you, screw me twice..."

Jimmy H. and crew "broke the trust" and have now driven a lot of non-value added auditing cost into the system. Shoot, just today PFJ announced a settlement on an 8 carrier deal where they agreed to pay up to $14M in attorney's fees in addition to the $42M in rebate fraud recovery. Every attorney who has anything to do with a trucking company has got to be thinking that he/she needs to get a piece of that action.

Stay tuned. (Who knows, they may be a PFJ Channel on SiriusXM yet!)

 

I saw this on another article ...



"Steal ten bucks out of the cash register at one of these truck stops and you're going to jail. Steal millions and just deny knowledge of it , pay the money back, and declare yourself a hero."

 

You're right there, Rick. Quick proposed settlement; no discovery; PFJ paying the class attorneys directly. Civil attorneys with a strong incentive to to get giant verdicts with punitive damages would certainly be digging hard for facts. In that digging, they might find some nuggets that the Feds didn't find. PFJ has agreed to pay back claimants for money owed + 6% interest (as if truckers loaned them the money at the going rate of interest). Does this really stop this stuff from happening? Consider this: steal money and, in the event you get caught, pay it back with a little interest, OR steal money, don't get caught, and keep it. Seems clear this settlement isn't adequate punishment. If claimants don't do anything, they're in the class. Every claimant can "opt out" of the class and pursue their own claims, including claims for punitive damages which can be multiples of losses. The proposed settlement can be found here: www.informedtrucker.com
-I'm not a trucker but members of my family are. Frankly, I'm pretty pissed off about the terms of this settlement and what PFJ did here.