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Thread: Pilot-Flying J strike deal with Feds

  1. #11
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    Default Re: Pilot-Flying J strike deal with Feds

    Seems the Pilot Flying J is still in trouble with ongoing indictments against former employees.

    NASHVILLE, Tenn. — Feb 9, 2016, A former top executive of the truck stop chain owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam advised sales staff to "Say one thing, do another," when it came to dealing with customers, according to an indictment.

    Former Vice President of Sales John "Stick" Freeman is one of eight Pilot Flying J former executives and sales employees charged with conspiracy to defraud the trucking companies who bought their fuel. The indictment was unsealed in federal court in Knoxville on Tuesday.
    Pilot earlier paid a $92 million penalty to the government in an agreement with prosecutors in which the company accepted responsibility for the criminal actions of its employees.
    Pilot paid out another $85 million to settle claims with 5,500 trucking companies in a class-action lawsuit.
    Wow ... 177 million in fines and claims so far, plus legal fees and other costs.
    Didn't know the truck stop business was so profitable ...

    Haslam-Owned Chain Exec Advised 'Say One Thing, Do Another' - ABC News

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    Default Re: Pilot-Flying J strike deal with Feds

    Quote Originally Posted by fxstc07 View Post
    Seems the Pilot Flying J is still in trouble with ongoing indictments against former employees.



    Wow ... 177 million in fines and claims so far, plus legal fees and other costs.
    Didn't know the truck stop business was so profitable ...

    Haslam-Owned Chain Exec Advised 'Say One Thing, Do Another' - ABC News
    Now I know why they charge so much for their crappy coffee..

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    Default Re: Pilot-Flying J strike deal with Feds

    A trial date is set for executives of the Pilot truck stop chain.

    The former president of the company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam will face trial next year along with seven others on charges they conspired to cheat customers out of promised discounts and rebates.

    The trial was originally set for April. On Tuesday, attorneys for the former Pilot Flying J employees told a federal magistrate in Knoxville they need more time to prepare for the complex case. A motion to postpone the trial says information the government collected through search warrants includes about five terabytes of data, which could translate to hundreds of millions of pages.

    Those indicted include former Pilot President Mark Hazelwood, former vice presidents John "Stick" Freeman and Scott "Scooter" Wombold, and five other members of the sales team. All eight have pleaded not guilty.
    Ten former Pilot employees previously pleaded guilty in the scheme, which came to light after federal agents raided the company's Knoxville headquarters in April 2013. The company previously paid a $92 million penalty to the government and another $85 million to settle claims with 5,500 trucking companies in a class-action lawsuit.
    Former executives of Haslam-owned chain get 2017 trial date

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    Default Re: Pilot-Flying J strike deal with Feds

    Cleveland Browns owner, truck stop CEO loses round in deposition fight

    MOBILE, Ala. — Cleveland Browns owner Jimmy Haslam is a step closer to having to answer questions about fraud at the truck stop chain where he is president and CEO.

    Haslam has denied any knowledge of the fraud that has cost Pilot Flying J $177 million in settlements with customers and the government. He has not been charged criminally and for three years has fought legal efforts by trucking companies to depose him about the scheme.
    On Friday, Mobile Circuit Court Judge Sarah Stewart declined Haslam's request to reconsider an order requiring him to give a deposition in the case. On May 13, the court will hear arguments on another motion that attempts to stop the deposition.
    TheTrucker.com - America's Trucking Newspaper

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    Default Re: Pilot-Flying J strike deal with Feds

    Jimmy Haslam to be deposed Tuesday in hangar for Pilot Flying J lawsuit
    KNOXVILLE, Tenn.— Cleveland Browns owner Jimmy Haslam and Pilot Flying J's chief executive officer is scheduled to be deposed Tuesday in a civil lawsuit against the truck-stop chain owned by the family of Haslam and his brother, Tennessee Gov. Bill Haslam.

    According to a court notice filed in Franklin County, Ohio, the deposition that was originally to be videotaped at a Knoxville law office has now been moved to the conference room at the Pilot Aviation hangar at the airport.

    The lawsuit was filed by companies that declined to participate in an $85 million settlement between Pilot and 5,500 trucking companies in connection with a scheme to cheat customers out of promised discounts and rebates. The company also paid a $92 million federal penalty.

    In August, an attorney for FST Express Inc. of Columbus and HB Logistics of Birmingham, Alabama, sought to have Haslam deposed and appeared willing to make concessions for him.
    Jimmy Haslam to be deposed Tuesday in hangar for Pilot Flying J lawsuit - TheTrucker.com - America's Trucking Newspaper

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    Default Re: Pilot-Flying J strike deal with Feds

    Everybody's favorite wealthy investor just made a deal to buy into the Pilot Flying J truck stop empire.

    Knoxville-based Pilot Flying J has struck a deal with Berkshire Hathaway Inc. that will result in Warren Buffett’s company becoming the chain’s majority owner in a few years.

    According to a news release, Berkshire Hathaway is taking an initial 38.6 percent stake in the company. The Haslam family — including CEO Jimmy Haslam, the brother of Tennessee Gov. Bill Haslam — will continue to operate the company from its Knoxville headquarters. In 2023, Berkshire Hathaway will increase its stake to 80 percent, with the Haslam family retaining the remainder.

    Financial terms of the deal were not disclosed. Pilot Flying J’s 750 locations in U.S. and Canada produce more than $20 billion in annual revenue, according to the news release.
    https://www.bizjournals.com/nashvill...hoo&yptr=yahoo

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    Default Re: Pilot-Flying J strike deal with Feds

    Quote Originally Posted by fxstc07 View Post
    Everybody's favorite wealthy investor just made a deal to buy into the Pilot Flying J truck stop empire.


    https://www.bizjournals.com/nashvill...hoo&yptr=yahoo
    Wonder if that includes their sports team,I beleive it is the Cleveland browns football team..

 

 
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