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Jimmy Haslam addresses trucking giants

 
Jimmy Haslam addresses trucking giants
Posted Thursday, May 16th 2013 @ 8am  by Carmen Angelo, Newsradio WTAM 1100

(Indianapolis)- Cleveland Browns and Pilot/Flying J CEO Jimmy Haslam picked Indianapolis to respond to allegations the truck stop chain has been overbilling customers.

The FBI is investigating allegations that Flying J deliberately shortchanged customers on bulk rebates, and served a search warrant on the company's Tennessee headquarters last month. Five trucking companies have sued.

Haslam told an industry conference in Indianapolis Thursday it appears about 250 companies have been overcharged. He says he expects an audit already in progress will produce checks for the missing rebates, plus interest, within a month.

After that, Haslam says auditors will turn their attention to 3,000 customers whose rebates are processed automatically, not manually, to make sure there are no problems there.

The Indianapolis-based Scopelitis law firm, which sponsored the conference, represents about 5,000 industry clients. Partner Gregory Feary says Haslam's comments reinforce the firm's advice to its clients to take a wait-and-see approach and let Flying J make good on whatever it owes.

As long as Haslam makes good on his promises, Feary says that will get clients their money far faster, and without losing a chunk of it in legal fees.

Haslam admitted sales at Pilot Flying J have been down about 1.5% since last month's raid. Pilot Flying J faces six lawsuits in the aftermath of the federal probe.

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