Earlier this year, a settlement of $130 million plus prospective relief was reached in a class action lawsuit brought by truck stops and other retail fueling facilities that paid percentage-based transaction fees to Comdata on proprietary card transactions using Comdata’s over-the-road fleet card.
The plaintiffs claim that Comdata imposed anticompetitive provisions in its agreements with class members that artificially inflated the fees these truck stops and other retail fueling merchants paid when accepting the card for payment. The lawsuit also challenged allegedly anticompetitive arrangements among Comdata, its parent company Ceridian LLC, and three national truck stop chains: defendants TravelCenters of America LLC and its wholly owned subsidiaries, Pilot Travel Centers LLC and its predecessor Pilot Corporation, and Love’s Travel Stops & Country Stores, Inc.
If you are a truck stop or retail fueling facility that paid percentage-based transaction fees on Comdata Proprietary Card Transactions between March 1, 2003 and March 17, 2014, you may be eligible for a payment and other benefits under the settlement.
Please visit truckstopantitrustsettlement.com to learn more about the settlement, applicable deadlines, and to obtain the form to submit a claim for payment.
By Eric Fastiff.