Word is that most of the parties involved in the class-action lawsuit against Windward Petroleum have settled out of court. A trial was tentatively scheduled for next month.
Readers of NOLN might remember that Windward, a major lubricants distributor, was accused in a civil court in 2007 of blending different brands and grades of lubricants before distributing them to customers, many of which were fast lube facilities. At its peak, the suit involved nearly two-dozen plaintiffs.
Windward is reported to have settled by paying 38 cents on the dollar for the lubricants delivered to parties during the time period(s) in which the blending was alleged to occur. Most of the parties have reportedly settled, though a few dissenters linger. More to come.