Eight years after Exxon dealers marched into court contending the oil giant cheated them out of discounts for more than a decade, their class-action suit is finally going to trial today in Florida. The stakes are huge: Some 10,000 dealers in 36 states are seeking $1 billion in damages. Until two weeks ago, even more was on the line. The dealers were also seeking $2 billion in punitive damages, but U.S. District Judge Alan S. Gold killed that request in a July 20 ruling.
July 02, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Eight years after Exxon dealers marched into court contending the oilgiant cheated them out of discounts for more than a decade, theirclass-action suit is finally going to trial today.
The stakes are huge: Some 10,000 dealers in 36 states are seeking $1billion in damages.
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