Former Arrow Trucking workers launch class action suit

[Omaha Steve]

Source: Today's Trucking

TULSA, Okla. -- Over 1,000 former employees of bankrupt Arrow Trucking have filed a class action lawsuit for the manner in which the carrier ended operations.

Some drivers were left stranded across the U.S. days before Christmas when the flatbed carrier abruptly cancelled fuel cards and closed up shop without any notice to workers.

Daimler Truck Financial and Navistar offered drivers of their financed equipment bus tickets home, but many had too many personal belongings to take home or ran into complications, local media reports.

Philadelphia firm of Klehr Harrison Harvey Bransburg LLP filed a class action lawsuit on behalf of 1,400 former employees of the company.


Read more: http://www.todaystrucking.com/news.cfm?intDocID=23047

[denbot]

1. Right on.

I was telling my wife about this and she wanted to know why the workers didn't take action. I said that a corp can just fold up without the actual owners being financially responsible. I hope I'm wrong.

[avaistheone1]

2. I hope the workers get some satisfaction.

It sounds like the second generation of the family that took over management of Arrow Trucking ran the company into the ground.

[WriteDown]

3. Hmm, sounds like Transportation Alliance Bank of Ogden was even worse...

"Reportedly, the final blow to the embattled company occurred when Transportation Alliance Bank of Ogden, Utah, froze the company's fuel cards and operating capital."

[high density]

4. wow, I hadn't heard about this

Merry Christmas, you're stranded with a big rig. Horrible.

[greiner3]

5. My fundy brother lives in Tulsa;

And when I told him about this piece of news he and his wife started praying for the workers. I see that their prayers worked.

[donco]

6. The same thing happend to

me in 1992 but luckily I had enough fuel to make it home.A suit was filed,two years later we got our back pay,of course this was a Union filing the suit(teamsters).

[Manifestor_of_Light]

7. This may be a sequel company.

Many years ago my DH worked for a company called Arrow Engineering in Tulsa. He said it was a horrible place to work. He lasted six weeks before he quit in disgust, which was a new record. He said the shortest time anybody had worked there before quitting was fifteen minutes.

After he left there, somebody pulled a Milton on them and set the office on fire :rofl:
but they did not get the hint.

Sounds like the same bunch of cheap bastards.

[melm00se]

8. curious

you sue, win a judgment but the firm has no assets, where does that leave you?

[Xithras]

10. With attorneys fees to pay, probably.

If the company went bankrupt, then you're just another creditor competing for a slice of whatever scraps are left. Even worse, if the bankruptcy proceedings end before the trial concludes, you could win a victory and find that there is nothing left to tap at that point. You get nothing.

The trick here is that the people filing the suit could potentially be on the hook to their attorneys. Many attorneys will argue a case for a percentage of the proceeds, but that concept can get sticky if they win a dollar amount and are unable to collect anything. I know of several cases where the attorneys STILL expected to be paid their "cut", even though the plaintiff was never actually able to collect on the award. It's a fairly unscrupulous thing to do, but it does happen.

Normally attorneys won't take cases like these in the first place, because they understand that the chances of actually collecting anything are next to nil.

[NashVegas]

9. Too Bad You Can't Sue Company Officers Who Got Golden Parachutes

... yet ...