Pilot Flying J's corporate offices are pictured in this file photo.

LITTLE ROCK, Ark. - A federal judge in Arkansas said today he will approve a proposed settlement between PIlot Fyling J and trucking companies that have sued over allegations of diesel fuel rebate fraud.

In a brief hearing, U.S. District Judge James M. Moody said the settlement was fair, reasonble and adequate. The decision came after Pilot attorney Aubrey Harwell and plaintiffs attorney Don Barrett had made arguments in favor of the settlement proposal.

The controversy erupted in April, after federal officials raided Pilot's headquarters, and an ongoing criminal investigation has netted seven guilty pleas.

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