The Owner-Operator Independent Driver Association has filed a class action lawsuit against individual officers of the former Burlington Motor Carrier to recover owner-operators’ escrow funds.
The association and three of its owner-operator members filed the suit Oct. 31 in Hamilton County, Ind., against five people who had been executives in the Indiana-based company.
Burlington filed for Chapter 11 bankruptcy in July 2001, months after OOIDA filed a lawsuit alleging violations of federal truth-in-leasing regulations. The association pursued its complaints in bankruptcy court, but in May 2002 the carrier converted its bankruptcy filing to Chapter 7 and ceased operations.
The association asks that the escrow account funds be returned, with interest, to all potential members of the class action suit.