Law360 (February 13, 2020, 3:10 PM EST) -- Citgo has agreed to pay nearly $19 million to resolve a proposed class action brought by consumers who claimed the oil company sold tractor fluid that wasn’t up to modern specifications and damaged their equipment, according to a settlement filed in Missouri federal court.
Citgo denies the allegations but agreed to pay a total of $18.83 million to buyers of tractor fluid marketed under so-called John Deere 303 specifications, with 70% of the money covering refunds and the rest earmarked for equipment repair and damage reimbursement, according to the Wednesday filing. Counsel for the proposed class would net $5.9 million in...
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