Leadership and Companies
Corpay, CEO Face $100 Million Payout Over Hidden Fuel-Card Fees
FleetCor, now Corpay, and its CEO agreed to pay $100 million over unauthorized fees and deceptive fuel-card claims.
What happened
FleetCor Technologies, now known as Corpay, and CEO Ronald Clarke agreed to pay $100 million to resolve an FTC administrative action. The agency alleged that FleetCor charged tens of thousands of mostly small-business customers undisclosed or unauthorized fuel-card fees, imposed some late fees unfairly, and overstated savings and fraud-control benefits. A federal district court granted the FTC summary judgment on all counts in 2023, and a federal appeals court upheld it in 2026. The payment will fund customer redress. The proposed consent order remains subject to 30 days of public comment and a final FTC decision.
Why it matters
The settlement creates a $100 million pool for business customers harmed by the practices. The order also supports restrictions on undisclosed charges and deceptive claims, with future violations potentially carrying civil penalties of up to $53,088 each.
Source: FTC News