FleetCor Agrees To Pay $100M To Resolve Administrative Action After Federal Court Finds That It Violated The FTC Act By Charging Unauthorized Fees; FTC Alleged That The Company, Now Known As Corpay, Charged Customers Hidden Or Otherwise Unauthorized Fees And Deceived Users About Savings From Its Fuel Cards

FleetCor, now known as Corpay, has agreed to pay $100 million to resolve an administrative action after a federal court found it violated the FTC Act by charging unauthorized fees. The Federal Trade Commission (FTC) alleged that the company deceived customers regarding hidden fees and misrepresented savings associated with its fuel cards. This settlement aims to address the deceptive practices identified by the FTC.