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A lawsuit over Exxon Mobil Corp.’s 2011 sale of 63 gas stations in the San Antonio and Austin areas has been settled.
Exxon Mobil was sued by Dallas businesswoman Arcilia Acosta, CEO and president of Carcon Industries & Construction, in 2013. She alleged that Exxon Mobil’s recruited minority businesspeople to bid on gas stations it was selling but then sold them to an “Anglo businessman.” She called the negotiations with her a “public relations charade.”
Frank Herrera Jr., Acosta’s San Antonio lawyer, said Exxon Mobil agreed to pay her money, but that the amount was confidential. Exxon Mobil didn’t respond to requests for comment.
Herrera and a partner bid $133.3 million for 63 stations — $75.8 million for 39 San Antonio-area locations and $57.5 million for 24 Austin-area stations.
Go to ExpressNews.com or Thursday’s Business section to read more about the dispute.
pdanner@express-news.net
Twitter: @AlamoPD
pdanner@express-news.net
Twitter: @AlamoPD
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