Parties In Wawa Breach Of Fiduciary Suit Seek Nod For $21.6 Million Settlement

Mealey's (July 13, 2020, 11:38 AM EDT) -- PHILADELPHIA — A group of former Wawa Inc. employees on July 9 moved in a federal court in Pennsylvania for preliminary approval of an approximately $21.6 million class action settlement that would release the company from breach fiduciary duty claims stemming from decisions to remove ex-employees from an ERISA-governed, employee stock ownership plan  (ESOP) (John J. Cunningham, et al. v. Wawa, Inc., et al., No. 18-3355, E.D. Pa.)....