Parties In Wawa Inc. Breach Of Fiduciary Suit Reach Settlement In Principle

Mealey's (January 8, 2020, 11:00 AM EST) -- PHILADELPHIA — Following notice of a settlement in principle between Wawa Inc. and plaintiffs who allege that Wawa breached its fiduciary duty by amending its employee stock ownership plan, a Pennsylvania federal judge on Dec. 27 stayed the suit until March 30 to allow the parties to move for approval of the settlement (John J. Cunningham, et al. v. Wawa, Inc., et al., No. 18-3355, E.D. Pa.)....