Wawa ESOP Breach Of Fiduciary Duty $26 Million Settlement Gets Final Approval

Mealey's (May 11, 2021, 9:49 AM EDT) -- PHILADELPHIA — Wawa Inc. will pay more than $26 million to settle class action breach of fiduciary duty claims stemming from decisions to remove ex-employees from an ERISA-governed employee stock ownership plan (ESOP), including an award of attorney fees of 20% of the recovery, under a settlement that was granted final approval on April 21 by a federal judge in Pennsylvania....