Top Hershey Trust Atty On Leave After Letter Slamming Board

Law360, New York (June 6, 2016, 5:19 PM EDT) -- A top attorney for Hershey Trust Co. has been placed on administrative leave, a company spokesman confirmed Monday, following his April letter accusing the Pennsylvania-based company's directors of threatening retaliation over his conflict-of-interest concerns raised during an internal insider trading investigation.

Marc Woolley was suspended from his position as chief compliance officer and deputy general counsel for the majority owner of The Hershey Co., spokesman Kent Jarrell told Law360 on Monday. Woolley's April letter to Hershey Trust's board of directors — co-authored with a former Hershey Trust executive vice president who has since been convicted of wire fraud — raised concerns...

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