Wawa Settles Class Suit Over Booting Workers Off Stock Plan
By Emily Brill (January 3, 2020, 5:36 PM EST) -- Wawa and a class of former employees have told the Third Circuit they've settled a lawsuit accusing the convenience store chain of violating the Employee Retirement Income Security Act by forcing former workers to leave the employee stock ownership plan.
The parties sent the Third Circuit a notice of settlement on Thursday, asking the appellate court to stay their dispute over class certification while they move for preliminary approval of the deal in Pennsylvania district court. They did not disclose the terms of the settlement.
"The parties are presently preparing ... a formal settlement agreement," Wawa and the former workers wrote...
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