Ex-Wawa Workers Urge Cert. In Suit Over Forced Stock Sale
By Danielle Nichole Smith (March 19, 2019, 4:22 PM EDT) -- A group of former employees at convenience store chain Wawa Inc. has asked a Pennsylvania federal judge for class certification in their suit accusing the company of violating the Employee Retirement Income Security Act by making them prematurely sell company shares at an undervalued price.
The workers lodged the request with the court on Monday, seeking to represent a class of all participants in a Wawa employee stock ownership plan with a balance of more than $5,000 whose accounts were liquidated on or after Sept. 12, 2015. The motion also seeks certification of two subclasses — one consisting of participants who...
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