Wawa ESOP Suit Parties Come to Terms

January 6, 2020


The parties in the case, which had a June 9, 2020 trial date set, say that, “in an effort to expedite the resolution of this case, the Parties agreed to the terms of a settlement in principle among themselves and separately agreed to a 90-day period for Defendants to secure funding commitments for the cash settlement amount from Defendants’ insurers,” and that, “once funding is resolved, the Parties will be in a position to promptly move for the Court’s preliminary approval of the settlement.”  Read More

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