How much does the Piggly Wiggly ESOP Class Action Settlement pay?

Estimated payout: Settlement fund between $7.675 million and $8.65 million. The settlement fund is $8.2M.

Is the Piggly Wiggly ESOP Class Action Settlement notice real, or a scam?

Wyche Settlements is the court-appointed administrator. Claims are filed only at wychesettlements.com. Filing is always free, and no administrator asks for payment or a full Social Security number by email or text.

Who are the attorneys in the Piggly Wiggly ESOP Class Action Settlement?

For the plaintiffs: Wade S Kolb , III (Wyche PA); Rita Bolt Barker (Wyche PA); John C Moylan , III (Wyche PA); Henry L Parr , Jr (Wyche Law Office). For the defendant: James Dunbar Myrick (Womble Bond Dickinson US LLP (Chas)); Thomas Ashley Limehouse , Jr (Office of the Governor); Brian C Duffy (Duffy and Young); Blake Abernethy McKie (Duffy and Young LLC). From the public court docket.

Claims closedemploymentsecurities

Piggly Wiggly ESOP Class Action Settlement

Settlement fund between $7.675 million and $8.65 million

Last verified September 18, 2026Source: law-firm:keller-rohrbackHow ClaimWatch verifies cases

Closed to new claims. Browse open settlements →

Where this case stands

Final approval granted September 5, 2018

Claims closed. Once the time to appeal has run, the administrator pays valid claims; that usually takes three to twelve months after approval.

Pending in the United States District Court for the District of South Carolina (No. 2:16-cv-00616).

February 26, 2016
Case filed
May 22, 2018
Preliminary approval
The court allowed notice of the proposed settlement to go out to the class.
September 5, 2018
Final approval hearing
The court hears any objections and decides whether to approve the settlement.
September 5, 2018
Final approval granted
September 5, 2018
Case closed by the court

What happened

Defendants breached their fiduciary duties by failing to act as the value of Piggly Wiggly stock held in the ESOP plummeted by nearly 90%. The settlement compensates participants and beneficiaries in the Piggly Wiggly ESOP for these losses.

Do you qualify?

Participants and beneficiaries in the Piggly Wiggly ESOP. Contact the settlement administrator for specific class period and eligibility information.

What the settlement pays

Settlement fund between $7.675 million and $8.65 million

Paid from a $8.2M settlement fund. Individual amounts depend on how many valid claims are filed.

Who is in the class

All persons who were vested or non-vested participants in or beneficiaries of the Plan at any time from February 26, 2008 through the present (or their Successors-In-Interest). The "Settlement Class" shall not include any of the Individual Defendants (defined to include all Defendants who are individuals) or their respective Successors-In-Interest.

Quoted from the settlement notice.

How to file

Visit the settlement website at www.wychesettlements.com/pig or call 1-800-326-2547 toll-free (8:30 a.m. - 5:30 p.m. Eastern Time, Monday-Friday) or email with questions about claiming benefits under the approved Plan of Allocation.

Common questions

How much does the Piggly Wiggly ESOP Class Action Settlement pay?: Estimated payout: Settlement fund between $7.675 million and $8.65 million. The settlement fund is $8.2M.Why settlement checks are smaller than the headline number →
What is the status of the Piggly Wiggly ESOP Class Action Settlement?: Final approval granted September 5, 2018. Claims closed. Once the time to appeal has run, the administrator pays valid claims; that usually takes three to twelve months after approval.
Is the Piggly Wiggly ESOP Class Action Settlement notice real, or a scam?: Wyche Settlements is the court-appointed administrator. Claims are filed only at wychesettlements.com. Filing is always free, and no administrator asks for payment or a full Social Security number by email or text.How to tell a real settlement notice from a scam →
Who are the attorneys in the Piggly Wiggly ESOP Class Action Settlement?: For the plaintiffs: Wade S Kolb , III (Wyche PA); Rita Bolt Barker (Wyche PA); John C Moylan , III (Wyche PA); Henry L Parr , Jr (Wyche Law Office). For the defendant: James Dunbar Myrick (Womble Bond Dickinson US LLP (Chas)); Thomas Ashley Limehouse , Jr (Office of the Governor); Brian C Duffy (Duffy and Young); Blake Abernethy McKie (Duffy and Young LLC). From the public court docket.

Who's involved

Plaintiffs

Susan Mohle
Tom Miranda
Glenn Grant
Dana Spires

Defendants

John Does 1-10
John Kizer
Stephen M Schools
Scott Schools
Marion Newton Schools
Sean Ayers
Mark A Ayers
Joanne Newton Ayers

+ 6 more

Counsel for plaintiffs

Wade S Kolb , III Wyche PA
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
wkolb@wyche.com · (864) 242-8306
Rita Bolt Barker Wyche PA
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
rbarker@wyche.com · (864) 242-8235
John C Moylan , III Wyche PA
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
jmoylan@wyche.com · (864) 254-6542
Henry L Parr , Jr Wyche Law Office
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
hparr@wyche.com · (864) 242-8209
Gary A Gotto Keller Rohrback
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
2 tracked cases · $8.2M in disclosed settlements
ggotto@kellerrohrback.com · (602) 248-0088
Erin M Riley Keller Rohrback Law Office
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
eriley@kellerrohrback.com · (206) 623-1900
Eric Bauman Amstutz Wyche Law Office
Represents Dana Spires, Glenn Grant
eamstutz@wyche.com · (864) 242-8201
David J Ko Keller Rohrback LLP
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
2 tracked cases · $8.2M in disclosed settlements
dko@kellerrohrback.com · (206) 623-1900
Christopher Braden Schoen US Attorneys Office (Gville)
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
christopher.schoen@usdoj.gov · (864) 282-2100
Alice W Parham Casey Wyche PA
Represents Dana Spires, Glenn Grant, Tom Miranda, Susan Mohle
tcasey@wyche.com · (803) 254-6542

Counsel for defendants

James Dunbar Myrick Womble Bond Dickinson US LLP (Chas)
Represents John Kizer
jim.myrick@wbd-us.com · (843) 722-3400
Thomas Ashley Limehouse , Jr Office of the Governor
Represents Joanne Newton Ayers, Mark A Ayers, Sean Ayers, Marion Newton Schools, Scott Schools, Stephen M Schools
tlimehouse@governor.sc.gov · (803) 734-6023
Brian C Duffy Duffy and Young
Represents Joanne Newton Ayers, Mark A Ayers, Sean Ayers, Marion Newton Schools, Scott Schools, Stephen M Schools
2 tracked cases · $25.6M in disclosed settlements defended
bduffy@duffyandyoung.com · (843) 720-2044
Blake Abernethy McKie Duffy and Young LLC
Represents Joanne Newton Ayers, Marion Newton Schools
bmckie@duffyandyoung.com · (843) 720-2044
Monica B Towle McAngus Goudelock & Courie (Col)
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
Monica.Towle@mgclaw.com · (803) 227-4911
Steven G Janik Janik LLP (SC)
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
steven.janik@janiklaw.com · (843) 715-9311
Sean C Abouchedid Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
sabouchedid@groom.com · (202) 861-6605
Sarah M Adams Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
3 tracked cases · $8.2M in disclosed settlements defended
sadams@groom.com · (202) 861-5432
Samuel I Levin Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
3 tracked cases · $8.2M in disclosed settlements defended
slevin@groom.com · (202) 861-6648
Oana D Johnson Oana D Johnson Attorney at Law
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee, Joanne Newton Ayers
oana@odjlaw.com · (843) 203-4195
Natasha S Fedder Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
nfedder@groom.com · (202) 861-5437
Mark L Bieter Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
mbieter@groom.com · (202) 861-6636
Lovic A Brooks , III Brooks Law Firm
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
lovicbrooks@sc.rr.com · (803) 254-5300
Lars C Golumbic Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
13 tracked cases · $8.2M in disclosed settlements defended
lgolumbic@groom.com · (202) 861-6615
Edward Joseph Meehan Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
3 tracked cases · $8.2M in disclosed settlements defended
emeehan@groom.com · (202) 861-2602
Andrew David Salek-Raham Groom Law Group
Represents David R Schools, William A Edenfield, Jr, Robert G Masche, Joseph T Newton, III, Burton R Schools, Piggly Wiggly Carolina Company Inc & Greenbax Enterprises Inc Employee Stock Option Plan and Trust Plan Committee
8 tracked cases · $8.2M in disclosed settlements defended
asalek-raham@groom.com · (202) 861-5408

Other cases these firms appear in

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Savannah Ready-Mix Concrete Price-Fixing Settlement · Duffy and Young LLC

From the public court docket, contact details as filed; not an endorsement.

In the news

Headlines via NewsAPI.

Guides:Why is my settlement check so small?How long a settlement takes to pay out Is this settlement notice real, or a scam?

Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.

Estimated payout: Settlement fund between $7.675 million and $8.65 million
Settlement fund: $8.2M
Final hearing: September 5, 2018
Filed: February 26, 2016
Case: Spires v. Schools
Case number: 2:16-cv-00616
Court: United States District Court for the District of South Carolina
Administrator: Wyche Settlements

Official settlement website →

Case status & court docket

Federal court in South CarolinaMore from South Carolina

United States District Court for the District of South Carolina

Final approval granted September 5, 2018 · filed February 26, 2016

September 5, 2018
Final approval
FINAL JUDGMENT AND APPROVING CLASS ACTION SETTLEMENT The Court grants 144 Plaintiffs' Motion for Approval of Settlement, Plan of Allocation, Certification of the Settlement Class, and Appointment of Class Counsel; and grants 146 Motion for an Award of Attorneys' Fees and Reimbursement of Expenses. T
May 23, 2018
Fairness hearing
NOTICE of Hearing: Fairness Hearing set for 8/31/2018 10:00 AM in Charleston Courtroom #1, J. Waties Waring Judicial Center, 83 Meeting St, Charleston before Honorable Richard M Gergel. (sshe, )
May 22, 2018
Preliminary approval
SETTLEMENT AGREEMENT by Glenn Grant, Tom Miranda, Susan Mohle, Dana Spires. (Attachments: # 1 Class Action Settlement Agreement, # 2 Exhibit 1 to Settlement Agreement - Proposed Order Preliminarily Approving Settlement, # 3 Exhibit A to Exhibit 1 to Settlement Agreement - Class Notice of Proposed Se
May 22, 2018
Fairness hearing
MOTION for Preliminary Approval of Settlement, Conditional Certification of Settlement Class, Approval of Notices of Settlement, Preliminary Approval of the Plan of Allocation and Setting of Fairness Hearing by Glenn Grant, Tom Miranda, Susan Mohle, Dana Spires. Response to Motion due by 6/5/2018. A

View the full court docket on CourtListener →

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