Retailers say Suncors plan to eliminate Sunoco service stations violates their franchise agreements

The Canadian Press ~ The News
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TORONTO - Sunoco retailers are suing Suncor Energy Inc. (TSX:SU) over the Calgary-based company's plans to sell or rebrand their gasoline service stations.
The retailers assert that Suncor's plan to sell or rebrand about 300 Sunoco locations has violated an Ontario law governing franchise agreements.
The Sunoco franchise operators claim they're entitled to compensation.
Suncor hasn't commented publicly on the suit.
Last week, Suncor announced it will cut about 1,000 employees from its workforce as it sells some of its natural gas and international assets.
That's on top of 1,000 head office jobs cut last August following Suncor's takeover of Petro-Canada.

Organizations: Suncor Energy Inc., Sunoco, TSX Petro-Canada

Geographic location: TORONTO, Ontario

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