Wallace was rushed to Grady Memorial Hospital, where he later died. He was a ninth grade student at Douglass High School, Channel 2 Action News reported.
MORE: Vigil held for 14-year-old boy killed while waiting for school bus
A vigil was held for Wallace on Sept. 8, where his mother described him as a self-proclaimed “mama’s boy,” Channel 2 reported.
The teen's mother wants the driver who hit and killed her son arrested.
Wallace's family set up a GoFundMe page to raise money for funeral expenses. The page is no longer accepting donations, but it raised a little more than $3,300.
Peters faces charges of second-degree vehicular homicide, speeding and driving with an expired license plate, Fulton County jail records show. She was released from jail Friday on a $80,500 bond.