"Where liberty is, there is my country." Attributed to Benjamin Franklin, and many others.
Rejournal 25:
Plaintiffs Move for Settlement Approval in 16-Year ERISA Case
The class action suit sought compensation for pension plan lump-sum payments whose value had been undercalculated. The parties in a protracted Employee Retirement Income Security Act lawsuit against PricewaterhouseCoopers LLP have reached a pr…
Rejournal 24:
PwC pushed out principal 1 day before her assets vested, lawsuit alleges
While the former employee said she was denied opportunities and pushed out to deprive her of benefits, a PwC spokesperson said the decision was based on “legitimate business considerations.” A former principal at PricewaterhouseCoopers repeate…
Rejournal 18:
PwC to pay $267 million to settle ERISA lawsuit
PricewaterhouseCoopers agreed to pay $267 million to settle a 16-year lawsuit filed by participants in a company pension plan who claimed they were shortchanged because fiduciaries incorrectly calculated lump-sum payments for a cash bal…
