PricewaterhouseCoopers Says Ruling Must Be Upheld, ERISA Does Not Provide Relief Sought

Mealey's (November 9, 2018, 11:27 AM EST) -- NEW YORK — In an Nov. 7 brief, PricewaterhouseCoopers LLP (PwC) urges the Second Circuit U.S. Court of Appeals to uphold a New York federal judge’s ruling in PwC’s favor in an Employee Retirement Income Security Act recalculation of benefits class action suit because the federal judge correctly determined that ERISA does not permit the equitable relief sought by the plaintiffs (Timothy D. Laurent, et al. v. PricewaterhouseCoopers LLP, et al., No. 18-487, 2nd Cir.)....