Skip PricewaterhouseCoopers Pension Spat, Solicitor Tells SCOTUS

PricewaterhouseCoopers LLP got bad news in its bid for U.S. Supreme Court review of a class action by retirees seeking higher pension benefits, when the acting U.S. solicitor general filed a brief advising the justices to skip the case.

The U.S. Court of Appeals for the Second Circuit was correct when it permitted PwC plan participants to seek the simultaneous remedies of plan reformation and payment of benefits under the reformed plan’s terms, acting solicitor Elizabeth B. Prelogar said in a brief filed Tuesday. This decision “reflects an ordinary application of the Federal Rules of Civil Procedure, which permit parties ...