PwC Age Discrimination Class Action Settlement Approved by Court

An agreement for PricewaterhouseCoopers LLP to pay $11.6 million to settle class action claims it discriminated against older job applicants was preliminarily approved by a federal court in California, which said the settlement appears fair and reasonable.

The plaintiffs charged that PwC maintained a biased recruiting system for entry-level accounting positions that favored younger applicants, implemented a mandatory early retirement policy, and refused to hire applicants age 40 or older for associate positions in its Tax and Assurance lines of service.

Of the $11,625,000 settlement, up to $4.95 million will go to attorneys’ fees and costs, up to $105,000 will ...