A federal appeals court ruled in favor of PricewaterhouseCoopers during a lawsuit involving overtime pay for junior accountants.
Approximately 2,000 unlicensed young accountants had sued the firm in a class action, saying it had not paid them the mandatory overtime pay they were due under California state law. A lower court had earlier ruled that PwC was not entitled to exempt the junior accountants from the state overtime laws.
However, the 9th Circuit Court of Appeals reversed that ruling on Wednesday and sent the case back to the lower district court in Sacramento for further proceedings, according to Reuters.
A spokesperson for the firm told the Going Concern blog, “PwC is pleased that the Ninth Circuit supported its arguments in this important case. The firm greatly values these employees and considers their work an integral part of PwC’s success.”
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