UBS Clash at Supreme Court Tests Rules for Whistleblower Suits

The US Supreme Court considered reinstating a $900,000 jury verdict won by a fired UBS Group AG research strategist in a case that could make it easier for whistleblowers to win suits claiming retaliation under a federal investor-protection law.

(Bloomberg) — The US Supreme Court considered reinstating a $900,000 jury verdict won by a fired UBS Group AG research strategist in a case that could make it easier for whistleblowers to win suits claiming retaliation under a federal investor-protection law. 

At issue in Tuesday’s arguments was whether whistleblowers must explicitly prove they were the victims of intentional retaliation. The case centers on Trevor Murray, who claims he was fired for refusing to skew his reports to help the company’s business strategies.  

 

More stories like this are available on bloomberg.com

©2023 Bloomberg L.P.