UBS Whistleblower’s Retaliation Case Taken Up by Supreme Court

The US Supreme Court agreed to examine whether a former UBS Securities LLC research strategist suing the company for allegedly firing him for whistleblowing must prove that he was intentionally retaliated against.

The justices on Monday granted Trevor Murray’s bid to review a US Court of Appeals for the Second Circuit decision overturning a $1.7 million jury verdict against UBS Securities and parent UBS AG in his whistleblower suit.

The Second Circuit found that the whistleblower protection provisions of the Sarbanes-Oxley Act require Murray to prove that the bank acted with retaliatory intent.

This decision not only raised a whistleblower’s ...