ray filed a whistleblower action in District Court alleging that UBS terminated his employment in violation of §1514A. Murray had worked for UBS as a research strategist in a role that required him to certify—in accordance with applicable Securities and Exchange Com-mission regulations—that his reports to UBS customers on the firm’s

Murray v. UBS Securities, LLC, 601 U.S. 23 (2024), is a United States Supreme Court case regarding the standard for bringing a whistleblower retaliation claim under the Sarbanes-Oxley Act. [1]

On February 8, 2024, the Supreme Court in a 9-0 decision reversed and remanded the decision of the U.S. Court of Appeals for the Second Circuit in Murray v. UBS Securities, LLC. The case...

Aug 14, 2023 · UBS AG and several of its U.S.-based affiliates (together, UBS) have agreed to pay $1.435 billion in penalties to settle a civil action filed in November 2018 alleging misconduct related to UBS’ underwriting and issuance of residential mortgage-backed securities (RMBS) issued in 2006 and 2007. This settlement resolves the last case brought by a …

WASHINGTON, D.C. | February 14, 2024 — On February 8, the U.S. Supreme Court issued a landmark decision in the whistleblower retaliation case Murray v. UBS Securities, LLC.

Aug 14, 2023 · The UBS case is the last RMBS Working Group case resolved by the U.S. Attorney’s Office of the Eastern District of New York. In six cases the Office and its partners recovered over $11 billion in penalties.

Feb 8, 2024 · Prominent California attorney Lisa Bloom and her law firm will pay more than $274,000 to resolve claims that they gave the U.S. government false information in connection with a COVID-19...

On February 8, 2024, the U.S. Supreme Court decided Murray v. UBS Securities, LLC, No. 22-660, holding that whistleblowers do not need to establish retaliatory intent on the part of their employers in order to prove a claim under federal whistleblower protections.

The UBS decision The facts. In the UBS case, UBS AG and UBS France were prosecuted for allegedly jointly organising customer events and meetings on French territory with the aim of enabling the sales people of UBS AG to offer services to French customers and prospects, in violation of French legislation on direct solicitation on banking or ...

Under federal law, whistleblowers who report misconduct at publicly traded companies are protected from retaliation by their employers. In this case, plaintiff Trevor Murray was pressured to misrepresent research findings in client-facing reports and was fired the month after he reported the misconduct to his supervisor.