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Browse: Home / 2023 / May / 05 / UBS Whistleblower Case Creates Avenue to Upend Retaliation Test

UBS Whistleblower Case Creates Avenue to Upend Retaliation Test

By Securities Docket on May 5, 2023, 8:08 am

Whistleblowers across various industries potentially face a heightened standard for proving retaliation now that the US Supreme Court is on course to clarify the burden-shifting framework in a case involving a former UBS employee.

The justices agreed earlier this week to hear a former UBS Securities LLC research strategist’s whistleblower case, the crux of which turns on whether the Sarbanes-Oxley Act requires him to show that the bank fired him with retaliatory intent, not just that the protected disclosure was a contributing factor to the decision.

Source: UBS Whistleblower Case Creates Avenue to Upend Retaliation Test

Posted in Industry, SEC, Top | Tagged Whistleblowers

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