The Supreme Court unanimously ruled against an investment bank on Feb. 8, reinstating a $900,000 jury award in favor of whistleblowers claiming retaliation.
In a highly technical ruling in Murray v. UBS Securities LLC, the justices found that the Sarbanes-Oxley Act of 2002, a financial services reform law aimed at protecting investors, does not require whistleblowers to demonstrate that they were the victims of intentional retaliation.
