Internal Whistleblowing Deserves Protection, Judge Tells UBS

Law360, New York (May 22, 2013, 1:07 PM EDT) -- The Dodd-Frank Act protects whistleblowers from retaliation even if they report wrongdoing internally rather than to the U.S. Securities and Exchange Commission, a New York federal court ruled Tuesday, rejecting UBS AG’s bid to dismiss claims by a former mortgage-backed securities strategist.

U.S. District Judge Jesse M. Furman denied UBS’s motion to throw out the Aug. 2 complaint by Trevor Murray. The bank is accused of firing Murray after he complained internally that bank officials were pressuring him to skew his research to support the firm’s...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

Murray v. UBS Securities, LLC et al


Case Number

1:12-cv-05914

Court

New York Southern

Nature of Suit

Labor: Other

Judge

Katherine Polk Failla

Date Filed

August 2, 2012

Law Firms

Companies

Government Agencies

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.