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Supreme Court Decision in SOX Retaliation Case “A Major Win for Whistleblowers”
On February 8, the U.S. Supreme Court issued a unanimous ruling in Murray v. UBS Securities, LLC, a Sarbanes-Oxley Act (SOX) whistleblower case with widespread implications for the ability of whistleblowers to seek anti-retaliation protections under federal whistleblower laws. The Supreme Court ruled that whistleblowers do not need to prove retaliatory intent in order to be protected under SOX. “This is a major win for whistleblowers and thus a huge win for corporate accountability,” said leading whistleblower attorney David Colapinto, a founding partner of Kohn, Kohn & Colapinto (KKC). “A ruling in favor of UBS would have overturned more than...
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