Labor/Employment,
U.S. Supreme Court
Mar. 7, 2024
Employers face increased risk of SOX retaliation claims with Supreme Court's Murray ruling
Employers should anticipate more whistleblower tips, create a culture of compliance, establish a centralized tip reporting system, conduct prompt and fair investigations, maintain communication with whistleblowers, and document employee performance.
Employers that improperly retaliate against employees because of their whistleblowing may be subject to claims under the Sarbanes-Oxley Act (SOX). A SOX retaliation case before the U.S. Supreme Court, Murray v. UBS Securities, LLC, et al., held the potential for refinements to the preexisting framework applied in these cases - requiring additional proof from plaintiffs. Yet earlier this month in that case, the U.S. Supreme Court unanimousl...
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