Alexis Ronickher Quoted by Law360
Alexis Ronickher was recently quoted in a new article from Law360, “High Court Whistleblower Case is Bigger Than Wall Street.”
On May 1, the Supreme Court agreed to hear an appeal brought by a former UBS employee who says he was fired after alerting his boss to potential illegal activity within the company. Although he was awarded a substantial amount by a Manhattan federal jury, the Second Circuit later overturned the verdict, claiming that the judge did not properly explain that the jury needed to find that UBS acted with “retaliatory intent.” The Supreme Court will now look specifically at whether the Second Circuit improperly contracticed four other circuit courts that have imposed lesser standards of proof on whistleblowers based on protections found in teh Sarbanes-Oxley Act. Accoridng to Ms. Ronickher, the Supreme Court’s decision in the case could have a sweeping impact across industries.
“I do think that the Murray decision has made a mess of the pretty well-understood causation analysis in these cases,” Ms. Ronickher said.
Read the full article here.