UBS: Petition Fails To Tackle Bases Panel Used In Vacating SOX Ruling

Mealey's (March 23, 2023, 2:53 PM EDT) -- WASHINGTON, D.C. — A whistleblower’s petition for writ of certiorari in a Sarbanes-Oxley Act of 2002 (SOX) retaliation lawsuit should be denied because while his question presented asks the U.S. Supreme Court to determine whether liability for retaliation under SOX requires a showing of “retaliatory intent,” the whistleblower fails to address both bases used by the Second Circuit U.S. Court of Appeals in vacating a federal district court’s judgment in his favor, UBS Securities LLC and UBS AG argue in a respondent’s brief filed in the Supreme Court....