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Sunday, April 5, 2026

2nd Circ. Wary Of Tossing UBS Whistleblower's $1M Trial Win - Law360

By Rachel Scharf (April 1, 2022, 2:43 PM EDT) -- The Second Circuit appeared dubious Friday of UBS AG's argument that allegedly faulty jury instructions allowed a former mortgage analyst to win a nearly $1 million whistleblower verdict, with one member of the panel noting that "jurors are not robots. "During oral arguments, counsel for UBS urged the appellate court to reverse a Manhattan federal jury's 2017 finding that Trevor Murray was fired in retaliation for complaining about pressure to skew his commercial mortgage-backed securities research to impress investors. Thomas G. Hungar of Gibson Dunn & Crutcher LLP said jurors should have been required to find retaliatory intent before holding the. . .

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Read Full Story: https://www.law360.com/articles/1479767/2nd-circ-wary-of-tossing-ubs-whistleb...