UBS settles whistleblower lawsuit with Trevor Murray

UBS reached an agreement to settle a 13-year whistleblower lawsuit with former strategist Trevor Murray. The parties resolved the dispute through mediation.

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UBS Group AG has reached a settlement in principle with former bond strategist Trevor Murray, concluding a whistleblower lawsuit that has lasted over 13 years. The dispute, which reached the Supreme Court of the United States, involved allegations that the bank retaliated against Murray for his refusal to produce misleading research reports.

The UBS logo is displayed on a building located next to the Federal Palace of Switzerland in Bern. REUTERS/Pierre Albouy/File Photo
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