UBS has lost a bid to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports.
US District Judge Jesse Furman in Manhattan found that Trevor Murray, who was fired in February last year, could move forward with his case. Murray alleges that after he complained to superiors, the Swiss bank retaliated against him in violation of the Dodd-Frank Act.
via Business feed http://www.scmp.com/business/banking-finance/article/1243335/ex-strategist-can-sue-ubs-whistleblower-us-judge
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