Supreme Court Issues Decision On “Retaliatory Intent” Requirement Under Sarbanes-Oxley
On February 8, 2024, the United States Supreme Court issued its decision in Murray v. UBS, 22-660, _S.Ct._(2024), a case involving the Sarbanes-Oxley Act of 2002. Sarbanes-Oxley was passed as a result of the Enron scandal, where the company used illicit accounting practices to inflate their revenue to appear more profitable. Enron employees who raised concerns about Enron’s corrupt practices faced unfavorable treatment and even termination...
read more