March 12 (Reuters) - UBS has reached an
agreement in principle with whistleblower Trevor Murray, a
former bond strategist who accused the Swiss bank of firing him
in retaliation for refusing to publish misleading research
reports, U.S. court filings on Wednesday showed.
The parties expect to reach a final settlement within 30
days, according to a joint statement by UBS and Murray, ending
legal proceedings that began after his 2012 firing.
A New York appeals court last year threw out a $2.6 million
jury award in favor of Murray, which the U.S. Supreme Court had
earlier reinstated, in a 2024 ruling that made it easier for
whistleblowers to win such lawsuits.