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UBS Whistleblower Sees ‘No Protections’ in France for Disclosers of Wrongdoing
printIn the summer of 2008, then-UBS AG marketing specialist Stephanie Gibaud was faced with the unpleasant choice of whether to comply with her employer's request that she destroy records potentially indicating that the bank had courted tax-evading clients. When she refused, the bank psychologically bullied Gibaud until her departure in 2012, a Paris labor tribunal ruled last March. The Swiss institution, which in 2009 reached a $780 million settlement with U.S. authorities after former employee Bradley Birkenfeld turned over data indicating that it had aided American tax dodgers, has since paid more than €1 billion in bail as part of...
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