Lifting Code Not A Crime, Ex-Goldman Programmer Says

Law360, New York (November 30, 2010, 1:49 PM EST) -- A lawyer for a former Goldman Sachs & Co. computer programmer charged with stealing the bank's high-frequency trading code tried to persuade jurors Tuesday that his client's actions did not constitute a crime but rather a breach of a confidentiality agreement.

During opening arguments in the trade secrets trial, Kevin H. Marino of Marino Tortorella & Boyle PC portrayed the actions of his client Sergey Aleynikov — who is accused of lifting Goldman code in advance of taking a new job at trading company Teza Technologies...
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