US Wants Partial Seal In Goldman Trade Secrets Trial

Law360, New York (October 27, 2010, 2:05 PM EDT) -- The U.S. government has asked a federal judge to close the courtroom for part of a trial against an ex-Goldman Sachs & Co. employee charged with stealing trade secrets, so as not to expose proprietary information about the investment bank’s high-frequency trading systems.

In a motion filed Tuesday in the U.S. District Court for the Southern District of New York, prosecutors also asked the court to seal documents relating to the trading platform, citing federal evidence rules, as well as the Economic Espionage Act of 1996,...
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