Jury Convicts Goldman Code Theft Defendant

Law360, New York (December 10, 2010, 3:00 PM EST) -- A jury has convicted former Goldman Sachs Group Inc. computer programmer Sergey Aleynikov of trade secrets theft in a case accusing him of taking confidential high-frequency trading code to help build a similar system at upstart firm Teza Technologies LLC.

Jurors returned their verdict on Friday in the U.S. District Court for the Southern District of New York less than a day after beginning deliberations, finding him guilty of both trade secrets theft and interstate transportation of stolen property.

"As today's guilty verdict demonstrates, we will...
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