Limiting The Scope Of EEA: US V. Aleynikov

Law360, New York (February 27, 2012, 1:50 PM EST) -- In a stunning reversal, the Second Circuit on Feb. 16, 2012, reversed the conviction of former Goldman Sachs Group Inc. programmer Sergey Aleynikov, for stealing proprietary source code from the bank’s high-frequency trading program in violation of the Economic Espionage Act and the Interstate Transportation of Stolen Property Act.

When Aleynikov was convicted on Dec. 10, 2010, the government claimed that it represented a major step in its efforts to increase the protection of intellectual property in the United States. Aleynikov has been in prison since...
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