Goldman's Vague Corporate Titles May Still Cost It Millions

Law360, New York (September 5, 2014, 7:11 PM EDT) -- Goldman Sachs Group Inc. may have won over the Third Circuit when the court axed an award of legal fees to a former vice president accused of stealing trading code, but the bank could have avoided the mess — and the prospect of further litigation — had it better defined what being a Goldman VP means, attorneys say.

Instead, Goldman now returns to the lower court to face more litigation on former programmer Sergey Aleynikov’s demands for indemnification and advancement of attorneys' fees tied to his yearslong quest to clear his name of theft charges brought over the proprietary code he...

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