Ex-Goldman VP Asks 3rd Circ. To Rehear $2.3M Fee Case

Law360, New York (September 17, 2014, 8:22 PM EDT) -- A former Goldman Sachs vice president on Tuesday asked the Third Circuit to rehear its decision reversing an order requiring Goldman Sachs Group Inc. to pay $2.3 million for his legal bills over charges for theft of high-frequency-trading code, saying the appeals court overlooked decisions contradicting its reasoning.

Sergey Aleynikov says the Third Circuit’s split decision earlier this month — which found that his VP title doesn't necessarily make him an "officer" eligible for company-backed indemnification — defies the rulings in two Delaware state courts, which found that the doctrine of contra proferentem, which provides that ambiguous contracts be resolved in...

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