Ex-Goldman Sachs Coder Says DA's Theft Case Is 'Inhuman'

Law360, New York (January 18, 2013, 5:50 PM EST) -- A former Goldman Sachs Group Inc. computer programmer told a New York state judge Friday that the Manhattan district attorney was trying to convict him of stealing the bank's high-frequency trading computer code only because federal prosecutors couldn't get him.

Sergey Aleynikov, who beat federal charges of swiping the bank's algorithm when he left for another firm only to have state charges filed against him months later, has been forced to face the second prosecution only because of a "turf war" between Manhattan District Attorney Cyrus...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.