Ex-Goldman Programmer on Trial in NYC

Tuesday, Nov 30, 2010  |  Updated 3:30 PM EDT
View Comments (
)
|
Email
|
Print
Ex-Goldman Programmer on Trial in NYC

Getty Images

NEW YORK - JULY 24: Financial professionals work in the Goldman Sachs booth on the floor of the New York Stock Exchange at the end of the trading day at the July 24, 2009 in New York City. The Dow Jones Industrials ended the week above 9000 as tentative optimism about the state of the economy send stocks skyward. (Photo by Chris Hondros/Getty Images)

advertisement

A former Goldman Sachs computer programmer has gone on trial in New York on charges he stole the company's trade secrets to boost the capabilities of a rival firm that hired him.      

A prosecutor told a jury Tuesday in federal court in Manhattan that Sergey Aleynikov knew exactly what he was doing when he downloaded some of Goldman's secret computer codes just before he left the company.      

A defense lawyer for Aleynikov said his client violated company rules by downloading information but committed no crime because he never intended on using any information that belonged solely to Goldman.      

The FBI arrested Aleynikov last July, shortly after he left Goldman.

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Follow us on Instagram!
We post photos taken by our news team... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out