Ex-Goldman programmer faces second trial on code theft

Goldman Sachs Blink

A former Goldman Sachs computer programmer charged with stealing code from the investment bank is scheduled to go on trial on Wednesday, the second time in five years he will be in front of a jury for essentially the same accusations.

Reuters reports that the trial for Sergey Aleynikov, 45, is scheduled to take place in Manhattan state court over a 2009 episode in which Goldman says he stole the computer code as he prepared to leave for a high-frequency trading startup.

Aleynikov’s case inspired 'Flash Boys', Michael Lewis’ best-selling book last year about high-frequency trading.

Aleynikov went to prison after his first trial, when a jury in federal court convicted him of violating a corporate espionage law. An appeals court threw out the conviction, saying the anti-espionage law did not apply and setting him free after about a year.

To access the complete Reuters article hit the link below:

Ex-Goldman programmer faces second U.S. trial on code theft charges

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