'Crossing' Goldman Sachs

Tartare Sauce

Sergey Aleynikov, the former Goldman Sachs programmer accused of stealing company secrets, violated a confidentiality agreement with the bank — but that doesn’t make it a crime, lawyers for the 45-year-old defendant told a jury Wednesday.

'The only thing Sergey Aleynikov is guilty of is crossing Goldman Sachs', lawyer Kevin Marino said at the opening of trial in Manhattan state court.

The New York Post reports that violating a policy 'cannot be converted into a criminal offense no matter how powerful your company is', Marino said.

District Attorney Cyrus Vance has pursued a criminal case against Aleynikov over copying the Goldman 'secret sauce' despite that fact that a federal appeals court in 2012 overturned a 2010 conviction on similar charges.

To access the complete New York Post article hit the link below:

Lawyers claim ex-Goldman programmer broke policy – not the law

Rakoff backs SEC on insider trading laws

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