Ex-Goldman Programmer Convicted of Code Theft

It didn't take a federal jury long to convict programmer Sergey Aleynikov of stealing computer code used for high-speed trading, from Goldman Sachs.

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A U.S. District Court jury in Manhattan Friday convicted Aleynikov, 40,  North Caldwell, N.J., of theft of trade secrets and transportation of stolen property in interstate and foreign commerce.

Aleynikov, who was moving from Goldman to startup Teza Technoogies,  faces sentencing in March.  Aleynikov and his lawyer, Kevin Marino, declined to comment after the verdict.

The case went to the jury Thursday.

A longer story is here.


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