9 years ago
‘Flash Boys’ Programmer [Sergey Aleynikov] in Goldman Case Prevails Second Time
Nobody disputes that the former Goldman Sachs programmer took high-frequency trading (HFT) code to another job. He has been exonerated because — for the second time — a judge ruled what he did isn’t a crime. This time it was a New York state judge who decided, as a federal judge had in 2012, that “existing criminal laws are a bad fit,” reports Chris Dolmetsch of BloombergBusiness.
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Michael Lewis: Did Goldman Sachs Overstep in Criminally Charging Its Ex-Programmer?
In this 2013 article from Vanity Fair, Michael Lewis reviews the circumstances and how this went from a dispute between a employer and an employee to a criminal case.
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