Sunday, May 3

Former Goldman Sachs programmer convicted of stealing code in second trial

A former Goldman Sachs programmer—featured in the book Flash Boyswas convicted on Friday for stealing high-speed trading code from the bank.

Sergey Aleynikov, 45, was also acquitted on one count of unlawful duplication, according to Reuters. The New York state jury could not come to a verdict on another count of unlawful use of secret scientific material.

This was the second trial for Aleynikov in five years. He could face up to four years in prison.

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