Goldman is spared legal fees in ex-programmer's theft case
Jef Feeley
Updated
A former Goldman Sachs Group programmer who was cleared of charges he stole the investment firm's computer-trading codes lost his bid to force the bank to pay for the lawyers who won his case.
The Delaware Supreme Court concluded on Friday that Sergey Aleynikov, though he had a vice-president's title, was not entitled to reimbursement from the bank because he did not have the managerial authority of a corporate officer.
Bloomberg
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