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GS Goldman Sachs Group Inc

429.25
2.54 (0.60%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Goldman Sachs Group Inc NYSE:GS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.54 0.60% 429.25 433.43 425.19 426.69 2,313,634 00:58:53

Judge Rejects Request For a Delay in Former Goldman Programmer Case

01/04/2015 7:44pm

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By Samuel Rubenfeld 

A New York judge rejected a request by prosecutors to delay the trial of a former Goldman Sachs programmer who has been charged with the alleged theft of the investment bank's secret computer code.

Prosecutors, in a hearing, cited witness availability and a lack of readiness for bringing the case against Sergey Aleynikov as a reason for the proposed delay.

Judge Daniel Conviser said he didn't understand why prosecutors weren't ready despite a firm date set for trial.

Kevin Marino, a lawyer for Mr. Aleynikov, called the government's request, "outrageous."

He was initially arrested and charged by federal authorities in 2009 for allegedly stealing Goldman Sachs Group Inc.'s secret high-frequency-trading computer code. He was convicted in 2010, imprisoned for a year, acquitted on appeal, and then rearrested on state charges in 2012.

Mr. Aleynikov has the denied the charges and pleaded not guilty.

Mr. Marino read out a transcript from a December hearing in which prosecutors had proposed an April 1 trial date, and noted that at a March hearing prosecutors didn't indicate any issues of witness availability.

The hearing continues later Wednesday.

Write to Samuel Rubenfeld at samuel.rubenfeld@wsj.com

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