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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 |
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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