Former Goldman Sachs Programer Vindicated In Court

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Mark Melin
Published on
Updated on

Just two months after former Goldman Sachs employee Sergey Aleynikov, 45, faced a Manhattan courtroom, winning an odd split decision, he was vindicated today on the one charge that had stuck. Prosecutors “did not prove former Goldman Sachs employee committed this particular obscure crime” in court Manhattan Supreme Court Justice Daniel Conviser ruled that prosecutors “did not prove he committed this particular obscure crime” despite the fact that Aleynikov “doubtless acted wrongly.” Aleynikov was initially convicted by Federal prosecutors of stealing old computer code in December of 2010, some of it open source, which was part of a patchwork system used by…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.