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20 Apr 2012, 6:11 am by Staci Zaretsky
" Rajabba the Hut seems to have had a second Goldman Sachs tipper. [read post]
20 Apr 2012, 5:57 am by Joe Palazzolo
WSJ Insider-trading probe: Federal prosecutors preparing for the insider-trading trial against former Goldman Sachs Group Inc. director Rajat Gupta have disclosed a fourth alleged Goldman insider under investigation. [read post]
20 Apr 2012, 3:10 am
A katpat goes to Amanda Harcourt for this link to "Code Not Physical Property, Court Rules in Goldman Sachs Espionage Case", Wired. [read post]
19 Apr 2012, 12:10 pm by Brandon Gatto
[JURIST] Federal Judge Denise Cote on Wednesday dismissed a securities lawsuit [opinion, PDF] against Goldman Sachs Group Inc. [read post]
19 Apr 2012, 6:43 am by SECLaw Staff
FINRA also announced today a settlement with Goldman for supervisory and other failures related to the huddles.SEC Charges Goldman, Sachs & Co. [read post]
19 Apr 2012, 2:44 am by tracey
“A group of activists is to raise a preliminary challenge to an alleged ‘sweetheart’ tax settlement between HM Revenue and Customs (HMRC) and investment bank Goldman Sachs, according to a national newspaper.” Full story OUT-LAW.com, 18th April 2012 Source: www.out-law.com [read post]
18 Apr 2012, 3:59 pm by Kenneth J. Vanko
To put it mildly, she found a narrow path - a very narrow path - to victory.Economic Espionage ActThe Second Circuit overturned the conviction of former Goldman Sachs programmer Sergey Aleynikov in U.S. v. [read post]
18 Apr 2012, 10:52 am by Greg Jacobs
Apr. 11, 2012), the Second Circuit held that Aleynikov’s conduct was beyond the scope of the NSPA when he misappropriated Goldman Sachs’ proprietary source code for high frequency trading because the source code consisted of “purely intangible property,” and not “goods, wares, merchandise, securities or money. [read post]
18 Apr 2012, 5:00 am by Greg Diamond
Other issues the plaintiffs had with the merger included Goldman Sachs’ (“GS”) role and its alleged conflict of interest. [read post]
17 Apr 2012, 5:30 am by Russell Beck
Aleynikov, the 2nd Circuit refused to extend the Economic Espionage Act to reach software stolen by the former Goldman Sachs programmer. [read post]
16 Apr 2012, 10:38 am by Courtney Minick
The 2nd Circuit issued an interesting opinion in a criminal case against a former Goldman Sachs employee, Sergey Aleynikov, who was charged with theft for stealing computer code. [read post]
16 Apr 2012, 10:38 am by Courtney Minick
The 2nd Circuit issued an interesting opinion in a criminal case against a former Goldman Sachs employee, Sergey Aleynikov, who was charged with theft for stealing computer code. [read post]
16 Apr 2012, 9:14 am by Anthony Lake
Aleynikov was a computer programmer for Goldman Sachs & Co., who developed source code for Goldman's high-frequency trading (HFT) system, which permitted large-volume trading of securities and commodities to be made in a fraction of a second. [read post]
16 Apr 2012, 4:14 am by Anthony Lake
Aleynikov was a computer programmer for Goldman Sachs & Co., who developed source code for Goldman’s high-frequency trading (HFT) system, which permitted large-volume trading of securities and commodities to be made in a fraction of a second. [read post]
15 Apr 2012, 3:30 pm
Court of Appeals for the Second Circuit issued its eagerly-awaited opinion explaining its reasons for vacating the conviction of former Goldman Sachs' programmer, Sergey Aleynikov, under the Economic Espionage Act (EEA). [read post]
15 Apr 2012, 11:27 am by Charles Bieneman
The criminal defendant, Aleynikov, celebrated his last day of work at Goldman Sachs by stealing, via an upload to a server in Germany, source code related to Goldman’s proprietary trading system. [read post]
13 Apr 2012, 6:27 am by Rachel, Law Clerk
Here are the leading legal headlines from Wise Law on Twitter for Friday, April 13, 2012: Edwards Case Puts Definition of ‘Contribution’ on Trial A Judge’s Crusade against Saggy Pants Goldman Sachs paying $22 million to settle SEC charges The Sexual Sadism of the Michigan Department of Correctionsy from @firedoglake California Employers Must Provide Meal Breaks, Court Says Oshawa Justice of the Peace suspended for sexually harassing female court… [read post]
12 Apr 2012, 9:09 am by D. Daxton White
FINRA recently announced that it has fined Goldman, Sachs & Co. $22 million for failing to supervise equity research analyst communications with traders and clients and for failing to adequately monitor trading in advance of published research changes to detect and prevent possible information breaches by its research analysts. [read post]
12 Apr 2012, 8:55 am by Sacha Boegem
The Federal Reserve announced on April 3rd that it had issued a consent order against Morgan Stanley, just as it did last year against Goldman Sachs, requiring that Morgan Stanley “provide remediation to borrowers who suffered financial injury as a result of wrongful foreclosures or other deficiencies identified in a review of the foreclosure process.” [read post]