Thursday, September 27, 2012

Former Programmer Demands That Goldman Cover His Legal Fees



Not as outrageous as it may seem.  From New York Times’ Dealbook: A former Goldman Sachs programmer charged a second time with stealing valuable computer code from the investment bank is fighting back, demanding that his former employer cover his mounting legal fees.

On Tuesday, the programmer, Sergey Aleynikov, sued Goldman in Federal District Court in New Jersey. He wants the financial firm to pay for the nearly $2.4 million in costs he has racked up defending himself in both an overturned federal case and a pending state proceeding by the Manhattan district attorney.

Those costs are likely to grow as the case by the district attorney, Cyrus R. Vance Jr., progresses. A grand jury has handed up an indictment, and Mr. Aleynikov is expected to be arraigned on Thursday, according to a person with direct knowledge of the matter, who spoke on condition of anonymity because the grand jury’s actions are private until the arraignment.  Mr. Aleynikov’s lawyer, Kevin H. Marino, has requested a $500,000 retainer fee as he and his partners at Marino, Tortorella & Boyle in Chatham, N.J., prepare Mr. Aleynikov’s defense….

No comments:

Post a Comment