InfoAnda - Court's Goldman programmer ruling limits prosecutors |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Koreas exchange gunfire at land border | | 29 October 2010
World Bank tried to blackmail Bolivia: Morales | International | | 23 April 2009
Chavez's army ally rises to fore in Venezuela | | 23 March 2012

Pakistan Taliban take responsibility for bombings | 3 September 2010

Forum Views () Forum Replies ()

Read more with google mobile : Court's Goldman programmer ruling limits prosecutors |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) REUTERS TV Tech Tonic Facebook's next big purchase Mark Zuckerberg says Facebook won’t make many deals like its $1 billion agreement to buy photo-sharing site Instagram. But venture capitalist Jason Mendelson of Foundry Group says Facebook has other holes it may need to fill through sizable acquisitions. Video Groupon learns why going public sucks Sony to post biggest-ever annual loss Rocky first year for Google's Larry Page as CEO Best apps for watching Major League Baseball Follow Reuters Facebook Twitter RSS YouTube Read Defiant North Korea begins injecting fuel into rocket | 3:56pm EDT Huge quakes off Indonesia stir panic, but no big tsunami | 5:11pm EDT Trayvon Martin call was "mistake, not deliberate": NBC 08 Apr 2012 Wall Street rises after five losing days, Alcoa soars | 4:33pm EDT Charges expected in shooting of black Florida teen 4:27pm EDT Discussed 316 Tyler Perry Pulled Over, Accuses White Cops of Racial Profiling via Facebook 292 Analysis: Justice Kagan–Giving liberals a rhetorical lift 291 Trayvon Martin call was ”mistake, not deliberate”: NBC Watched Transgender beauty says she wants to compete for Miss Universe Tue, Apr 3 2012 Horror hits the runway in Japan Fri, Mar 23 2012 Quake off Indonesia sparks tsunami alert 7:25am EDT Court's Goldman programmer ruling limits prosecutors Tweet Share this Email Print Related News Viacom wins reversal in landmark YouTube case Thu, Apr 5 2012 Supreme Court takes up healthcare in secrecy Fri, Mar 30 2012 Obama lawyer asks Supreme Court to save healthcare law Wed, Mar 28 2012 Supreme court unlikely to delay healthcare ruling Mon, Mar 26 2012 Timeline: Chronology of Obama healthcare law legal battle Mon, Mar 26 2012 Analysis & Opinion Brune & Richard ethics pickle: must defense lawyers probe jurors? How to end tax fraud Related Topics U.S. » Tech » Media » iPad » By Grant McCool and Jonathan Stempel NEW YORK | Wed Apr 11, 2012 3:49pm EDT NEW YORK (Reuters) - A federal appeals court set back government efforts to prosecute corporate espionage with an opinion that explained its recent decision to throw out the conviction of a former Goldman Sachs Group Inc computer programmer. The 2nd U.S. Circuit Court of Appeals in New York said on Wednesday the taking of source code by Sergey Aleynikov was not a crime under a 1996 law that makes it illegal to steal trade secrets. The court said the code did not qualify as stolen goods under another federal law. "We decline to stretch or update statutory words of plain and ordinary meaning in order to better accommodate the digital age," Chief Judge Dennis Jacobs wrote for a unanimous three-judge panel. On February 17, the 2nd Circuit set Aleynikov free after he had served 11 months of an eight-year prison term for stealing high-frequency trading computer code from Goldman Sachs, the Wall Street investment bank. Wednesday's opinion provided the legal reasoning for that unusual decision, which came just hours after Aleynikov's lawyer had argued in court to have his client's December 2010 conviction reversed. "Prosecutors brought this case to send a message about economic espionage in the information age. This is a major setback," said Joel Reidenberg, a professor at Fordham University School of Law and director of the Fordham Center on Law and Information Policy. CLOSER LOOK Wednesday's decision might also change the willingness of companies to ask for law enforcement assistance when they believe employees are taking trade secrets to competitors. Aleynikov was arrested by FBI agents in July 2009 after Goldman reported suspicions about him to authorities. Companies probably need to "take a closer look as to whether today's opinion has an impact on their individual situation," said Brent Cossrow, a partner at Fisher & Phillips in Radnor, Pennsylvania who practices in the area of employee defections and trade secrets. He is not involved in the Aleynikov case. The government accused Aleynikov of copying and removing trading code from Goldman in 2009 as he was preparing to take a new job at Teza Technologies LLC, a high-frequency trading start-up in Chicago. Teza was not accused of wrongdoing. Aleynikov was criminally charged with violating the federal Economic Espionage Act and the National Stolen Property Act. U.S. Attorney Preet Bharara in Manhattan declined to comment, a spokeswoman for his office said. Bharara has not said whether he plans to appeal the panel ruling to the full 2nd Circuit Court of Appeals. Kevin Marino, a lawyer for Aleynikov, said, "We are extremely pleased with the 2nd Circuit's decision, which represents a complete repudiation of this prosecution." Goldman spokesman Michael DuVally declined to comment. Wednesday's decision was the government's second setback in fighting computer-related fraud in as many days. On Tuesday, a federal appeals court in San Francisco said the government could not use the Computer Fraud and Abuse Act, an anti-hacking statute, to prosecute people who misused corporate data obtained legally. It said the government's broad reading of that law could make it illegal to check email, use Facebook or surf the Internet at work. STOLEN FORMULAS? In the Aleynikov opinion, Jacobs wrote that the "highly valuable" source code at the center of the case was not physical "goods" or "wares" or "merchandise" within the meaning of the stolen property law. Goldman "went to great lengths to maintain the secrecy of its system," Jacobs wrote. "The enormous profits the system yielded for Goldman depended on no one else having it." Reidenberg said that while theft of trade secrets can be a state criminal offense, the 2nd Circuit's reasoning, if applied elsewhere, will shoulder companies with much of the burden to fight corporate espionage through civil lawsuits. "Federal prosecutors will have a very difficult time treating theft of trade secrets as a criminal offense," he said. "It would be like someone trying to steal the formula for Coca-Cola. A court could, however, decide that the law could apply to a company keeping secret its plans for a new product, such as the next iPad, that will go into interstate commerce." In a case similar to Aleynikov's, former Societe Generale trader Samarth Agrawal was sentenced to three years in prison in February 2011 for stealing speed-trading computer code secrets and transporting the code across state lines. The case is U.S. v. Aleynikov, 2nd U.S. Circuit Court of Appeals, No. 11-1126. (Reporting by Grant McCool and Jonatha Stempel, Editing by Maureen Bavdek, Bernadette Baum and Steve Orlofsky) U.S. Tech Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 12 April 2012
Analysis: Egypt's Brotherhood raises stakes by excluding IMF |
Greece calls May 6 poll that may create stalemate |
Five killed in bombings targeting Shi'ites in Iraq |
Mexico's ruling conservatives pump up attacks on rival |
South Korea's conservatives headed for a surprise parliamentary win |
First president of independent Algeria dies: state media |
U.S. condemns violence in Bahrain, urges reforms |
Targeting the mobile market |
Nokia flagship smartphone's materials cost $209: IHS |
Verizon Wireless to charge $30 fee for upgrades |
Court's Goldman programmer ruling limits prosecutors |
Best Buy board still probing ex-CEO's conduct |
Police say Houston death not criminal, case closed |
A Minute With: Martin Scorsese on time running out |
Minaj ousts Madonna from top of Billboard chart |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01