Manhattan District Attorney Considers Formal Charges Against Computer Programmer For Alleged Theft of Confidential Trading Codes

On August 15, state proceedings were temporarily adjourned while prosecutors decide whether to file formal charges against programmer Sergey Aleynikov in this high profile trade secret/data theft matter.

Last week, Aleynikov was charged with state crimes for the alleged theft of confidential trading codes, despite the fact that the federal court of appeals had already dismissed federal charges earlier this year. The state prosecutors have not yet announced a formal grand jury indictment against Aleynikov.

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