Third Circ. Rejects Former Goldman Sachs VP's Arguments That Chancery Decision Means Company Must Pay His Legal Bills
"Today, with barely a nod to the Delaware Vice Chancellor's guidance on the subject, the Third Circuit held that its 2013 prediction 'may not be unassailable, but it is not clearly erroneous,' and refused to correct it. I don't think further comment is warranted," said Kevin Marino, the lawyer for Sergey Aleynikov.
February 11, 2022 at 03:40 PM
4 minute read
Financial Services and BankingThe original version of this story was published on New Jersey Law Journal
Sergey Aleynikov, a former vice president of Goldman Sachs Group Inc. who was convicted of stealing computer code from the company, has lost a second attempt to make his former employer pay the legal fees from his defense.
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