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Intellectual Property Law

: The Trade Secrets Vault

Societe Generale Former Trader's Trial Should Be Partly Closed, U.S. Says - Bloomberg

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By: Patricia Hurtado Samarth Agrawal, the former Societe Generale trader accused of stealing the bank's computer code for high-frequency trading, should be tried partly behind closed doors to protect the company's trade secrets, the U.S. said. Agrawal, arrested in April, was charged by federal prosecutors with theft of trade secrets. The government said Agrawal, hired by Societe Generale in New York in March 2007 to work as a quantitative analyst in the high-frequency trading group, made copies of one part of the code he'd been given access to and another part he wasn't allowed to have. To read the complete news article published in Bloomberg, please click here.

Full post as published by The Trade Secrets Vault on November 03, 2010 (boomark / email).

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