Aleynikov v. Goldman Sachs Group, Inc.
United States District Court for the District of New Jersey
2013 WL 5739137 (2013)
Sergey Aleynikov (plaintiff) was an employee of Goldman, Sachs & Co. (GSCo), a limited liability partnership and subsidiary of the corporation Goldman Sachs Group, Inc. (GS Group) (defendant). Aleynikov was a vice president at GSCo. GS Group’s bylaws required it to indemnify and advance expenses, including attorney’s fees, incurred by a person who was a current or former director or officer of the corporation, or its subsidiary, in defense of any legal proceedings that arose because of that person’s position as a director or officer. After Aleynikov left GSCo, he was charged and convicted in federal court for theft of trade secrets and transportation of stolen property in interstate commerce, relating to his taking a confidential computer code. The conviction was reversed on appeal, and Aleynikov was acquitted on remand. Aleynikov was then indicted in New York state court for theft of the computer code. While the state court case was pending, Aleynikov sued GS Group, seeking indemnification for the legal fees and expenses he incurred in the federal criminal case and advancement of legal fees and expenses in the ongoing state criminal case. Aleynikov moved for summary judgment.
Rule of Law
Holding and Reasoning (McNulty, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 97,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.
Here's why 174,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 14,000 briefs, keyed to 188 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.