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Quant版 - Ex-SocGen Trader Found Guilty of Stealing Secrets
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1 (共1页)
J******d
发帖数: 506
1
Ex-SocGen Trader Found Guilty of Stealing Secrets (Update1)
(Updates with sentencing date in second paragraph.)
By Patricia Hurtado and Bob Van Voris
Nov. 19 (Bloomberg) -- Former Societe Generale SA trader
Samarth Agrawal was found guilty of stealing trade secrets
related to the bank’s high-speed computer trading software.
A federal court jury in New York today delivered the
verdict at the end of a two-week trial. U.S. District Judge Jed
S. Rakoff set Agrawal’s sentencing for Feb. 24. He faces a
prison term of as long as four years and nine months.
Agrawal testified, under questioning by his own lawyer,
Ivan Fisher, that he shared information about Societe Generale’s
trading software with a Manhattan hedge fund, Tower Research
Capital LLC, where he hoped to create a similar system.
Rakoff, who told lawyers he was “puzzled” by Agrawal’s
self-incriminating testimony, said he assumed Fisher was using a
“sympathy defense” on his client’s behalf.
Agrawal was convicted of theft of trade secrets and
transporting stolen property in interstate commerce.
During the trial, Agrawal told jurors his superiors at
Societe General encouraged him to work at home because spending
too many nights and weekends in the office would raise “red
flags” for company security. For that reason, he said, he
printed copies of the computer codes in June 2009 to study at
home.
High-Frequency Trading
Agrawal was hired in 2007 in New York by the Paris-based
bank to be a quantitative analyst in the high-frequency trading
group. He was promoted to trader and given access to the
company’s high-frequency trading software in April 2009,
according to prosecutors.
Later, during 10 to 12 meetings with Tower executives,
Agrawal said, he shared some aspects of a Societe Generale
trading program called DQS, for “distributed quotation
system.” Agrawal said he used Societe Generale’s codes because
he wanted the job at Tower and because he would have had to
build a similar system once hired by the hedge fund.
The case is U.S. v. Agrawal, 10-cr-00417, U.S. District
Court, Southern District of New York (Manhattan).
For Related News and Information:
Top Stories: TOP
Top legal stories: TLAW
Bloomberg legal resources: BLAW
z****g
发帖数: 1978
2
怎么会被起诉的?难道还给别人留了证据?
k*y
发帖数: 102
3
没证据也要起诉,嘿嘿

【在 z****g 的大作中提到】
: 怎么会被起诉的?难道还给别人留了证据?
b********n
发帖数: 609
4
print了code就是证据啊,系统里有记录的。

【在 z****g 的大作中提到】
: 怎么会被起诉的?难道还给别人留了证据?
b********n
发帖数: 609
5
10到12次meeting。。。

【在 J******d 的大作中提到】
: Ex-SocGen Trader Found Guilty of Stealing Secrets (Update1)
: (Updates with sentencing date in second paragraph.)
: By Patricia Hurtado and Bob Van Voris
: Nov. 19 (Bloomberg) -- Former Societe Generale SA trader
: Samarth Agrawal was found guilty of stealing trade secrets
: related to the bank’s high-speed computer trading software.
: A federal court jury in New York today delivered the
: verdict at the end of a two-week trial. U.S. District Judge Jed
: S. Rakoff set Agrawal’s sentencing for Feb. 24. He faces a
: prison term of as long as four years and nine months.

T*******i
发帖数: 4992
6
print了自己看不行呀

【在 b********n 的大作中提到】
: print了code就是证据啊,系统里有记录的。
b********n
发帖数: 609
7
全力支持你也这么干。

【在 T*******i 的大作中提到】
: print了自己看不行呀
J******d
发帖数: 506
8
问题是他真的仔细看了么?
说不定哪个constructor里面有检测域名并自动给SocGen Compliance发信,他也用在
Tower Research了...

【在 T*******i 的大作中提到】
: print了自己看不行呀
m********l
发帖数: 44
9
阿三
T*******i
发帖数: 4992
10
你们公司不能打印code?

【在 b********n 的大作中提到】
: 全力支持你也这么干。
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l***u
发帖数: 91
11
有什么问题吗? 公司没有任何一条规定不能print code

【在 b********n 的大作中提到】
: 全力支持你也这么干。
b********n
发帖数: 609
12
公司规定你一次打印500页然后带回家去??

【在 l***u 的大作中提到】
: 有什么问题吗? 公司没有任何一条规定不能print code
r*******m
发帖数: 109
13
I think partly because there is another SocGen trader moved to Tower
sometime ago and he was recently promoted to take over at SocGen and
immediately he want to move to Tower. SocGen is pissed off.

【在 b********n 的大作中提到】
: 公司规定你一次打印500页然后带回家去??
l********a
发帖数: 126
14
He was accused of copying reams of proprietary code into Microsoft Word documents and printing off hundreds of pages of data and source code.
这个应该不会有记录的。他应该是其他的原因东窗事发了,然后被找到这些copy的。

【在 b********n 的大作中提到】
: print了code就是证据啊,系统里有记录的。
b********n
发帖数: 609
15

documents and printing off hundreds of pages of data and source code.
he was caught on camera.

【在 l********a 的大作中提到】
: He was accused of copying reams of proprietary code into Microsoft Word documents and printing off hundreds of pages of data and source code.
: 这个应该不会有记录的。他应该是其他的原因东窗事发了,然后被找到这些copy的。

M*****8
发帖数: 17722
16
貌似他被自己的律师误了。
法官不是都惊讶吗?
1 (共1页)
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相关话题的讨论汇总
话题: agrawal话题: he话题: societe话题: tower话题: generale