Judge overturns ex-Goldman programmer's conviction

Sergey Aleynikov (center) appears with his lawyer, Kevin Marino, at Manhattan Criminal Court in New York, Aug. 9, 2012.
Steven Hirsch | Pool | Reuters

A Manhattan judge on Monday tossed out ex-Goldman Sachs Group programmer Sergey Aleynikov's conviction in a code theft case.

"With today's decision, Sergey Aleynikov has been acquitted of every single crime two sets of prosecutors could conjure in their zeal to do the bidding of Goldman Sachs," Kevin Marino, Aleynikov's attorney, said in a statement about New York State Supreme Court Justice Daniel Conviser's decision, according to Reuters.

"Today's decision is a resounding vindication of the American system of government. Sergey Aleynikov placed his faith in that system, and it has been rewarded," Marino added.

Aleynikov was convicted on May 1 after a jury found him guilty on one count of stealing "secret scientific material" from the investment banking giant.

The conviction came a couple of days after the judge overseeing the case removed two jurors after a conflict between the two marred deliberations, Reuters reported, adding that while having only 10 jurors on the case was "uncharted territory," Marino said Aleynikov had agreed to the smaller jury.

Aleynikov is one of the key figures in "Flash Boys," Michael Lewis' best-selling book.

—Reuters contributed to this report.

Correction: This story has been updated to reflect that it was a New York judge who overturned Aleynikov's conviction.