Ex-Flow Traders Employee Pleads Guilty in Code-Theft Case

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One of three men accused of stealing software from the Dutch trading house Flow Traders BV pleaded guilty to related charges two months ago, the first of a group of Wall Street workers pursued by Manhattan authorities for such theft to resolve his case.

Jason Vuu, a former trader at the Amsterdam-based firm, admitted to unlawful duplication of computer-related material and unlawful use of secret scientific material in October before New York state Supreme Court Justice Laura Ward in return for probation, his attorney, Jeremy Saland, said after an appearance before the judge in Manhattan today. Vuu faced as long as four years in prison on each count if convicted.