| As Quant Prosecuted for
Stealing Source Code from
Headlands Courtroom Sealing
Opposed
by
Matthew Russell Lee, Patreon Book
Substack SDNY
COURTHOUSE,
Aug 12 – Back in January
2025 SDNY prosecutors
announced an Indictment
charging CHEUK FUNG RICHARD HO
with theft and attempted theft
of trade secrets. The
charges in the Indictment
arose from HO’s alleged scheme
to steal trade secrets from
his former employer, a global
quantitative trading firm.
That firm was Headlands
Technologies LLC. On September 12,
2025 Ho was before U.S.
District Court for the
Southern District of New York
Judge Jannette A. Vargas.
Inner City Press was there,
and live tweeted: Judge: Where are
we on discovery? AUSA: We've
seized the AWS files of Mr.
Ho's firm, 15 TB. Judge: Can you do
AI search? AUSA: We don't
currently have that
capability. But we think a
June 2026 trial is doable Ho's Skadden
lawyer: My client says he
wrote the source code. All we
have from the Government is 61
snippets Judge: A 3 week
trial is set is set to start
July 13, 2026. On November 7,
2025 the US Attorney's Office
filed to quash subpoenas Ho
filed, saying they do not meet
the Nixon standard. Jump cut to
August 2026, when the US
Attorney's Office proposed to
seal the courtroom not only
for portions of the trial, but
also for the Daubert expert
hearings. Inner City Press
immediately filed opposition,
now on CourtListener here. Note that
previous attempts in SDNY to
seal the courtroom have been
opposed, and transparency
safeguards imposed were only
belated and partially complied
with, see here.
This is an ongoing project,
including in other
Districts. The case is USA v. Ho, 1:25-cr-3 (Vargas)
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innercitypress.com |
Friday, August 14, 2026
As Quant Prosecuted for Stealing Source Code from Headlands Courtroom Sealing Opposed
