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Coming off a year of record revenue, KLDiscovery is facing significant debt repayments by June—in excess of $260 million—that some say may force the highly leveraged company into a restructuring plan.        

Some law firms are reportedly “receiving five to six resumes a day from DOJ candidates,” noted Dan Binstock, a partner at D.C.-headquartered search firm Garrison.        

Each pleaded guilty to one count of securities fraud. The remaining defendant in the case, former DWAC board member Bruce Garelick, has pleaded not guilty to securities fraud charges.        

“Sharing these assets makes our ecosystem stronger by allowing other operating companies to acquire patents that they can use to protect their innovation,” said Jeremiah Chan, Meta’s head of patents, licensing and open source.        

“[E]very lawyer here knows what the test is to determine whether a crypto asset was offered and sold as an investment contract, and therefore a security: It’s the Howey test,” said Gurbir Grewal.