eDiscovery Is Big Business — And Worth Fighting Over For Providers

Extract of article by Kelly Twigger

We’ve seen tremendous consolidation in the market over the last few years, and two of the biggest mergers happened when DTI (Document Technologies, Inc.) bought Epiq Systems in September 2016, and when LDiscovery acquired Kroll a few months later, in December 2016. With those acquisitions, DTI and the new KrolLDiscovery became two of the biggest players in the ediscovery provider space.

Now, just a few months later, DTI and LDiscovery (d/b/a Kroll Discovery) have come to blows in federal court. Court filings in three separate lawsuits allege that while the owners of DTI were busy finalizing their acquisition of Epiq, four of DTI’s top salespeople were busy conspiring with LDiscovery to steal trade secrets and millions of dollars in business from DTI when they resigned collectively on January 5, 2017, with no notice to DTI.

USDC-SDNY-DTI-LDISCOVERY

United States District Court for the Southern District of New York: Case 1:17-cv-02405-JSR (Filed 04/03/17)