Kik Says SEC's Request For More Discovery 'Unnecessary'
Law360 (January 15, 2020, 8:28 PM EST) -- Kik Interactive Inc. and the U.S. Securities and Exchange Commission have once more asked for a decision in a discovery dispute over whether the agency can ask more questions of Kik in a case alleging the messaging company engaged in an unregistered securities offering of digital tokens.
Kik asked Judge Alvin Hellerstein of the U.S. District Court for the Southern District of New York in a letter Tuesday to enter a protective order barring the SEC from compelling Kik to provide a representative to testify on the company's behalf in a Rule 30(b)(6) deposition. The Canadian company argued that much of...
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