Kleiner Tells Pao: Drop Case or Face $1 Million Legal Bill

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Venture capital firm Kleiner Perkins Caufield & Byers offered to drop its bid for legal costs after defeating Ellen Pao’s gender bias claims if she forgoes an appeal.

The firm filed its $1 million reimbursement request a month after a jury soundly rejected the former Kleiner junior partner’s claims of discrimination and retaliation and demand for $16 million in damages.