A shame to say the least for the company! I hate to see a company being ruined by a few people.
As for JF, he should of plead out before JL, IMO it looks like James is the leader of the mess in the courts eyes and I am not sure that is really the case. I do know that JF attorney is a outspoken, risk taker and somewhat flamboyant, which will not help JF.
As for good time in a federal system, it is 52 days a year served with 6 months in a halfway house. Example if JL gets 5 years he will have 260 days knocked off plus 6 months in the halfway house. For JF to not have dealt long before JL was a bad move on his lawyer IMO. Then again, just because the prosecutors agree with the lawyers on a time does not mean that the judge will go along with the prosecutors, both could be looking at a longer time to serve.