As of May 31, dealing with the Jerry Sandusky child sex abuse scandal and its subsequent fallout has cost Penn State $14,494,970.
Overall, costs nearly doubled in the three months since reaching $7.5 million in February.
Noted on Penn State’s progress.psu.edu website – set up to promote transparency and accountability among university officials – it generally takes 40-45 days for Penn State officials to receive all of the invoices for a given month.
The total breakdown of costs is as follows:
Internal Investigation and Crisis Communications: $8,848,608
- Freeh Sporkin & Sullivan
- Reed Smith LLP
- Ketchum
- Kekst and Company Inc.
- Daniel J. Edelman, Inc.
- Domus Inc
- The Academy Group
University Legal Services/Defense: $3,369,709
- Saul Ewing
- Duane Morris
- Lanny J. Davis and Associates
- Jenner & Block LLP
- ML Strategies
- Lee, Green & Reiter Inc.
- McQuaide Blasko
- Document Technologies, Inc.
Externally Initiated Investigations: $56,172
- Margolis & Healy
Officers Legal Defense (Schultz, Curley, Spanier): $1,344,091
- Farrell & Reisinger
- Caroline M. Roberto
- Vaira & Riley
- Schnader Harrison, Segal & Lewis LLP
- Klink & Co.Corporate Security and Investigation
- Bix-X-Bit, LLCGover, Perry, & Shore
- Gentile Meinert Assoc
- Fox Rothschild LLP
- General Employees’ Defense
Other Institutional Expenses: $876,390
Total as of May 31, 2012: $14,494,970
The university said some of the fees and costs are subject to reimbursement via insurance. However, the Pennsylvania Manufacturer’s Association, Penn State’s insurer, has filed a suit against the university in an attempt to deny coverage.
The Pennsylvania Manufacturer’s Association said Penn State did not sufficiently warn it about potential liability claims and civil suits that could result from the scandal.
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