Penn State’s fees spent dealing with the fallout from the Jerry Sandusky scandal totaled $16.7 million as of June 30.
Finances covering legal fees, consultants and public relations firms began piling up in November. By the end of May, fees totals more than $14 million, which was nearly double the $7.5 million in February. Penn State has spent more than $2 million between the beginning of May and the end of June.
As they become available, totals are published on Penn State’s accountability website, recently renamed “progress,” reflecting Penn State’s desire to move forward.
The total breakdown of costs as of June 30 is as follows:
Internal Investigation and Crisis Communications: $9,972,854
- Freeh Sporkin & Sullivan
- Reed Smith LLP
- Ketchum
- Kekst and Company Inc.
- Daniel J. Edelman, Inc.
- Domus Inc
- The Academy Group
University Legal Services/Defense: $3,941,776
- 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: $56,182
- 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: $1,171,892
Total as of May 31, 2012: $16,754,149
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.
PMA said in its suit that Penn State did not sufficiently warn it about potential liability claims and civil suits that could result from the scandal.
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