Joint Declaration of Lynn L. Sarko and Marc I ... - Cohen Milstein
Joint Declaration of Lynn L. Sarko and Marc I ... - Cohen Milstein
Joint Declaration of Lynn L. Sarko and Marc I ... - Cohen Milstein
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See, e.g., ERISA § 502(a), 29 U.S.C. § 1132(a) (specifically empowering participants <strong>and</strong><br />
beneficiaries to bring civil actions to redress violations <strong>and</strong>/or enforce provisions <strong>of</strong> ERISA).<br />
153. Without the efforts <strong>of</strong> Plaintiffs’ Counsel, the participants in Merrill’s three<br />
ERISA Plans likely would not have obtained relief anywhere close to this magnitude. Plaintiffs’<br />
Counsel clearly have promoted the public interest by vindicating the rights <strong>of</strong> the aggrieved Plan<br />
participants, <strong>and</strong> it is in the public interest for them to be paid a reasonable attorney’s fee.<br />
IX. PLAINTIFFS’ COUNSEL SHOULD BE REIMBURSED FOR THEIR REASONABLE<br />
THE EXPENSES ADVANCED IN THE LITIGATION<br />
154. Each <strong>of</strong> Plaintiffs’ Counsel’s firms – <strong>and</strong> Co-Lead Counsel in particular –<br />
advanced significant unreimbursed expenses <strong>of</strong> the litigation. The expenses incurred in this<br />
action are commercially reasonable <strong>and</strong> are reflected on the books <strong>and</strong> records <strong>of</strong> each firm.<br />
These books <strong>and</strong> records are prepared from expense vouchers, check records <strong>and</strong> other source<br />
materials <strong>and</strong> represent an accurate recordation <strong>of</strong> the expenses incurred. The expenses include<br />
necessary travel, expert witnesses <strong>and</strong> copying, as well as telephone, fax, <strong>and</strong> computer aided<br />
research <strong>and</strong> document database storage <strong>and</strong> maintenance. Summaries <strong>of</strong> each firms’ expenses<br />
are attached hereto as Exhibits M through X.<br />
155. On a firm-by-firm basis, the expenses are as follows:<br />
Firm Expenses<br />
Keller Rohrback L.L.P. & P.L.C. $181,435.33<br />
<strong>Cohen</strong> <strong>Milstein</strong> Sellers & Toll PLLC $173,393.53<br />
Gainey & McKenna $ 819.96<br />
Harwood Feffer LLP $ 2,532.41<br />
Law Offices <strong>of</strong> Curtis V. Trinko, LLP $ 809.74<br />
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