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Sandusky Scandal-Related Costs Reach $47.7 Million in May

It’s time for everyone’s favorite monthly update.

Penn State’s costs associated with the Jerry Sandusky child sex abuse scandal through the end of May have been counted and the latest total is $47,753,721. That’s roughly $900,000 more than the previous month.

Penn State releases the totals as they become available and posts them, broken down into categories, on the university’s progress website. It generally takes around 45 days for costs to be adjusted.

Penn State paid the first $12 million of its $60 million fine into an escrow fund in December. The fine is part of the university’s NCAA sanctions. Penn State’s costs also include legal fees, public relations work and consultant costs. University officials say they expect some of the costs to be covered by Penn State’s insurer.

The fees, as compiled by Penn State, are as follows:

NCAA Fine: $12,000,000

Freeh Sporkin & Sullivan/Pepper Hamilton LLP: $8,170,627

Independent Monitor: $1,747,106

DLA Piper, LLP

Board of Trustees – Legal Services, Consulting Services and Communications:$6,685,733

Reed Smith LLP

Ketchum

Kekst and Company Inc.

Daniel J. Edelman, Inc.

Domus Inc

The Academy Group

TAI

KPMG

Ethics Resource Center

Other

University Legal Services/Defense: $10,437,434

Saul Ewing

Duane Morris

Lanny J. Davis and Associates

Jenner & Block, LLP

ML Strategies

Lee, Green & Reiter Inc.

Document Technologies, Inc.

White and Williams, LLP

Feinberg Rozen, LLP

Other

Externally Initiated Investigations: $744,173

Margolis & Healy

Lightfoot, Franklin, White LCC

Buchanan Ingersoll

Saul Ewing

Guideposts Solutions LLC

Other

Indemnified Persons’ Legal Defense: $5,878,229

Farrell & Reisinger

Caroline M. Roberto

Vaira & Riley

Schnader, Harrison, Segal & Lewis, LLP

Gover, Perry & Shore

Gentile Meinert Assoc/CSI

Fox Rothschild LLP

Hamburg & Golden, P.C.

Cohen & Grigsby

Dinsmore & Shohl

Camson Rigby

Robert A. Leonard

General Indemnified Persons’ Defense

Various Vendors

Other

Other Institutional Expenses: $2,090,419

Total as of May 31, 2013: $47,753,721

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