Federal Trade Commission v. Ecom Genie Consulting LLC
1:24-cv-23976
| S.D. Fla. | Jul 30, 2025Background
- The court appointed Mark Bernet as receiver over entities suspected of violating the Federal Trade Commission Act, granting him authority over assets and operations.
- The Receivership Order entitled the Receiver and his personnel to reasonable compensation for services and reimbursement of actual expenses.
- The Receiver submitted detailed applications for payment of fees and expenses for himself, his deputy, and the law firm Akerman LLP for services rendered up to June 30, 2025.
- The applications included billing for a broad range of tasks including asset control, litigation, financial investigations, and management of electronic information.
- No parties objected to the requested amounts, but the court reviewed the reasonableness of the hourly rates and total amounts claimed, especially by paralegals.
Issues
| Issue | Plaintiff's Argument | Defendant's Argument | Held |
|---|---|---|---|
| Entitlement to receiver’s fees and expenses | Receiver is entitled under the order | No objection | Receiver’s requested fees and expenses are granted. |
| Reasonableness of receiver hourly rates | $480/hour is reasonable and below market | No objection | $480/hour approved as reasonable. |
| Reasonableness of paralegal hourly rates (Akerman LLP) | $320/hour is reasonable for experience | No objection | Reduced to $150/hour; amount recalculated. |
| Reimbursement of costs to receiver and Akerman | All costs are documented and necessary | No objection | All documented costs approved for reimbursement. |
Key Cases Cited
- Hensley v. Eckerhart, 461 U.S. 424 (lodestar method for calculating reasonable attorney's fees)
- Loranger v. Stierheim, 10 F.3d 776 (use of lodestar method for fee awards)
- Norman v. Housing Auth. of Montgomery, 836 F.2d 1292 (court review of hours and rates for reasonableness)
- S.E.C. v. Elliott, 953 F.3d 1560 (receiver’s right to compensation and expense reimbursement)
