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Judge rules Ellen Pao must pay $276,000 to Kleiner Perkins

Posted By Administration, Thursday, June 18, 2015

A Superior Court judge ruled on Wednesday that Ellen Pao, the former venture capitalist at the center of the high-profile sex discrimination case earlier this year, must pay Kleiner Perkins Caufield & Byers nearly $276,000 to reimburse the venture capital firm for its expenses during the five-week trial.

The payout is roughly a fourth of the amount Kleiner Perkins had demanded -- $972,814 -- for reimbursement of its trial costs, the lion's share of which went to fees and traveling expenses for expert witnesses. That figure doesn't include fees for Kleiner's legal team, led by Orrick attorney Lynne Hermle.

Judge Harold Kahn, who presided over the trial, said in a tentative ruling that Kleiner was entitled to just a portion of the reimbursement it demanded for expert witnesses -- some of who charged thousands of dollars for a few hours of testimony. Kahn said he didn't deem the expert witness costs unreasonable, but decided to scale them back, citing the vastly different resources available Kleiner Perkins, one of the wealthiest VC firms in the valley, and Pao, the interim CEO at microblogging site Reddit.

Read the whole story at Inside Bay Area

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