HomeMy WebLinkAboutMinutes - 2022.06.23 - 40778
OAKLAND COUNTY EMPLOYEES'
RETIREMENT AND DEFERRED COMPENSATION BOARD
INVESTMENT SUB-COMMITTEE MINUTES
A meeting of the Oakland County Employees' Retirement and Deferred Compensation Board
Investment Sub-Committee was held on June 23, 2022 at 9:00 a.m. in Committee Room A of the
Board of Commissioners.
I. Call to Order/ Roll Call
Members Present:
James VanLeuven, Jeffrey Phelps, Joseph Rozell, Robert Wittenberg
Others Present:
Carly Webster, Human Resources
Kelly Pena, Human Resources
Aaron Castle, Van Overbeke, Michaud & Timmony, P.C.
Jim Harrod, Bernstein Litowitz Berger & Grossmann LLP
Scott Foglietta, Bernstein Litowitz Berger & Grossmann LLP
Garrett Bradley, Labaton Scuharow
Guillaume Buell, Labaton Scuharow
Shawn Williams, Robbins, Geller Rudman & Dowd LLP
Laura Stein, Robbins, Geller Rudman & Dowd LLP
David Hoffa, Robbins, Geller Rudman & Dowd LLP
Meghan Talbot, Barrack, Rodos & Bacine (virtually)
Jeffrey Gittleman, Barrack, Rodos & Bacine (virtually)
II. Approval of the Agenda
A. Moved by Van Leuven, seconded by Wittenberg to approve the agenda as
submitted. Motion carried.
III. Public Comment
None
IV. Regular Agenda
V. Reports
A. The trustees conducted interviews with the following Securities Fraud Monitoring &
Litigation firms.
• Bernstein Litowitz Berger & Grossmann LLP
• Labaton Scuharow
• Robbins, Geller Rudman & Dowd LLP
• Barrack, Rodos & Bacine (virtually)
VI. Unfinished Business
VII. New Business
A. The trustees discussed the interviews with the different firms as it relates to the
retirement system and the VEBA .
Moved by Van Leuven, seconded by Phelps to recommend to the full board, to keep
Barrack, Rodos & Bacine and to enter into agreement with Bernstein Litowitz Berger
& Grossman and Labaton Sucharow for a 5-year commitment for Securities Fraud
Monitoring and Litigation Services and to terminate the agreement with Miller Law
Firm. Motion carried.
Investment Sub-Committee Minutes
Oakland County Employees’ Retirement and Deferred Compensation Board
June 23, 2022
Page 2 VIII. Trustee Comment
IX. Chairperson Rozell adjourned the meeting without objection at 12:15 p.m.
Respectfully submitted,
________________________________ ________________________________
Joseph Rozell, Chairperson Carly Webster, Secretary