Cohn v. Western & Southern Financial Group Long Term Incentive and Retention Plan I

CourtDistrict Court, S.D. Ohio
DecidedAugust 18, 2021
Docket1:19-cv-00943
StatusUnknown

This text of Cohn v. Western & Southern Financial Group Long Term Incentive and Retention Plan I (Cohn v. Western & Southern Financial Group Long Term Incentive and Retention Plan I) is published on Counsel Stack Legal Research, covering District Court, S.D. Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cohn v. Western & Southern Financial Group Long Term Incentive and Retention Plan I, (S.D. Ohio 2021).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF OHIO WESTERN DIVISION PAUL COHN, : Case No. 1:19-cv-943 : Plaintiff, : Judge Timothy S. Black : vs. : : WESTERN & SOUTHERN : FINANCIAL GROUP LONG TERM : INCENTIVE AND RETENTION PLAN : I, et al., : Defendants. ORDER COMPELLING DISCLOSURE OF SOME REDACTED DOCUMENTS This civil case is before the Court to resolve a discovery dispute after an in camera review of Defendant’s documents, currently redacted pursuant to a claim of attorney- client privilege, and Defendant’s privilege logs. Also before the Court are the parties’ letter statements on the issues and the parties’ representations at an informal discovery conference held on April 26, 2021. I. BACKGROUND Plaintiff Paul Cohn was employed by Fort Washington Investment Advisors, Inc.(“FW”), a subsidiary of Western & Southern Financial Group (“W&S”), from 2006 to 2018. (Doc. 1 at ¶ 6). Cohn worked as an investor in the private equity secondary market. (Id. at ¶ 7). While employed at FW, Cohn participated in the Long Term Incentive and Retention Plan I (“LTIRP”). As a participant in the LTIRP, Cohn received yearly grants of “units” that carried a certain value, accumulating over time in an account. (Id. at ¶ 10). Participation in the LTIRP was based solely upon an employee’s compensation—

only employees in the top 5% of annual compensation were eligible to participate. (Id. at PAGEID# 286). The LTIRP documents include provisions by which LTIRP benefits could be forfeited and prior benefits recovered if employment ended. The terms of the 2014 LTIRP plan provided that benefits could be forfeited if a former employee “enters into a business or employment which is competitive with or similar to the business of the Company or any Affiliate.” (Id. at ¶¶ 16–17).

By June 30, 2018, Cohn had received over $304,000 in payments of LTIRP benefits and his LTIRP account was valued at $589,572. (Id. at ¶ 18). After several work and compensation related disputes, Cohn left employment with FW in October 2018. (Id. at ¶¶ 19–27). In the spring of 2018, Plaintiff formed a corporation called “Tail End Managing Member I, LLC.” Cohn contends that he did not compete with FW in any

way. (Id. at ¶¶ 28–37). On May 31, 2019, the day before his 2019 LTIRP payment was to be authorized, Cohn received a letter from Steve Hussey, W&S’s Senior Vice President of Compensation and Benefits, stating that he was now competing with W&S, and therefore his entire LTIRP account had been forfeited. The letter also demanded repayment of the

$316,846.57 that Cohn had already received. (Doc. 11 at PAGEID# 265–67, the “Initial Benefits Decision”). Cohn informed W&S of his intent to appeal and requested documents relevant to his claim. (Id. at PAGEID# 268–69). W&S provided Cohn with a copy of the LTIRP documents, the summary plan description, annual statements for Cohn’s performance unit account, and the benefits decision documents. (Id. at PAGEID# 273–388). Cohn

responded on August 1, 2019 requesting additional documents beyond what had been provided by W&S. W&S refused to provide any additional documents. (Id. at PAGEID# 389–93). In October 2019, W&S’s Executive Committee denied Cohn’s appeal. (Id. at PAGEID# 457–60). Cohn subsequently filed this suit. Cohn’s lawsuit claims that he was deprived of a full and fair review of the W&S benefits decision as required by 29 U.S.C.

§ 1133 and 29 C.F.R. § 2560.503-1(h)(2) (Count One), and appeals the W&S October 7, 2019 Executive Committee Decision (Count Two). (Doc. 16 at ¶¶ 53–66). Alleging a need for discovery, which is usually not available outside the administrative record in cases like the present one, Cohn filed a motion to compel. (Doc. 10). In November 2020, the Court granted Cohn’s motion to compel, authorizing him to

seek documents: 1) relevant to LTIRP’s status as a top-hat plan; 2) that were relied upon in making the administrative decision and not included in the administrative record; and 3) relating to purported conflicts of interest or bias. (Doc. 17). In the ensuing discovery exchange, the parties reached an impasse over a set of W&S emails over which W&S claimed attorney-client privilege. Per local rule, the

parties requested an informal discovery conference with the Court. (See 04/20/21 notation order). At conference, W&S agreed to attempt to redact copies of the emails, where possible, rather than withhold them altogether. W&S also agreed to provide the Court and opposing counsel with a more detailed privilege log. (See 04/26/2021 notation order). At the same conference, Plaintiff represented to the Court that, for the purposes of the resolving the present discovery dispute, Plaintiff would concede that the LTIRP is a top- - hot plan. The Court has now received the redacted emails, unredacted emails, and the revised privilege log. Thus, the issue is ripe for the Court’s resolution. II. STANDARD OF REVIEW Rule 26 provides that a party may: [O]btain discovery regarding any nonprivileged matter that is relevant to any party’s claim or defense and proportional to the needs of the case, considering the importance of the issues at stake in the action, the amount in controversy, the parties' relative access to relevant information, the parties' resources, the importance of the discovery in resolving the issues, and whether the burden or expense of the proposed discovery outweighs its likely benefit.

Fed. R. Civ. P. 26(b)(1). The burden of establishing a claim of privilege rests with the party asserting it. United States v. Roxworthy, 457 F.3d 590, 593 (6th Cir. 2006); Glazer v. Chase Home Fin. LLC, No. 1:09-CV-1262, 2015 WL 12733393, at *2 (N.D. Ohio June 15, 2015). If a claim of privilege is challenged, the party asserting it must establish each element by competent evidence. See Cooey v. Strickland, 269 F.R.D. 643, 649 (S.D. Ohio 2010); Comtide Holdings, LLC v. Booth Creek Mgmt. Corp., No. 2:07-CV-1190, 2010 WL 4117552, at *5 (S.D. Ohio Oct. 19, 2010) (stating that a party must establish the factual predicate for a claim of privilege by “competent evidence”). Communications are not discoverable if protected by attorney-client privilege. The attorney-client privilege applies “[w]here legal advice of any kind is sought.” Reed v.

Baxter, 134 F.3d 351, 355 (6th Cir. 1998). “Fundamentally, legal advice involves the interpretation and application of legal principles to guide future conduct or to assess past conduct.” In re Cnty. of Erie, 473 F.3d 413, 419 (2d Cir. 2007). When a communication involves both legal and non-legal matters, courts “consider whether the predominant purpose of the communication is to render or solicit legal advice.” Id. at 420. This predominant purpose “should be assessed dynamically and in light of the advice being

sought or rendered, as well as the relationship between advice that can be rendered only by consulting the legal authorities and advice that can be given by a non-lawyer.” Id. at 420–21. III. ANALYSIS The disputed emails are exchanged either between two or more in-house counsel

or between in-house counsel and W&S executives. The emails generally discuss facts and procedure related to forfeiture of Cohn’s LTIRP benefits and, after forfeiture, the administrative appeal. Having had a chance to review the privilege logs, Cohn makes no claim the privilege has been waived. Additionally, at conference, Cohn’s counsel conceded that, for present purposes, the LTIRP -is a top-hat plan. As a consequence, the

fiduciary exception to attorney-client privilege is not before the Court.

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Related

Upjohn Co. v. United States
449 U.S. 383 (Supreme Court, 1981)
United States v. Roxworthy
457 F.3d 590 (Sixth Circuit, 2006)
Rose Moss v. Unum Life Insurance Company
495 F. App'x 583 (Sixth Circuit, 2012)
Reed v. Baxter
134 F.3d 351 (Sixth Circuit, 1998)
Cooey v. Strickland
269 F.R.D. 643 (S.D. Ohio, 2010)

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Bluebook (online)
Cohn v. Western & Southern Financial Group Long Term Incentive and Retention Plan I, Counsel Stack Legal Research, https://law.counselstack.com/opinion/cohn-v-western-southern-financial-group-long-term-incentive-and-ohsd-2021.