Gerard M. Karam
U.S. Attorney for the Middle District of Pennsylvania
Estimated Net Worth
  • estimated net worth
    $2.7 M - $6.3 M
Salary
  • salary
    Unknown
Employment
  • Started 06/22/2022

Financial Disclosure Details - OGE Form 278e (12/21/2021)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Partner
Present
2
Housing Authority of Lackawanna County
Dunmore, Pennsylvania
General Counsel
Present
3
Boys and Girls Club of Northeastern PA
Scranton, Pennsylvania
Director
Present
4
Children's Advocacy Center
Scranton, Pennsylvania
Director
Present
5
Drug and Alcohol Treatment Services Inc.
Scranton, Pennsylvania
Director
7/2021

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Mazzoni Karam Petorak and Valvano (law firm) anticipated partnership share
$250,001 - $500,000
None (or less than $201)
2
Mazzoni Karam Petorak and Valvano (law firm)
Partnership Share
$911,287
3
Mazzoni Karam Petorak and Valvano, capital account
$100,001 - $250,000
None (or less than $201)
4
Mazzoni Karam Petorak and Valvano, contingency fee cases (value not readily ascertainable)
None (or less than $201)
5
Housing Authority of Lackawanna County
hourly fees
$135,373
6
SEP IRA
6.1
iShares Core Dividend Growth ETF (DGRO)
$15,001 - $50,000
None (or less than $201)
6.2
Invesco S&P 500 Equal Weight ETF (RSP)
$15,001 - $50,000
None (or less than $201)
6.3
Miller Opportunity Trust Class A Shares (LGOAX)
$50,001 - $100,000
None (or less than $201)
6.4
Hartford Capital Appreciation Fund Class A Shares (ITHAX)
$50,001 - $100,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Partnership Share: Pursuant to my partnership agreement, the firm will pay my final partnership share on or before 04/15/2024.
12/2021
2
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Partnership Liquidation Distribution: Pursuant to partnership agreement, I am entitled to receive 50% of all funds located in the capital and operating accounts upon separation from the firm. I will receive this payment on or before 04/15/2022. If confirmed after that date, this amount will be due within sixty days following confirmation, but prior to the date on which I assume the duties of my position.
12/2021
3
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Capital Account: I am entitled to receive a return of my capital account upon separation from the firm.
12/2021
4
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Contingency Fee Cases: Upon confirmation, I will transfer to the firm several cases in which I have a contingency fee interest. I will retain an interest in these cases, which will be fixed as of the date of my withdrawal from the firm.
12/2021
5
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Firm Name: The firm will remove my name from the firm’s name upon my separation.
12/2021
6
Lackawanna County
Scranton, Pennsylvania
I will continue to participate in this defined benefit plan.
5/2010

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
1
Mazzoni Karam Petorak and Valvano
Scranton, Pennsylvania
Law firm partner
2
Housing Authority of Lackawanna County
Dunmore, Pennsylvania
General Counsel
3
Borough of Jessup (client of MKP&V)
Jessup, Pennsylvania
Legal Representation
4
County of Lackawanna (client of MKP&V)
Scranton, Pennsylvania
Legal Representation
5
Lackawanna River Basin Sewer Authority (client of MKP&V)
Throop, Pennsylvania
Legal Representation
6
Borough of Dickson City (client of MKP&V)
Dickson City, Pennsylvania
Legal Representation
7
Scranton School District (client of MKP&V): Frank Major, Ann Marie Healy and Lori Wagner
Scranton, Pennsylvania
Legal Representation of employees
8
Steve Stoud
Montrose, Pennsylvania
Legal Respresentation
9
Christopher Walsh
Archbald, Pennsylvania
Legal Representation
10
Cole Dufton
Honesdale, Pennsylvania
Legal Representation

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Mazzoni Karam Petorak and Valvano (Law Firm)
salary
2
Roth IRA
2.1
Transamerica Asset Allocation - Moderate Growth Portfolio Class A Shares (IMLAX)
$1,001 - $15,000
None (or less than $201)
2.2
AllianzGI Income & Growth Fund Class A Shares (AZNAX)
$15,001 - $50,000
None (or less than $201)
2.3
Equitrans Midstream Corp. (ETRN)
$1,001 - $15,000
None (or less than $201)
2.4
Energy Transfer LP Unit (ET)
$1,001 - $15,000
None (or less than $201)
2.5
GreenSky, Inc. (GSKY)
$1,001 - $15,000
None (or less than $201)
2.6
US money market account (cash)
$1,001 - $15,000
Interest
None (or less than $201)
2.7
Citigroup, Inc. (C)
$1,001 - $15,000
None (or less than $201)
2.8
Citizens Financial Services Inc (CZFS)
$15,001 - $50,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
The Chemours Co. (CC)
$1,001 - $15,000
Dividends
$201 - $1,000
2
Duke Energy Corp. (DUK)
$15,001 - $50,000
Dividends
$1,001 - $2,500
3
Energy Transfer (ET)
$500,001 - $1,000,000
Dividends
$15,001 - $50,000
4
Pfizer Inc. (PFE)
$15,001 - $50,000
Dividends
$201 - $1,000
5
U.S. bank #1 (cash)
$100,001 - $250,000
Interest
$1,001 - $2,500
6
General Electric Co. (GE)
$1,001 - $15,000
Dividends
None (or less than $201)
7
The Williams Cos., Inc. (WMB)
$50,001 - $100,000
Dividends
$2,501 - $5,000
8
Exxon Mobil Corp. (XOM)
$15,001 - $50,000
Dividends
$1,001 - $2,500
9
PPL Corp. (PPL)
$15,001 - $50,000
Dividends
$1,001 - $2,500
10
The Southern Co. (SO)
$100,001 - $250,000
Dividends
$2,501 - $5,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
1
FNCB Bank
$100,001 - $250,000
2013
20 years
2
Fidelity Deposit and Discount Bank
$100,001 - $250,000
2018
20 years
3
American Express
$15,001 - $50,000
2021
revolving
4
Stonehill Investments
$15,001 - $50,000
2014
on demand
5
FNCB Bank
$50,001 - $100,000
2011
30 years

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
1
3
This position is uncompensated.
1
4
This position is uncompensated.
1
5
This position is uncompensated.
4
50
Client name withheld under Pennsylvania Rule of Professional Conduct 1.6(a).
4
51
Client name withheld under Pennsylvania Rule of Professional Conduct 1.6(a).
4
52
Client name withheld under Pennsylvania Rule of Professional Conduct 1.6(a).

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