MEMORANDUM OPINION

          ROBINSON, District Judge.

         I. INTRODUCTION

         On December 20, 2010, plaintiffs Karen Outten and James Bradford (" Plaintiff Outten" ), individually and on behalf of all others similarly situated, instituted an Employee Retirement Income Security Act (" ERISA" ) class action against Wilmington Trust Corporation, et al. (D.I. 1 at ¶ 1). On January 31, 2011, plaintiff Julie Gray (" Plaintiff Gray" ), on behalf of herself and a class of persons similarly situated, instituted an ERISA class action against Wilmington Trust Corporation, et al. (D.I. 1 at ¶ ¶ 8-20 in 11-00101) Before the court are two competing motions for consolidation and appointment of lead counsel. Plaintiff Gray filed the " Gray motion" for consolidation and appointment of co-lead and liaison counsel on February 28, 2011. (D.I. 23) Plaintiff Outten filed the " Outten motion" for consolidation and appointment of lead counsel on March 14, 2011. (D.I. 26)

         The court has jurisdiction over these cases pursuant to ERISA § 502(e)(1), 29 U.S.C. § 1132(e)(1). For the following reasons, the court: (1) grants Plaintiff Gray's motion in full; (2) grants Plaintiff Outten's motion to consolidate; and (3) denies Plaintiff Outten's motion to appoint lead counsel.

         II. BACKGROUND

         Plaintiffs Outten and Gray (collectively " plaintiffs" ), participants of the Wilmington Trust Company Thrift Savings Plan (" Plan" ), allege in their respective complaints that the Wilmington Trust Company (" Company" ) fiduciaries (" defendants" ) failed to act solely in the interest of Plan participants and beneficiaries, thereby breaching their fiduciary duties during the time period of December 31, 2006 to December 31, 2010 (the " class period" ). Specifically, plaintiffs allege that during the class period, the Company's common stock was an imprudent investment for the Plan because:

For years [the Company] violated prudent lending standards in connection with its real estate-related lending business by utilizing appraisals which were outdated and unreliable and by failing to take reasonable, prudent steps to require borrowers to pay amounts due; [2] throughout the Class Period the Company consistently underreported its reserves for loan loses in connection with real estate-relating [sic] lending, thereby artificially inflating net income and/or artificially reducing reported losses; [3] the Company initiated and assumed inordinate lending exposure in a single market, what it marketed as " beach" properties in Southern Delaware, but which were actually a 45 minute drive inland in the midst of poultry country; and [4] the Company's myriad problems in its real estate-related lending business were so widespread and serious that the very survival of the Company was at risk during the Class Period, and had M & T not purchased the Company for a low price in 2010, the likelihood is that the Company would have had to contemplate bankruptcy court protection, or been seized by regulators.

         Plaintiffs bring this action pursuant to ERISA § 502(a)(2), 29 U.S.C. § 1132(a), which permits ERISA plan participants and beneficiaries to commence a civil action seeking appropriate relief. (D.I. 1 at ¶ 34; D.I. 1 at ¶ 3 in 11-00101) Defendants allegedly breached their fiduciary duties in violation of ERISA §§ 404-05, 29 U.S.C. §§ 1104-05, and United States Department of Labor Regulations, including 29 C.F.R. § 2550. (D.I. 1 at ¶ ¶ 1, 9, 10; D.I. 1 at ¶ 135 in 11-00101) These violations occurred in various ways, including, but not limited to: (1) failing to prudently manage the Plan by acquiring millions of bad investments; (2) failing to properly monitor performance of fiduciary appointees; (3) breaching the duty to avoid conflicts of interest; and (4) failing to disclose and misrepresenting material facts. (D.I. 1 at ¶ ¶ 147-157, 158-167, 168-183; D.I. 1 at ¶ ¶ 84-102 in 11-00101) Plaintiff Outten asserts that the approximate number of plan participants was over 3,200 individuals (D.I. 1 at ¶ 36), whereas Plaintiff Gray estimates there will be at minimum thousands of members. (D.I. 1 at ¶ 23 in 11-00101)

         Plaintiffs, pursuant to Federal Rules of Civil Procedure (" Fed. R. Civ.P." ) 42 and 23 and the Manual on Complex Litigation, move for: (1) consolidation of the above-captioned matters; (2) an order consolidating all other actions, currently filed and that may be filed in the future that arise out of the same legal and factual allegations; (3) an order setting out procedures for the efficient management of the consolidated cases; and (4) appointment of lead counsel. (D.I. 23 at 1-2; D.I. 26 at ¶ 6) While plaintiffs agree that consolidation is appropriate, they disagree on who should be appointed interim lead counsel. ( Id. ) Plaintiff Gray moves for the appointment of Stull, Stull & Brody (" SS & B" ) and the Egleston Law Firm (" Egleston" ) as interim co-lead ERISA counsel and the Law Offices of Joseph J. Bodnar (" Bodnar" ) as interim liaison counsel. (D.I. 23 at 2) Plaintiff Outten moves for the appointment of Faruqi & Faruqi (" F & F" ) as interim lead counsel. (D.I. 26 at ¶ 6)

         III. STANDARD OF REVIEW

         A. Consolidation Of The Actions

          When actions " before the court involve a common question of law or fact, the court may ... consolidate them." Fed.R.Civ.P. 42(a); see also Dutton v. Harris Stratex Networks, Inc., Civ. No. 08-755, 2009 WL 1598408, at *1 (D.Del. June 5, 2009). While decisions to consolidate are discretionary, the court should " balance considerations of efficiency, expense, and fairness." Resnik v. Woertz, 774 F.Supp.2d 614, 624 (D.Del.2011) (citing United States v. Dentsply Int'l, Inc., 190 F.R.D. 140, 142-43 (D.Del.1999)); see also 9A Charles Alan Wright & Arthur R. Miller, Federal Practice and Procedure § 2385 (3d ed.2011) (explaining that a court " is responsible for seeing to it that the trial of consolidated actions will be conducted in a manner that is not prejudicial to any of the parties" ). Courts look to counterbalance " the savings of time and effort gained through consolidation ... against the inconvenience, delay or expense that might result from simultaneous disposition of the separate actions." Waste Distillation Tech., Inc. v. Pan Am. Res., Inc., 775 F.Supp. 759, 761 (D.Del.1991).

         B. Selection Of Interim Lead Counsel

          The selection of lead counsel is " committed to the court's discretion." Dutton, Civ. No. 08-755, 2009 WL 1598408, at *2. " The court, if it sees fit, may appoint one or more attorneys as liaison counsel, lead counsel, or trial counsel for the consolidated cases" and may designate responsibilities to the selected counsel. Resnik, 774 F.Supp.2d at 625 (quoting 9A Charles Alan Wright & Arthur R. Miller, Federal Practice and Procedure § 2385 (3d ed.2008)). The appointment of interim lead counsel without the appointment of interim lead plaintiff is appropriate in pending ERISA class actions when plaintiffs are " individual Plan participants— not active, experienced institutional litigants." In re Bank of Am. Corp. Sec., Derivative & ERISA Litig., 258 F.R.D. 260, 273 (S.D.N.Y.2009).

          The selection of lead counsel in consolidated ERISA litigation, although not yet certified as a class action under Fed.R.Civ.P. 23(b), looks to the lead counsel requirements under Fed.R.Civ.P. 23(g). See Fed.R.Civ.P. 23(g)(3) (" The court may designate interim counsel to act on behalf of a putative class before determining whether to certify the action...." ); In re Delphi ERISA Litigation, 230 F.R.D. 496, 498 (E.D.Mich.2005) (appointing interim lead counsel for consolidated ERISA claims applying Rule 23(g)); see also In re Cardinal Health, Inc. ERISA Litigation, 225 F.R.D. 552, 555 (S.D.Ohio 2005) (applying Rule 23(g) factors to an ERISA claim); Nowak v. Ford Motor Co., 240 F.R.D. 355, 357 (E.D.Mich.2006). Rule 23(g) lists four factors a court must consider when appointing lead counsel: " (1) the work counsel has done in identifying or investigating potential claims in the action; (2) counsel's experience in handling class actions, other complex litigation, and the types of claims asserted in the action; (3) counsel's knowledge of the applicable law; and (4) the resources that counsel will commit to representing the class." Fed.R.Civ.P. 23(g)(1)(A). Ultimately, however, the court must " determine ‘ which counsel will best serve the interests of the plaintiffs.’ " Resnik, 774 F.Supp.2d at 625 (quoting 3 Herbert B. Newberg & Alba Conte, Newberg on Class Actions § 9.35 at 388 (4th ed.2002)). To decide this, a court may " consider any other matter pertinent to counsel's ability to fairly and adequately represent the interests of the class." Fed.R.Civ.P. 23(g)(1)(B). For example, depending on the size and number of different parties, plaintiffs' interests may best be served by appointing liaison counsel, particularly when proposed lead counsel practice primarily outside of the venue of the case. In re Cardinal Health, 225 F.R.D. at 555 (citing Manual for Complex Litigation (4th ed.2004) § 10.22 (1955)). Upon selecting interim lead and/or liaison counsel, the court should be confident that any counsel appointed will fulfill its obligation " to act fairly, efficiently, and economically in the interest of all parties and parties' counsel." Id.

         IV. DISCUSSION

         A. Consolidation Of The Actions

          In the case at bar, consolidation of the actions will not be prejudicial and will save both time and effort of the involved parties. Both actions involve the same or similar defendants and allegations. ( See supra n. 1, 3; D.I. 23, ex. 1 at 3; D.I. 27 at 4; D.I. 1 ¶ ¶ 28-33 in 11-00101; D.I. 1 at ¶ 37) Moreover, no objection to consolidation has been filed by defendants and defendants acknowledge the likelihood of consolidation. (D.I. 20 at 2) Finally, both Plaintiff Gray and Plaintiff Outten agree that consolidation of the claims is appropriate. (D.I. 23; D.I. 26). Therefore, the court is satisfied that the actions should be consolidated and that all future actions arising under ERISA in connection with the above claims shall be similarly consolidated.

         B. Selection Of Interim Lead Counsel And Leadership Structure

          As previously discussed, the court must review four factors in appointing lead counsel: " (1) the work counsel has done in identifying or investigating potential claims in the action; (2) counsel's experience in handling class actions, other complex litigation, and the types of claims asserted in the action; (3) counsel's knowledge of the applicable law; and (4) the resources that counsel will commit to representing the class." The court can also look to any other relevant considerations. See supra section III.B. The parties do not dispute that counsel is well qualified and has sufficient resources. (D.I. 15 at 11 in 11-00101; D.I. 27 at 9) Therefore, the court will look to: (1) the work counsel has done in identifying and investigating potential claims; (2) the proposed leadership structures; and (3) counsel's relevant experience and knowledge of the law. For the reasons that follow, the court concludes that Gray's proposed co-lead counsel SS & B and Egleston with interim liaison counsel Bodnar are best capable of representing the putative class.

         1. Work counsel has done in identifying or investigating potential claims.

         Both parties argue that they have taken substantial steps to represent the plaintiffs. Plaintiff Gray enumerates seven collective actions taken by SS & B, Egleston, and Bodnar (" Gray Counsel" ) on behalf of the Gray Plaintiffs. (D.I. 23, ex. 1 at 8) Thus far, Gray Counsel has:

spoken with proposed class members; [2] drafted and filed a detailed complaint with careful analysis as to the specific factual circumstances that give rise to this litigation on which Plaintiff Gray's allegations of ERISA breach of fiduciary duty and imprudence are based; [3] served on Defendants a request for all Plan documents pursuant to ERISA § 104(b) on January 27, 2011; [4] served notice of the Gray Action on the United States Secretary of the Treasury and Secretary of Labor as required by ERISA § 502(h); [5] served on Defendant a document preservation letter; [6] [attempted to arrange] with defense counsel for acceptance of service of process of the Gray Action on all Defendants; and [7] investigated additional claims against Defendants in anticipation of filing a consolidated amended [complaint]....

( Id. ) Furthermore, Gray Counsel continues to negotiate with defendants for documents beyond the ERISA 104(b) obligatory documents. (D.I. 15, ex. 1 at ¶ 8 in 11-00101)

          Plaintiff Outten similarly cites to an extensive investigation and filing record, including initiating negotiations with defense counsel. (D.I. 27, ex. 1 at ¶ 26; D.I. 33 at 2) Examples of these actions are: (1) serving defendants, prior to filing the complaint, with a request for Plan documents; (2) filing the Outten complaint six weeks prior to the Gray complaint; (3) serving all named defendants; (4) negotiating with defense counsel for documents outside of ERISA § 104(b) that will help in drafting an amended complaint; and (5) attempting to reach out to Gray Counsel regarding proposed leadership structures in order to avoid court intervention. (D.I. 27, ex. 1 at ¶ ¶ 28, 29; D.I. 14 at 6-7, 9 in 11-00101) Negotiations with defendants remained productive until they were suspended due to the filing of the Gray action. (D.I. 27, ex. 1 at ¶ ¶ 27)

         On balance, while Outten Counsel performed more work at the start of this action, Gray Counsel has performed more work recently. Although the court notes that Outten Counsel filed first and portions of Outten's complaint were copied verbatim in the Gray complaint, the first-to-file factor when appointing lead counsel has been rejected so as to avoid a " race to the courthouse." See In re Scrap Metal Antitrust Litig., 1:02-CV-0844, 2002 WL 31988203, at *1 (N.D.Ohio Aug. 5, 2002); see also Manual for Complex Litigation (Fourth) § 10.22 (2005). The court also notes that while Outten Counsel suspended negotiations, Gray Counsel has " received ERISA Section 104(b) documents and has begun the process of negotiating for further production of materials," suggesting that while negotiations with Outten Counsel ceased, Gray Counsel continues negotiations for documents in anticipation of filing an amended complaint. (D.I. 15, ex. 1 at ¶ 8 in 11-00101) Notably, Gray Counsel has also, unlike Outten Counsel, served notice of the action on the Secretary of the Treasury and Secretary of Labor in addition to serving defendants a document preservation letter— Outten Counsel cites to neither action. (D.I. 23, ex. 1 at 8) For these reasons, the court concludes that both parties have done significant work identifying and investigating potential claims, with Outten Counsel performing more work initially and Gray Counsel performing more work as of late.

         2. The proposed leadership structures.

         As previously discussed, there are two competing leadership structures at issue. Plaintiff Gray proposes a leadership structure of interim co-lead counsel of SS & B and Egleston and interim liaison counsel of Bodnar due to the " large number of parties in this ERISA action." (D.I. 23, ex. 1 at 4 (quoting In re Cardinal Health, Inc., 225 F.R.D. at 554)) Conversely, Plaintiff Outten proposes a single firm of F & F because a " streamlined leadership structure" will better represent the interests of the class. (D.I. 27 at 9; D.I. 33 at 2)

         Plaintiff Outten suggests that Plaintiff Gray's structure is inefficient and that the appointment of co-lead counsel and liaison counsel will lead to duplication of efforts. ( Id. ) Plaintiff Outten, in support of its position, points the court to In re: The Goodyear Tire & Rubber Co. ERISA Litig., No. 03-cv-2182, and argues that " appointment of a single firm is preferential to the appointment of multiple." (D.I. 27 at 9, citing In re: The Goodyear Tire & Rubber Co. ERISA Litig., No. 03-cv-2182, 2004 U.S. Dist. LEXIS 26706 at *19 (N.D.Ohio April 22, 2004)). In Goodyear, the court appointed a single lead counsel as opposed to a leadership committee of four firms because the court found that such a structure would be " cumbersome." Id.

          Appointment of co-lead counsel with liaison counsel, however, will not necessarily be " cumbersome" or " inefficient" and appointment of a single firm is not always ideal. First, the court notes that other courts have appointed co-lead structures in similar ERISA cases. See e.g. In re Cardinal Health, Inc. ERISA Litig., 225 F.R.D. at 555; In re Marsh ERISA Litig., 265 F.R.D. 128, 148 (S.D.N.Y.2010); Nowak, 240 F.R.D. at 361. Second, the court notes that Outten Counsel has not served as solo-lead counsel on an ERISA action, but instead serves as co-lead counsel in current cases. (D.I. 27, ex. 1 at ¶ ¶ 7, 8) Third, despite arguing that a co-lead structure is inefficient, Plaintiff Outten argues in the alternative that it should be appointed as co-counsel alongside Gray Counsel. (D.I. 27, ex. 1 at ¶ ¶ 28, 29; D.I. 33 at 3) Fourth, the court notes that SS & B and Egleston, of Gray Counsel, currently serve as co-lead counsel for two cases and have likely learned to minimize any inefficiencies. (D.I. 23, ex. 3 at ¶ 4) Fifth, as discussed more fully in the selection below, Gray Counsel has had great success with this structure. In sum, the court finds that Plaintiff Gray's proposed leadership structure is better suited to represent the interests of the class.

         3. Relevant experience and knowledge of the law.

          Experience and knowledge of the law is of the utmost importance when determining lead counsel. See Nowak, 240 F.R.D. at 361 (citing In re Terazosin Hydrochloride, 220 F.R.D. 672, 702 (S.D.Fla.2004) (" The consideration that the Court finds to be most persuasive, however, relates to Co-Lead Counsel's experience in, and knowledge of, the applicable law in this field." )); see also Foltz v. Delaware State Univ., 269 F.R.D. 419, 426 (D.Del.2010) (finding that counsel is qualified to " fairly and adequately represent the interests of the class as required by Rule 23(g)" based on experience and qualifications extracted from Counsel Memorandum). On balance, Gray Counsel has more experience and knowledge of the law than Outten Counsel and, for this reason, the court finds that Gray Counsel will best serve the interests of the plaintiffs.

          Plaintiff Gray outlined the history and success of recent ERISA actions in which proposed interim co-lead counsel and interim liaison counsel have been involved. (D.I. 23, ex. 1 at 5-7). SS & B's ERISA litigation experience, particularly litigation appearing similar to the issue at bar, indicates extensive experience and knowledge of applicable law. Id. SS & B's experience includes many high-yield cases, such as In re AOL Time Warner ERISA Litigation, MDL Docket No. 1500 (S.D.N.Y.2003). In that case, a Special Master noted: " [T]he extra mile traveled by counsel to obtain a $100 million settlement for the class, an amount substantially above what experts considered fair and what seemed achievable." (D.I. 15, ex. 3 at 32 in 11-00101) Furthermore, Mr. Mills, of SS & B, has served as co-lead counsel in five of the largest recoveries in ERISA class action suits involving imprudent investment of retirement plan savings in company stock. (D.I. 23, ex. 3 at ¶ 3) Similarly, Mr. Egleston is well qualified through extensive experience in securities class action litigation and complex litigation generally and is presently involved in several ERISA cases with SS & B. See supra n. 16; (D.I. 23, ex. 1 at 6-7)

         Outten Counsel, on the other hand, does not have the degree of expertise and experience that Gray Counsel does. Mr. Wells for Outten Counsel points out prior personal experience as an associate with Barroway Topaz Kessler Meltzer & Check, LLP (" BTKMC" ) in ERISA litigation prior to joining F & F. (D.I. 27, ex. 1 at ¶ ¶ 14, 15, 17) Furthermore, his expertise is recognized through appointment to speaking engagements. ( Id. ) However, Outten Counsel, through F & F, only cites to two ERISA actions. (D.I. 27 at 7; D.I. 27, ex. 1 at ¶ 7-8) Moreover, Outten Counsel wishes to be solo lead counsel, but has only ever been appointed as co-lead counsel. Id. Finally, it is asserted that the experience of managing partner Mr. Strum makes Outten Counsel " uniquely qualified." (D.I. 27 at 8) On October 25, 2011, Mr. Strum terminated his appearance and now Mr. McEvilly has entered appearance in Delaware for Outten Counsel. (D.I. 34) Therefore, the experience of Mr. Strum is irrelevant to this decision.

         Based upon the above, the court concludes that Gray Counsel has the most experience in ERISA and class action litigation. Like the court in In re Cardinal Health, Inc. determined, if the firms " managed the workload in similarly large ERISA suits on prior occasions, they can handle this litigation too." In re Cardinal Health, Inc., 225 F.R.D. at 556. Therefore, because the significant experience obtained by Gray Counsel, on balance, outweighs the significant experience of Outten Counsel, Gray Counsel will best serve the interests of the class.

         V. CONCLUSION

         For the foregoing reasons, the court finds that consolidation is appropriate and Gray Counsel's proposed leadership structure of co-lead and liaison counsel is approved. An appropriate order shall issue.

         PRETRIAL ORDER NO. 1 CONSOLIDATING ERISA CASES, APPOINTING INTERIM CO-LEAD CLASS COUNSEL AND LIAISON COUNSEL AND GRANTING ADDITIONAL RELIEF

         WHEREAS,

          there are two (2) related class actions that are pending in this District that allege breaches of fiduciary duty under the Employee Retirement Income Security Act of 1974 (" ERISA" ), against Wilmington Trust Corporation (" Wilmington Trust" ) and other fiduciaries (collectively, " defendants" ) of the Wilmington Trust Thrift Savings Plan (the " Plan" ) on behalf of the Plan's participants and beneficiaries (together, " ERISA Actions" ), namely: (1) Outten v. Wilmington Trust Corp., et al., No. 10-01114-SLR (the " Outten Action" ); and (2) Gray v. Wilmington Trust Corp., et al., No. 11-00101-SLR (the " Gray Action" );

         WHEREAS,

          the Outten Action and the Gray Action involve common questions of law and fact, thereby warranting consolidation;

         WHEREAS,

          the appointment of Interim Co-Lead and Liaison Counsel is appropriate and consistent with the recommendations of Fed R. Civ. P. 23(g) and 42(a), and the Manual for Complex Litigation (4th ed.2008);

         WHEREAS,

          the Court considered the cross motions for consolidation of the ERISA Actions and appointment of Interim Lead Counsel, as well as the memorandum of law and exhibits in support thereof, and found good cause appearing therefore;

         IT IS NOW HEREBY ORDERED that:

         1. The motion (D.I. 23) is granted.           2. The ERISA Actions are consolidated for all purposes (the " Consolidated Action" ). This order shall apply to the Consolidated Action and to each case that relates to the same subject matter that is subsequently filed in or is transferred to this Court and is consolidated with the Consolidated Action.

         3. A Master File is established for this proceeding. The Master File shall be Civil Action No. 10-01114-SLR. The Clerk shall file all pleadings in the Master File and note such filings on the Master Docket.

         4. An original of this order shall be filed by the Clerk in the Master File.

         5. Every pleading in the Consolidated Action shall have the following caption:

         6. If any other case alleging violations of ERISA claims arising out of the same or substantially similar facts as alleged in the Consolidated Action is filed in this Court or transferred from here or another court, the Clerk shall: (a) file a copy of this order in the separate file for the related case; (b) mail a copy of this order to counsel for the plaintiff(s) in the related case; and (c) mail a copy of this order to counsel for each defendant in the related case not already a party to this case.

         7. The Court requests the assistance of counsel in calling to the attention of the Clerk the filing or transfer of any case which might be properly consolidated pursuant to the provisions of this order.

         8. The organizational structure established by this order shall bind plaintiffs' counsel in all of the ERISA Actions, including actions filed or transferred subsequent to entry of this order, until and unless otherwise ordered by this Court.

         9. Plaintiffs' selection of Stull, Stull & Brody and Egleston Law Firm to serve as Interim Co-Lead Counsel is approved. Plaintiffs' selection of the Law Offices of Joseph J. Bodnar as Interim Liaison Counsel is approved.

         10. Interim Lead Counsel shall have the authority to perform or delegate the performance of the following matters on behalf of all plaintiffs in the Consolidated Action:

a. Preparing and filing a consolidated complaint; b. Directing, coordinating and supervising the prosecution of plaintiffs' claims in the Consolidated Action;

c. Initiating, responding to, scheduling, briefing, and arguing all motions;

d. Appearing at all hearings and conferences regarding the case;

e. Determining the scope, order and conduct of all discovery proceedings;

f. Assigning work to all plaintiffs' counsel as necessary and appropriate under the circumstances;

g. Retaining experts;

h. Communicating with the Court;

i. Communicating with defendants' counsel;

j. Serving discovery requests and directing the responses to discovery requests;

k. Collecting and reviewing time and expense records from all plaintiffs' counsel on a monthly basis and at the conclusion of the case, as necessary and appropriate under the circumstances and, if appropriate, submitting a fee and costs application;

l. Coordinating activities to avoid duplication and inefficiency in the filing, serving, and/or implementation of pleadings, other court papers, discovery papers, and discovery practice and, generally, in the litigation; and

m. Performing such other duties that may be incidental to proper coordination of plaintiffs' pretrial activities or authorized by further order of the Court.

         11. Interim Lead Counsel shall have authority to communicate with defendants' counsel and the Court. Interim Lead Counsel shall also have the authority to enter into agreements with defendants' counsel that are binding on all named plaintiffs and the class in the Consolidated Action.

         12. After conferring with all plaintiffs' counsel, Interim Lead Counsel shall be responsible for conducting settlement negotiations on behalf of named plaintiffs and the class in the Consolidated Action.           13. No motion shall be initiated or filed on behalf of any plaintiff in the Consolidated Action except through the Interim Lead Counsel, and no work shall be performed by any other plaintiff's counsel except at the express direction of the Interim Lead Counsel.

         14. To the extent any other plaintiff's counsel is designated by Interim Lead Counsel to assist with the prosecution of this action, all such plaintiffs' counsel shall keep contemporaneous time and expense records, in the form requested by Interim Lead Counsel, and shall provide such records on a monthly basis to the Interim Lead Counsel, or as otherwise requested by Interim Lead Counsel.

         15. Service of pleadings and other papers by defendants shall be made only upon Interim Lead Counsel, which is authorized and directed to accept service on behalf of all plaintiffs in this Consolidated Action and any later actions consolidated herewith.

         16. Within fourteen (14) days of this order, counsel for the parties shall submit to the Court a proposed schedule for filing a consolidated complaint, which shall be the operative complaint and shall supersede all complaints filed in any of the actions consolidated herein, and for responding to the consolidated complaint. Pending filing and service of the consolidated complaint, defendants shall have no obligation to move, answer or otherwise respond to any of the complaints in the actions consolidated herein or any actions subsequently consolidated with them.

         17. Service of pleadings and other papers by plaintiffs and defendants shall be made by ECF, unless otherwise excepted from ECF filing requirements by the local rules of this Court; and if any filing or service is not required or permitted to be made by ECF, then plaintiffs and/or defendants shall contemporaneously serve electronic versions of the papers on all parties.

Liaison counsel is " charged with essentially administrative matters, such as communications between the court and other counsel (including receiving and distributing notices, orders, motions, and briefs on behalf of the group), conveying meetings of counsel, advising parties of developments, and otherwise assisting in the coordination of activities and positions. Such counsel may act for the group in managing document depositories and in resolving scheduling conflicts. Liaison counsel will usually have offices in the same locality as the court...." Id.