Michael W. Stocker
- Work 212-907-0882
Securities Litigation; Corporate Governance & Shareholder Rights Litigation; Antitrust and Competition Litigation; Data Privacy and Security
Representing institutional investors and consumers as co-chair of one of the Firm’s litigation teams, Michael W. Stocker prosecutes securities, data privacy, antitrust, and consumer class actions. He also serves as General Counsel to the Firm and provides strategic direction to the Case Development Team.
Mike played an instrumental part of the team that took on American International Group, Inc. and 21 other defendants. The Firm negotiated a recovery of more than $1 billion. He was also key in litigating In re Bear Stearns Companies, Inc. Securities Litigation, where the Firm secured a $275 million settlement with Bear Stearns, plus a $19.9 million settlement with the company's outside auditor, Deloitte & Touche LLP. In a case against one of the world's largest pharmaceutical companies, In re Abbott Laboratories Norvir Antitrust Litigation, Mike played a leadership role in litigating a landmark action arising at the intersection of antitrust and intellectual property law.
University of California, Hastings College of the Law
University of Sydney
Master of Criminology degree, Law Department, 2001
University of California, Berkeley
United States: Antitrust
Civil litigation/class actions
Within: Civil litigation/class actions
The lawyers at Labaton Sucharow LLP are ‘extremely diligent and effective litigators that always have the best interest of the client in mind’. The very broad client base includes a variety of funds, insurers, municipalities, small and large businesses and individual consumers. Praised for its ‘strong investigatory skills’, the firm is proactive in developing cases, as evidenced by the fact it was first to file in a nationwide class action against major platinum and palladium dealers alleging a price-fixing conspiracy in these commodity markets; practice chairs Gregory Asciolla and Jay Himes served as co-lead counsel on that matter. In another first, Asciolla and Michael Stocker initiated a class action against a number of prominent financial institutions, including Goldman Sachs and Citigroup, alleging a conspiracy to manipulate auctions for US treasury securities.
United States: Dispute resolution
M&A litigation: plaintiff
Within: M&A litigation: plaintiff
Labaton Sucharow LLP is ‘a firm that defense counsel takes seriously, it litigates hard and has a great investigations team’. Wilmington-based Christine Azar, who chairs the corporate governance and shareholder rights litigation practice, is ‘smart, pragmatic and level-headed - a dedicated advocate who gets things done’. In re Freeport-McMoRan Copper & Gold Inc. Derivative Litigation, she acted as co-lead counsel in a challenge to what the plaintiffs saw as an orchestrated acquisition of a failing mining company, and helped secure a total settlement of $153m with Freeport’s board of directors and Freeport’s financial adviser in the deal, Credit Suisse, which represents the second largest derivative settlement in history of the Delaware Court of Chancery. Azar is also acting for Haverhill Retirement System in a shareholder class and derivative action relating to the Providence Service Corporation’s $400m acquisition of healthcare provider CCHN Group, alleging an improper financing arrangement by the chairman of Providence’s board of directors. In New York, Michael Stocker - who is lead strategist in the firm’s case evaluation team - and seasoned litigator Ira Schochet are recommended.