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Labaton Sucharow LLP

140 BROADWAY, NEW YORK, NY 10005, USA
Tel:
Work +1 212 907 0700
Fax:
Fax +1 212 818 0477
Email:
Web:
www.labaton.com
New York, Wilmington

Michael W. Stocker

Tel:
Work 212-907-0882
Email:
Labaton Sucharow LLP

Work Department

Securities Litigation; Corporate Governance & Shareholder Rights Litigation; Antitrust and Competition Litigation; Data Privacy and Security

Position

Partner

Career

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. 

He currently spearheads several securities class actions, including In re Eros International Securities Litigation, a case where we exposed a drama of fraud and nepotism involving a leading Bollywood film production/distribution company; Murphy v. Precision Castparts Corp., a sprawling class action against a major industrial goods company in the aerospace and defense industry; Shoemaker v. Cardiovascular Systems, Inc., a case against a manufacturer of medical devices that recently settled a significant qui tam action arising from the same conduct; and In re CPI Card Group Inc. Securities Litigation, a class action against a maker of chip-enabled financial cards that allegedly misled investors by overselling its product prior to a $172.5 million IPO.

Member

He is an active member of the National Association of Public Pension Plan Attorneys (NAPPA), the New York State Bar Association, and the Association of the Bar of the City of New York. Since 2013, Mike has served on Law360's Securities Editorial Advisory Board, advising on timely and interesting topics warranting media coverage. For three consecutive years (2015-2017), the Council of Institutional Investors has appointed Mike to the Markets Advisory Council, which provides input on legal, financial reporting, and investment market trends. In 2016, he was elected as a member of The American Law Institute, the leading independent organization in the United States producing scholarly work to clarify, modernize, and otherwise improve the law. Mike also serves on the Advisory Committee for the John L. Weinberg Center for Corporate Governance of the University of Delaware, one of the longest-standing corporate governance centers in academia.
 

Education

University of California, Hastings College of the Law
J.D., 1995

University of Sydney
Master of Criminology degree, Law Department, 2001

University of California, Berkeley
B.A., 1989


United States: Dispute resolution

M&A litigation: plaintiff

Within: M&A litigation: plaintiff

The Wilmington office of Labaton Sucharow LLP ‘litigates hard and will take matters all the way to trial and beyond’. Christine Azar recently retired and so Ned Weinberger is now chair of the corporate governance and shareholder rights litigation practice, which has ‘great experience in both business and law’. The firm’s highlights included securing a favorable settlement as co-lead counsel in a derivative action alleging breach of fiduciary duty against directors and officers of Sears Holding Corporation after the company sold more than 200 properties to a real estate investment trust for leaseback. Azar and Weinberger also secured a partial settlement for Haverhill Retirement System in a derivative action alleging that the chairman of The Providence Services Corporation engaged in an improper financing arrangement as part of its $400m acquisition of healthcare provider CCHN Group. The Wilmington team is also representing Cambridge Retirement System in a derivative complaint against DeCarlo et al relating to transactions involving AmTrust Financial Services. In New York, Michael Stocker and Ira Schochet also play active roles in the M&A litigation practice.

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