Michael S. Bigin
Michael S. Bigin received his bachelor’s degrees in 1995 from the State University of New York at Oswego (B.A., History; B.S., Business Administration), and received his J.D. in 1999 from St. John’s University School of Law, where he was a Law School Academic Scholarship recipient, a member of the American Bankruptcy Institute Law Review, and a member of the Moot Court Honor Society.
In 2014, Mr. Bigin was selected to Super Lawyers Magazine’s New York Metro Rising Stars list for his work in securities litigation and was recommended by The Legal 500 United States in 2013 and 2016.
Mr. Bigin has practiced securities litigation for over 15 years. Before joining the Firm, Mr. Bigin was an associate at a Manhattan law firm where he represented plaintiffs in securities class actions, including: In re Computer Associates Securities Litigation, No. 02-CV-1226 (E.D.N.Y.) (settlement of 5.7 million shares, value estimated at $134 million) and In re IKON Office Solutions, Inc. Securities Litigation, No. 98-CV-4606 (E.D. Pa.) ($111 million recovery).
While at the Firm, Mr. Bigin has worked on numerous class actions that have resulted in substantial recoveries for investors, including: In re Marsh & McLennan Cos., Inc. Securities Litigation, No. 04-CV-8144 (CM) (S.D.N.Y.) ($400 million recovery); In re Royal Dutch/Shell Transport Securities Litigation, No. 04-374 (JAP) (D.N.J.) ($166.6 million recovery); In re Cigna Corp. Securities Litigation, No. 02-CV-8088 (MMB) (E.D. Pa.) ($93 million recovery); City of Austin Police Retirement System v. Kinross Gold Corp., No. 12-CV-01203-VEC (S.D.N.Y.) ($33 million recovery); In re Gilat Satellite Networks, Ltd. Securities Litigation, No. 02-CV-1510 (E.D.N.Y.) ($20 million); In re Terayon Communication Systems, Inc. Securities Litigation, No. C-00-1967 (N.D. Cal.) ($15 million); and Szymborski v. Ormat Technologies, Inc., No. 10-CV-00132-ECR (D. Nev.) ($3.1 million settlement representing approximately 21.5% of damages, which is more than four times the average recovery for similar actions according to a study by experts at Cornerstone Research).
Currently, Mr. Bigin continues to represent investors in various class actions alleging violations of the securities laws. For example, Mr. Bigin represents the Oklahoma Firefighters Pension and Retirement System in Avila v. LifeLock Inc., 15-cv-01398-SRB (D. Arizona), a securities fraud action alleging that executives made material misrepresentations to investors concerning LifeLock’s identity protection business and the status of a Federal Trade Commission investigation. Mr. Bigin also represents investors in Peters v. Jinkosolar Holding Co. Inc., No. 11-CV-07133-JPO (S.D.N.Y.) ($5.05 million settlement with distribution pending), a case that alleged the company misled investors about its environmental compliance. Prior to that settlement, Mr. Bigin successfully argued an appeal before the Second Circuit Court of Appeals, which reversed a dismissal of the case and affirmed the materiality standard for securities’ actions.
In addition to securities class actions, Mr. Bigin represents clients in commercial disputes, commercial insurance matters, and claims asserting investors’ rights and consumer protection. For example, in 2016, Mr. Bigin won summary judgment of a $1.9 million fee dispute after completing discovery, which involved obtaining testimony from multiple, senior partners of law firms.
Mr. Bigin is admitted to practice in the States of New York and Connecticut, the United States Court of Appeals for the Second and Eleventh Circuits, and the United States District Courts for the Southern and Eastern Districts of New York.