Alec Coquin, senior counsel of the firm, prosecutes securities fraud and shareholder rights litigation on behalf of BLB&G’s institutional investor clients. With more than a decade of legal experience, Alec has worked on litigation teams that have recovered over $500 million dollars for injured investors, leveraging his experience to provide BLB&G’s clients with top-notch representation and advice. He practices out of the firm’s New York office.
Highlights of Alec’s casework include:
- Camelot Event Driven Fund v. Morgan Stanley: Alec was a key member of the team prosecuting this Securities Act lawsuit against three underwriter defendants related to $3 billion of public offerings of Viacom stock in March 2021 and the concurrent implosion of family fund Archegos Capital Management. This case was settled for $120 million.
- Glazing Employers and Glaziers’ Union Local #27 Pension and Retirement Fund v. iRhythm Technologies, Inc.: Alec was a key member of the team prosecuting this securities class action against iRhythm for the false marketing of a heart monitoring device manufactured by the Company. This case was settled for $45 million.
- Retail Wholesale Department Store Union Local 338 Retirement Fund v. Stitch Fix, Inc.: Alec played a pivotal role in the securities class action against Stitch Fix which addressed misstatements and omissions by the Company’s senior executives concerning a new business line, resulting in significant losses for investors. The case was settled for $32 million.
- City of Miami Fire Fighters’ and Police Officers’ Retirement Trust v. Cerence Inc.: Alec played a key role on the case team prosecuting Cerence, Inc. for misstatements and omissions concerning a scheme to pull forward revenues from future quarters. The case was settled for $30 million.
- Genesee County Employees’ Retirement System v. Driven Brands Holdings Inc.: Alec was a key member of the case team prosecuting Driven Brands, an automotive services company which misrepresented its ability to integrate a high volume of acquired business, resulting in significant losses for investors. The case achieved a $25 million recovery.
- In re Kornit Digital LTD. Securities Litigation: Alec played a key role on the case team prosecuting the securities class action against Kornit Digital Ltd., which addressed the Company’s reckless disregard for quality control and customer service deficiencies. The case achieved a $19.5 million recovery.
Alec is currently a key member of BLB&G litigation teams prosecuting several high-impact cases, including securities class actions involving ASML, Stellantis, Illumina, SelectQuote, and Fortinet. He is also a key member of the team pursuing claims against Meta related to the social media giant’s knowing facilitation and profiting from billions of scam advertisements on its popular Facebook and Instagram platforms that defraud seniors and other users most vulnerable to harm.
A thought leader in the field, Alec regularly contributes to legal discourse. Most recently, he co-authored an article titled “AI Washing: Regulatory And Private Actions To Stop Overstating Claims,” published by Reuters.
In recognition of his achievements, Alec was recently named by Best Lawyers to its 6th and 7th editions of Best Lawyers: Ones to Watch® in America for the practice areas of Securities Litigation and Class Action Litigation.
Alec received his J.D. from St. John’s University School of Law, cum laude, where he served as the Associate Managing Editor of the St. John’s Law Review, and his B.A. from Wesleyan University.