Stanford Law School, J.D. (1986)
University of Michigan, B.A., with honors (1983)
Solicitor, Society Hill Synagogue, Philadelphia, Pennsylvania
Member, Electronic Retailers Association
Member, Philadelphia Direct Marketing Association
Member, Phi Beta Kappa Michael K. Coran
260 South Broad Street
Philadelphia, PA 19102-5003
Michael K. Coran serves as Co-Chair of the firm's Litigation Department. He concentrates his practice in the area of commercial litigation, with particular emphasis in corporate and securities litigation, securities industry disputes, intellectual property litigation, lender liability, and business torts.
Mr. Coran represents numerous regional and national businesses in litigation matters in federal and state courts. He also has significant experience in litigation and civil investigations initiated by such entities as the U.S. Department of Justice, the U.S. Securities and Exchange Commission, and state agencies and self regulatory organizations, including the National Association of Securities Dealers and the New York Stock Exchange.
Mr. Coran is a ranked attorney by Chambers USA.
Mr. Coran was named by other lawyers as one of Pennsylvania's top litigation lawyers from 2005-2007 in a survey conducted by the polling organization Law and Politics. Details concerning the selection process and the overall results of the survey were published in the June 2007 edition of Philadelphia Magazine or at www.superlawyers.com.
Mr. Coran regularly conducts trials and arbitrations in the state and federal courts and in private or self-regulatory organizations. His more noteworthy representations include:
Victory for private equity purchaser of manufacturing business in action for breach of representations and warranties in purchase agreement in case tried over 16 days in arbitration;
Successful representation of casino applicant selected for licensure by the Pennsylvania Gaming Control Board in numerous proceedings before the Pennsylvania Supreme Court;
Obtained $8.2 million arbitration award for clearing broker in NASD arbitration dispute brought by introducing broker seeking to avoid payment of fees due under the parties' clearing agreement;
Settlement five days before trial in a securities lending dispute between 2 broker/dealers in which our client recovered $23 million and other payments equaling 98% of total actual damages;
Favorable settlement on behalf of the issuer corporation, a New York Stock Exchange-listed company, in two separate securities fraud class action suits;
Victory on behalf of clearing broker in $3 million claim for indemnification against introducing broker in NASD arbitration.