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    Home /  Lawyers /  Jacob M. Croke

    Jacob M. Croke

    Partner

    New York +1-212-558-4895
    crokej@sullcrom.com
    Jacob M. Croke Headshot Photo

    New York

    +1-212-558-4895

    |

    crokej@sullcrom.com

    Email vCard

    Jacob Croke is Co-Head of Sullivan & Cromwell’s Corporate Governance Litigation Practice and a partner in the Firm’s Litigation Group. Jake’s practice focuses on advising major companies and boards of directors on their most high-profile and sensitive litigations, regulatory proceedings, internal investigations and corporate transactions.

    Jake has represented clients in a wide variety of matters in federal and state courts and in arbitration proceedings, including securities and derivative litigations, M&A-related disputes, bankruptcy proceedings, and matters related to structured financial products. He also has represented corporate and individual clients before the Department of Justice, the Securities and Exchange Commission, the Commodity Futures Trading Commission, the United States Senate, the Federal Reserve, state attorneys general, and other governmental bodies. Jake also has advised companies, individuals, boards of directors and Special Committees in matters involving short seller allegations, cryptocurrency-related disputes and transactions, SPACs, consumer lending, fiduciary duty issues, whistleblower claims, bank regulatory issues, mortgage-backed securities, alleged benchmark interest rate manipulation, tax issues, and alleged insider trading.

    Jake’s pro bono work includes arguing a criminal appeal before the New York Appellate Division, Second Department as an Assistant District Attorney and representation of an indigent defendant in federal court pursuant to the Criminal Justice Act. Jake also serves as Co-Chair of the Firm’s Associate Experience Committee.

    Selected Publications

    • “Director Data Requests – The Line Between Oversight and Management,” Corporate Governance Advisor (forthcoming), co-author with Melissa Sawyer and Lawrence Elbaum
    • “When (And When Not) to Form a Special Committee in Activist Defense and M&A,” The M&A Lawyer (October 2025), co-author with Melissa Sawyer, Patrick Gadson, Lawrence Elbaum and Emma Ouellet Lizotte
    • “Chancery Ruling Reiterates Its Skepticism Of De-SPAC Deals,” Law360 (January 2023), co-author with Laura Oswell and Matthew Strand
    • “Privilege Waiver Risk Lessons From Twitter v. Musk,” Law360 (October 2022), co-author with Melissa Sawyer and Sheeva Nesva
    • “Derivative Actions by Stockholders,” Business and Commercial Litigation in Federal Courts, Fifth Edition (2021), co-author with Garrard Beeney, Brian Frawley and Bill Monahan
    Read More

    Spotlight

    A Spotlight on S&C’s Rising Litigators

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    Andy Dietderich, Brian Glueckstein and Jake Croke Discuss FTX Bankruptcy on Debtwired! Podcast

    Read More

    Jacob Croke Discusses 2026 Corporate Litigation Outlook with Delaware Business Court Insider

    Read More

    S&C Partners Author Article on Forming Special Committees in Activist Defense and M&A for The M&A Lawyer

    Read More

    S&C’s Leading Role in FTX’s Successful Bankruptcy Recognized with TMA’s ‘Mega Company Turnaround/Transaction of the Year’ Award

    Read More
    • Experience
    • Rankings and Recognitions
    • News
    • Publications, Videos and Podcasts
    • Credentials
    • Related Practices
    Experience

    Experience

    • FTX Trading Ltd., Alameda Research and nearly 100 affiliated entities as Debtors’ counsel throughout their bankruptcy proceedings, including litigating dozens of avoidance actions, tracing and recovering billions of dollars of assets for creditors, and responding to numerous criminal and regulatory investigations.
    • Tiffany & Co. as plaintiff in Delaware Court of Chancery litigation against LVMH Moet Hennessy Louis Vuitton, seeking to compel LVMH to complete its agreed-upon acquisition of Tiffany. LVMH ultimately completed its acquisition of Tiffany for approximately $16 billion in January 2021.
    • Goldman Sachs in connection with dozens of mortgage-related litigations and investigations, including:
      • Goldman’s $5.1 billion global settlement with the DOJ, the New York, Illinois and California Attorneys General, the National Credit Union Administration and the Federal Home Loan Banks of Chicago and Seattle, resolving claims regarding Goldman’s structuring, underwriting and sales of tens of billions of dollars of residential mortgage-backed securities.
      • Negotiating and structuring Goldman’s $1.6 billion in “consumer relief” obligations arising out of the global RMBS settlement, as well as compliance with the related monitorship.
      • Obtaining summary judgment dismissing class action fraud claims brought by investors alleging losses exceeding $2 billion in two CDO transactions.
      • Securing a declination from the SEC after receiving a Wells Notice regarding a $1.3 billion subprime RMBS transaction.

    • Lordstown Motors and a Special Committee of the Board in responding to short seller allegations and regulatory inquiries following its de-SPAC transaction, as well as members of the Board of the SPAC sponsor in connection with related securities, derivative, and Delaware Court of Chancery fiduciary duty litigations.
    • Hyzon Motors in responding to short seller allegations, regulatory inquiries and securities and derivative litigations following its de-SPAC transaction.
    • UBS AG in a nearly decade-long DOJ investigation and litigation alleging that UBS violated FIRREA in connection with $41 billion of residential mortgage-backed securities, ultimately resulting in a $1.435 billion settlement.
    • Allianz in a series of multi-billion dollar litigations concerning the failure of the Structured Alpha funds during the market volatility of March 2020.
    • Banco Popular de Puerto Rico in $300 million arbitrations with the FDIC regarding loans purchased from the FDIC as receiver of a failed bank.
    • UBS AG in connection with an investigation by a consortium of state attorneys general regarding alleged benchmark interest rate manipulation.
    • Goldman Sachs in a trust instruction proceeding in Minnesota state court involving a synthetic CMBS CDO.
    • Numerous boards and special committees regarding corporate transactions and related disputes.
    • A major digital currency exchange in connection with various non-public regulatory and Congressional inquiries.
    • Numerous companies in connection with earnout disputes.
    • Numerous hedge funds and trading firms in connection with a wide range of trading-related issues.
    • A major financial institution in connection with a wide range of non-public regulatory and criminal investigations involving alleged insider trading, whistleblower claims and other issues.
    • A major investment advisor in leading an internal investigation into high-profile misconduct allegations.
    • A major financial institution in complying with a DOJ-imposed monitorship.
    • A major automotive company in connection with a commercial dispute regarding a risk-sharing agreement.
    • A major financial institution in connection with stress test planning and related bank supervisory matters.
    • A major hedge fund in connection with investments in structured products and other regulatory matters.

    Recent Speaking Engagements

    • “Navigating Institutional Stablecoin Adoption and Regulation“ (Panelist) at McCarthy Tetrault during Coindesk Consensus (June 2025)
    • “When Deals Don’t Go as Planned: Earnout Disputes, Purchase Price Adjustments, Break Fees, Indemnification Claims, and Fraud“ (Panelist), at the Tulane Corporate Law Institute (March 2025)
    • “Managing Your Investment in the Private Equity Space:  Who Wears What Hat, When and Where“ (Panelist), at the American Bar Association Business Law Section Fall Meeting (September 2023)
    • Guest Lecturer at classes at Yale Law (2021-2025), NYU Law (2023) and University of Iowa Law (2023)
    Read More
    Rankings and Recognitions

    Rankings and Recognitions

    Jake has been recognized for his work across a broad range of practice areas, including:

    • Bloomberg Law’s “They’ve Got Next: 40 Under 40” (2025).
    • Law360, named as a “Rising Star” in White Collar (2025).
    • Benchmark Litigation, named as a “Litigation Star” (2026), to their “40 & Under List” (2023; 2024; 2025) and as a “Future Star” (2023; 2024).
    • Turnaround Management Association, named as part of the team awarded “Mega Company Turnaround/Transaction of the Year” (2025).
    • New York Super Lawyers, named as a “Rising Star” in Business Litigation and Securities Litigation (2017–2025).
    Read More
    News

    News

    • Andy Dietderich, Brian Glueckstein and Jake Croke Discuss FTX Bankruptcy on Debtwired! Podcast

      February 2, 2026
    • Jacob Croke Discusses 2026 Corporate Litigation Outlook with Delaware Business Court Insider

      January 22, 2026
    Read More
    Publications, Videos and Podcasts

    Publications, Videos and Podcasts

    • S&C Partners Author Article on Forming Special Committees in Activist Defense and M&A for The M&A Lawyer

      Articles November 11, 2025
    • S&C Sidebar – A Conversation with Jay Clayton and Jake Croke

      Podcasts October 23, 2024
    • Jacob Croke Contributes to BRG’s M&A Disputes Report 2024

      Books March 15, 2024
    • Laura Oswell, Jacob Croke and Matthew Strand Author Article on Delaware Chancery Court’s Skepticism of De-SPAC Deals for Law360

      Articles January 18, 2023
    • Melissa Sawyer, Jacob Croke and Sheeva Nesva Author Article on Privilege Waiver Risks for Law360

      Articles October 26, 2022
    • S&C Litigators Author Chapters in Business and Commercial Litigation in Federal Court

      Books January 18, 2021
    Read More
    Credentials

    Credentials

    Education

    • Columbia Law School, J.D., 2010
    • New York University, B.A., 2007

    Bar Admissions

    • New York
    Read More
    Related Practices

    Related Practices

    • Litigation
    • Bank Regulatory
    • Bankruptcy Litigation & Investigations
    • Congressional Investigations
    • Corporate Governance Litigation
    • Criminal Defense & Investigations
    • Digital Assets
    • Financial Services
    • Financial Services Investigations & Litigation
    • International Arbitration and Global Dispute Resolution
    • Securities & Commodities Investigations
    • Securities Litigation
    • State Attorney General Investigations and Litigation
    • Workplace Investigations
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