Region Area

Lawyers

Jared Ruocco

Position

Jared is a founding partner of Elsberg Baker & Maruri.

He is an experienced trial lawyer specializing in complex commercial litigation. Jared has successfully litigated a wide array of commercial matters, including shareholder and corporate governance disputes, breach of fiduciary duty claims, “busted” M&A transactions, commercial contract disputes, fraud claims, business torts, and employment disputes. Jared has represented clients in a diverse mix of industries, including private equity, commercial real estate, pharmaceuticals, energy, manufacturing, healthcare, software, consumer product wholesale and distribution, and startups.

Jared regularly appears before federal and state courts across the country and has represented clients in several confidential arbitrations before JAMS, AAA, and FINRA.

Jared has extensive experience litigating in the Delaware Court of Chancery and has successfully represented clients in a number of matters there, including through trial.

In addition to his legal practice, Jared also served as a Lecturer in Law at Columbia Law School where he taught courses related to litigation practice.

‍Representative Matters

Won trial victory after one-week bench trial in Delaware Court of Chancery in the first COVID-era busted deal case in which the client sought to walk away from a $6 billion deal.  In addition to being released from deal, client obtained full recovery of its $600 million+ deposit and was awarded its full attorneys’ fees and costs.  Affirmed on appeal by the Delaware Supreme Court in an opinion setting the precedent on ordinary course covenants in deal documents. Obtained complete plaintiff’s jury verdict with punitive damages in the US District Court for the Central District of California on behalf of renowned entrepreneur and chemist, Dr. Anton Toutov, in a multi-million shareholder dispute concerning the attempts by Dr. Toutov’s co-venturers to freeze him out of their lab testing company, KorvaLabs. Jared was recognized for this decisive trial victory by the American Lawyer in its “Litigator of the Week” publication. Currently representing beneficial family shareholders in a corporate governance dispute concerning several companies in a nationwide network of beer distributorships known as the “Sheehan Family Companies.” The case involves numerous claims and counterclaims, including breach of fiduciary duty, breach of contract, and unjust enrichment. Representing renowned investment bank in a fee dispute concerning $300+ million equity financing transaction. Successfully represented trust beneficiaries in removing the trustee of their donative trust, which holds over $100 million in trust assets, through a summary proceeding in the Massachusetts Superior Court, Business Litigation Session. Represented Lion Copolymer Holdings LLC and its controlling shareholder in defending a suit brought by several minority shareholders in the Delaware Court of Chancery related to a contested multi-million dollar capital raise. Represented Menalto Advisors LLC in a Delaware Superior Court action against a former client regarding a multi-million-dollar investment banking fee on a complex M&A transaction. Represented a market leading Amazon brand aggregator in multi-million-dollar arbitration regarding breaches of representations and warranties and disputed inventory liabilities arising from complex M&A transaction. Represented an advanced stage startup in multiple disputes with M&A counterparties in matters concerning millions of dollars in contested earnout payments. Represented a healthcare technology startup in multiple disputes with former advisors to the company who demanded equity in the company. Represented a pharmaceutical research and development company in contract dispute adverse to company retained to market innovative chemotherapy antidote on the pharmaceutical company’s behalf. Represented Skype co-founder against claims for breach of contract and tortious interference relating to a series of private investment funds. After motion practice challenging personal jurisdiction and seeking dismissal of the claims, successfully obtained stay of all discovery and the matter settled on confidential terms.

Education

Columbia Law School (J.D.): Harlan Fiske Stone Scholar

Brandeis University (B.A.): summa cum laude, Phi Beta Kappa