Jenner & Block

High Ranking SEC Attorney Thomas Newkirk to Join Jenner & Block

Thomas C. Newkirk will join Jenner & Block as a Partner in the Firm’s Securities Litigation Practice in December.  Most recently Associate Director of the U.S. Securities and Exchange Commission, Division of Enforcement, Mr. Newkirk brings more than 24 years of regulatory experience to the Firm as a high-ranking Federal official.  He will be located in Jenner & Block’s D.C. office.

As Associate Enforcement Director since 1993, Mr. Newkirk successfully organized, managed and directed SEC enforcement investigations in all areas of the SEC’s jurisdiction and provided legal advice to senior SEC officials and the Commission.  Some of the landmark SEC investigations he directed include:

  • major financial fraud cases involving Royal Ahold, PNC Financial Services Group, Tyco, Arthur Andersen, Waste Management, Sunbeam and Cendant;
  • mutual fund cases against The Dreyfus Corporation and Kemper Financial Services involving misallocation of investment opportunities;
  • the broker-dealer cases against Prudential Securities where the Commission obtained reimbursement of almost one billion dollars for investors defrauded in the sale of limited partnerships and Gruntal & Company for misappropriating escheat funds;
  • Matter of Certain Options Exchange, a case involving the options exchanges’ failure to compete in the listing of options and to police their own markets.

From 1986 to 1992, Mr. Newkirk served as the SEC Enforcement Division’s Chief Litigation Counsel where he led the Commission’s litigation against Drexel Burnham Lambert and Michael Milken, First Jersey and Eddie Antar (“Crazy Eddie”), among others.

During the late 1970’s and early 1980’s, Mr. Newkirk was the Deputy General Counsel of the U.S. Department of Energy, where he helped secure two of the largest judgments ever collected by the government in U.S. v. Exxon ($2 billion) and In re Dept. of Energy Stripper Well Litigation ($1 billion).  He has also been a Senior Attorney in the Office of Legal Counsel in the U.S. Department of Justice, an Assistant Counsel for the U.S. Senate’s Securities Industry Study, and an associate in a major Wall Street law firm.  He writes and lectures frequently on SEC enforcement matters.

Mr. Newkirk has received numerous awards including two Presidential Meritorious Executive Awards, the SEC’s Law and Policy Award, the SEC’s Capital Markets Award and the SEC’s Distinguished Service Award, the Commission’s highest honor.

Mr. Newkirk graduated in 1966 from Cornell Law School, Order of the Coif, Phi Kappa Phi.  He was a member of the Cornell Law Review’s board of editors. 

“We are delighted that Tom is joining us,” said Managing Partner Robert L. Graham.  “As one of the nation’s top securities enforcement officials who has played a key leadership role in many of the most important SEC enforcement actions of the past two decades, Tom brings a wealth of experience and talent to our securities litigation and related practices.”