Topic
client funds
150 published works
Legal Profession Blog
Tailored Sanction
An attorney who had misappropriated funds held in connection with the sale of tailoring business was permanently disbarred by the Ohio Supreme Court.The attorney initially defaulted on the charges and…
Legal Profession Blog
Conversion From Prisoner Client Draws Suspension
An attorney who converted the inheritance of an incarcerated client was suspended for two years by the Oklahoma Supreme Court:When released from prison in March 2011, the client requested all…
Legal Profession Blog
Attorney Suspended, Falsely Claimed Reliance On Ethics Hotline Advice
The District of Columbia Court of Appeals has ordered an eighteen month suspension with reinstatement conditioned on disgorgement of funds paid to a client by the Attorney-Client Arbitration Board ("ACAB"). …
Legal Profession Blog
Music City Misconduct Draws Suspension
A Tennessee attorney who self-reported his misuse of client funds was suspended for one year by the Tennessee Supreme Court.Arkansas Business had this story about the violations:A former Little Rock…
Legal Profession Blog
One Year Actual Suspension For 38 Violations
The web page of the Ohio Supreme Court reports:The Ohio Supreme Court today suspended a Painesville attorney for two years for 38 violations of attorney professional conduct rules – including…
Legal Profession Blog
Part Of An Attorney’s Continuing Education
The Tennessee Supreme Court ordered a one-year suspension of a Nashville attorney who had used his trust account as a personal account and caused several overdrafts, failed to perform paid-for legal services…
Securities Law Prof Blog
Cantor Settles CFTC Charges for Allowing Customer Funds to Become Under-Segregated
The CFTC and Cantor Fitzgerald & Co. settled charges for failing to maintain sufficient funds in its customer segregation account for a period of three days, for failing to provide the CFTC…
Corporate & Financial Weekly Digest
CFTC Proposes Rules to Enhance Protections for Customer Funds
Co-authored by Ross Pazzol and Blake J. Brockway. The Commodity Futures Trading Commission published proposed rules that are designed to increase protections for customers and customer funds held by futures commission…
Legal Profession Blog
Oh, That Rolex
The Massachusetts Supreme Judicial Court for Suffolk County has suspended an attorney for three months.The attorney had filed for personal bankruptcy. He checked "NONE" under the column that required the…
Corporate & Financial Weekly Digest
FSA Fines and Imposes Prohibition On Compliance Officer for Client Money Breaches and Fines Firm
By Edward Black
On May 1, the UK Financial Services Authority (FSA) published the final notices it had issued to David Thornberry and Christchurch Investment Management Ltd (Christchurch) for failings in relation to…