Monday, February 7, 2011

Attorney’s law license suspended

Attorney’s law license suspended


By Beth Kramer ekramer@stmedianetwork.com Feb 7, 2011 02:43AM

 A Long Grove lawyer has been suspended from practicing law for one year, according to the Illinois Attorney Registration and Disciplinary Commission.

Donald Pochopien obtained confidential client information relating to a corporate acquisition. He then used that information to purchase and sell stock in that company, according to the ARDC complaint.

Pochopien was a partner in the Chicago law firm McAndrews, Held & Malloy from 1997 to 2006. The firm handles “intellectual property and complex technology matters,” according to its Web site.

Using the insider information, Pochopien bought 14,000 shares of a company in 2006. He then sold those shares for a $134,970 profit, according to the complaint.

Pochopien’s suspension expires in February 2012. He was licensed to practice law in 1988.

Editor's Note:  Perhaps the crooks who inhabit the Probate Court of Cook County should take heed at this attorney's punishment. Hopefully, the inside trading that sells helpless ward's homes at half market value in a few weeks, for their cronies to profit, may cease.  Lucius Verenus, Schoolmaster, ProbateSharks.com

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