Defense of Attorney Issuing 144 Opinion Letters with inadequate information
Area of Law: Civil Law
State Filed: California
Settlement: Favorable Result Without a Loss of her License
Mr. Gourde represented an attorney of a firm that provided 144 Opinion letters (confirming restricted company stocks were transferrable) to stock transfer agents, but was alleged to have relied on inadequate information when issuing the letters. Mr. Gourde was able to negotiate a favorable result for his client with the SEC and no restrictions on her law license.