Thursday, December 20, 2012
The New York Appellate Division for the Second Judicial Department accepted the resignation and struck from its rolls an attorney convicted of securities fraud:
The factual basis for Mr. Krome's plea was his knowing and willful participation in the creation of materially false and misleading documents, including an opinion letter, in order to facilitate the issuance of, and remove trading restrictions on, shares of stock in a corporation named CO2 Tech, Ltd., and have "free trading" shares of CO2 Tech, Ltd., stock issued for sale to the public.
The attorney admitted that he could not defend against the resulting disciplinary charges. (Mike Frisch)