A federal appeals court in Washington today unanimously upheld the U.S. Securities and Exchange Commission’s lifetime ban imposed against a commercial litigator whom the agency accused of violating attorney ethics rules…. The commission accused Altman of trying to squeeze money from another lawyer in exchange for favorable testimony at an administrative hearing. The other attorney, Irving Einhorn, said Altman’s behavior amounted to extortion. Einhorn recorded several calls with Altman.
Read more: Appeals Court Upholds SEC’s Lifetime Ban Against Commercial Litigator — Blog of the Legal Times