Cauley gives up law license | Arkansas Blog

Monday, May 18, 2009

Cauley gives up law license

Posted By on Mon, May 18, 2009 at 11:28 AM

Little Rock lawyer Gene Cauley has filed papers with the Arkansas Supreme Court that say he's surrendering his law license and has agreed to a plea deal with a federal prosecutor over allegations that he'd mishandled $9.3 million won for sharehholders in a securities  lawsuit.

Here's the filing. He acknowledges committing a criminal act. He says he's being treated for depression, but says he accepts full responsibility for his actions.

It's the crash and burn of a high-profile career in which Cauley managed to build a long list of detractors in the legal community.

Under a voluntary surrender, Cauley can petition for readmission to the bar only after a five-year wait. The filing does not detail terms of what Cauley describes as a two-count felony plea deal on the fraud.

No word at this moment if this development means an end to Cauley's suit against former partners. In his filing with the Supreme Court, Cauley takes full responsibility for improper acts.

Arkansas Business updates with more details on the plea and the underlying charge.


Favorite

Comments (5)

Showing 1-5 of 5

Add a comment

 
Subscribe to this thread:
Showing 1-5 of 5

Add a comment

More by Max Brantley

  • Kane Webb leaving Parks and Tourism for Walmart

    Kane Webb is departing as director of the state Parks and Tourism Department to take a job as director of executive communications at Walmart headquarters in Bentonville. Cynthia Dunlap will be the agency's interim director.
    • Dec 12, 2018
  • Wednesday: Headlines and the open line

    The video news roundup and the open line.
    • Dec 12, 2018
  • Michael Cohen gets three years

    Michael Cohen, Donald Trump's former lawyer, was sentenced to three years in federal prison today for a variety of crimes, including accusations related to paying hush money to Trump mistresses to keep their stories out of circulation during the 2016 election campaign. Can't wait for the Trump tweet storm.
    • Dec 12, 2018
  • More »

Readers also liked…

  • Baseball fans have a new place to stay

    If you missed out on Razorback baseball home games this year because you couldn’t find a great place to stay, your problem is now solved: Staybridge Suites of Fayetteville is now fully renovated and located directly across from Baum Stadium, with free parking for hotel guests.
    • May 22, 2017
  • Is Arkansas in or out on Kobach voter data effort?

    The Washington Post has published a map that counts Arkansas as among states that will "partially comply" with a sweeping request for voter data by the so-called election integrity commission set up by Donald Trump in an effort to cast doubt on Hillary Clinton's 3 million-vote popular defeat of him in 2016.
    • Jul 2, 2017
  • Rep. Mary Bentley's website now supports gay rights

    Somebody has cybersquatted on Republican Rep. Mary Bentley's website, replacing her messaging with a call for equal rights for LGBTQ people.
    • Jul 18, 2017

Slideshows

  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation