“Prominent Arkansas Lawyer Probed Over Missing $9 Million”

by Walter Olson on May 9, 2009

“Prominent Arkansas plaintiffs’ lawyer Gene Cauley has landed in some hot water due to his apparent inability to produce more than $9 million in settlement money he was overseeing for clients, according to federal court records.” His lawyer, John Wesley Hall, told Judge Jed Rakoff at a hearing “that the missing settlement funds ‘are presently unavailable,’ but Hall declined to elaborate, citing Cauley’s privilege against self-incrimination.” He says, however, that Cauley is working to “find the money and pay it in 90 days” and expects to “make everyone 100% whole”. [WSJ Law Blog].

{ 1 trackback }

“Lawyer charged with stealing over $600,000 in client settlement money”
05.21.09 at 12:59 am

{ 3 comments }

1 Soronel Haetir 05.09.09 at 10:56 am

“Well, Your Honor, I was reading this website and it described a sure fire way to win at roulette.”

2 Doug 05.10.09 at 7:41 am

Worse, he received some email from a Nigerian prince.

3 Smart Dude 05.10.09 at 7:19 pm

‘…. is working to “find the money and pay it in 90 days” and expects to “make everyone 100% whole”’

And in other news, the distinguished attorney will cure cancer, bring peace on earth, and end world poverty by mid-June.

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