STATE OF MINNESOTA

IN SUPREME COURT

C4-01-1506

 

 

In Re Petition for Disciplinary Action against

Martin M. Fiterman, an Attorney at Law of the

State of Minnesota.

 

 

O R D E R

 

 

The Director of the Office of Lawyers Professional Responsibility has filed a petition for disciplinary action alleging that respondent Martin M. Fiterman has committed professional misconduct warranting public discipline, namely, respondent aided and abetted insider trading in violation of federal law, including 15 U.S.C. 78j(b), 17 C.F.R.  240.10b 5, 15 U.S.C. 78ff(a), and 18 U.S.C. 2(a) and (b), as evidenced by his agreement to plead guilty to these offenses, in violation of Rules 8.4(b) and (c), Minn. R. Prof. Conduct.

Respondent admits his conduct violated the Rules of Professional Conduct, waives his rights pursuant to Rule 14, Rules on Lawyers Professional Responsibility (RLPR), and has entered into a stipulation with the Director wherein they jointly recommend that the appropriate discipline is disbarment and payment of $900 in costs and disbursements pursuant to Rule 24, RLPR.

This court has independently reviewed the file and approves the jointly recommended disposition.

Based upon all the files, records, and proceedings herein,

IT IS HEREBY ORDERED that respondent Martin M. Fiterman is disbarred from the practice of law, effective immediately, and that he pay $900 in costs and disbursements pursuant to Rule 24, RLPR.

Dated: September 26, 2001

BY THE COURT:

 

/s/Paul H. Anderson

Associate Justice