Malcolm Wittenberg was disbarred Thursday by the D.C. Court of Appeals over his felony conviction for insider trading in California. He was a former partner in Crosby Heafey Roach & May’s patent practice in Oakland, Calif., before the firm merged with Reed Smith in 2002.
Wittenberg had faced up to 10 years in prison and a $1 million fine. In 2001, U.S. District Judge William Alsup in San Francisco sentenced Wittenberg to one month in a halfway house, three years of probation, and a $10,000 fine. Wittenberg had represented Forte Software Inc., an Oakland company that merged with Sun Microsystems Inc. of Palo Alto, Calif., in 1999. After learning of the pending merger, he bought 2,000 shares of Forte stock and then sold the shares less than a month after the merger, netting about $14,000 in profits, the indictment charged.
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