X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PER CURIAM — Respondent Keith D. Wellner was admitted to the practice of law in the State of New York by the Third Judicial Department on January 26, 1993. At all times relevant to this proceeding, respondent has registered his business address within the First Department. On December 18, 2017, respondent was convicted of six felony counts in the United States District Court for the Southern District of New York pursuant to a plea agreement with the government. Respondent’s convictions stemmed from his participation, between 2011 and 2012, in a conspiracy to commit fraud on investors in Weston Capital Asset Management, a registered investment adviser for which respondent was the general counsel, chief operating officer, and chief compliance officer. Among respondent’s convictions were two counts of securities fraud under 15 USC

78j(b) and 78ff. The Attorney Grievance Committee (the Committee) seeks an order striking respondent’s name from the roll of attorneys, pursuant to Judiciary Law 90(4)(a) and (b) and the Rules for Attorney Disciplinary Matters (22 NYCRR) 1240.12(c)(1), on the basis that he was convicted of a felony as defined by Judiciary Law 90(4)(e) and should be disbarred automatically. Respondent, through counsel, consents to this request.1For the purposes of automatic disbarment, a “felony” includes “any criminal offense classified as a felony under the laws of this state or any criminal offense committed in any other state, district, or territory of the United States and classified as a felony therein which if committed within this state, would constitute a felony in this state” (Judiciary Law §90[4][e]; see also Judiciary Law §90[4][a]). A federal felony offense need not be the “mirror image” of a New York State felony in order to trigger automatic disbarment; if the offense in question shares “essential similarity” with a New York State felony, the requirements of the Judiciary Law will be met (Matter of Margiotta, 60 NY2d 147, 150 [1983]). We have previously held that a conviction for securities fraud under 15 USC

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
September 04, 2025
New York, NY

The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.


Learn More
February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.


Learn More
March 24, 2025
New York, NY

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.


Learn More

The Court of Appeal, First Appellate District in San Francisco is accepting applications for a full-time regular Judicial Secretary I, Judic...


Apply Now ›

The County is looking for a skilled and seasoned County Attorney to oversee the Law Department in delivering top-tier legal services, repres...


Apply Now ›

Position Summary: The Corporate General Counsel will manage and coordinate all legal and compliance matters affecting the company. The Gen...


Apply Now ›