By: WISCONSIN LAW JOURNAL STAFF//July 1, 2014//
Professional Responsibility – Suspension
Where attorney Richard A Kranitz was convicted of federal securities fraud, a two-year suspension is appropriate.
“After closely reviewing this matter, we accept the stipulation and determine that Attorney Kranitz did engage in criminal acts in violation of SCR 20:8.4(b). We determine that a two-year suspension of his license to practice law in this state is an appropriate level of discipline to impose in light of the nature of the misconduct and the other factors present in this case. We have already determined that a two-year suspension was the proper level of discipline to be imposed on Attorney Berman, and we do not see a significant distinction between their situations. Although they played different roles, they were both co-conspirators in the same illegal scheme.”
2013AP2128-D OLR v. Kranitz
Per Curiam.
Wisconsin Supreme Court