Matter of Hodges

In this disciplinary proceeding, Joseph H. Hodges III acknowledges the State Bar’s charges against him regarding his misuse of one client’s funds for the benefit of another client and agrees to a two-year suspension. We have reviewed the record and agree that a two-year suspension is appropriate.

Hodges filed an acceptance to the State Bar’s Notice of Discipline admitting the facts alleged. The president of a corporation retained Hodges to assist him in preparing a disclosure document for a private placement stock offering. Hodges agreed to act as escrow agent and received funds totaling…