Matter of Dobson

This is a disciplinary proceeding in which respondent Robert A. Dobson, III is alleged to have participated in a scheme to evade securities laws during the 1970s. We find the facts to be as follows.

Respondent entered the practice of law after attaining competency as a certified public accountant. Respondent’s clientele included wealthy individuals who wished to take advantage of tax shelters and other investment opportunities. In August 1972, one of respondent’s clients introduced respondent to Butch Foster, a broker for Premier Corporation (Premier). Premier owned cattle herds which it…