In re Hill

Respondent, admitted in 1966 in the Second Department, was convicted by plea in the United States District Court for the Southern District of New York of conspiracy to violate the regulations of the SEC and underlying statutes by manipulation of the price of corporate stock. The charge would have been a misdemeanor under New York law (Penal Law, § 105.00 et seq.).

In 1971, respondent was retained by Leisure Time Marine Corporation for one year at a retainer of 28,000 shares of its common stock. Shortly thereafter, he was introduced to one Van Aken who, he was told, was financial advisor to the…