In Re a Member of the State Bar of Arizona, Nulle

GORDON, Justice:

Respondent, Richard A. Nulle, was charged with unethical conduct arising out of his dealings in the early months of 1976, with United Investments Diversified, Inc., (hereinafter UID) and its investors and stockholders.

After holding hearings with regard to the matter, State Bar Local Administrative Committee 5-L found that “[T]he Respondent Richard A. Nulle engaged in unprofessional and unethical conduct in violation of the Code of Professional Responsibility and of Rule 29(a) and (b), Rules of the Supreme Court, Canons 5 and 7 and Disciplinary Rules 5-101, Section (A), 5-104…