In re Collotta

OPINION OF THE COURT

On May 10, 2007, the respondent entered a plea of guilty to the federal felonies of conspiracy to commit securities fraud, in violation of 18 USC § 371, and committing securities fraud, in violation of 15 USC § 78j (b) and § 78ff, in the United States District Court for the Southern District of New York.

On October 4, 2007, the respondent was sentenced to a term of probation of three years with the special condition of home confinement for six months. An assessment of $200 and a fine of $3,000 were imposed.

As stated by the Court of Appeals in Matter of Margiotta (60 NY2d…