This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

The Law Society of British Columbia has initiated a professional misconduct case against Vancouver securities lawyer John Briner, claiming that he misappropriated client money in 2013. The society says that he received $50,439 from a client, and improperly withdrew or authorized the withdrawal of at least some of the money. He also failed to record the money in his trust ledger, according to the society.

The allegations are contained in a citation the Law Society issued on July 18, 2014, against Mr. Briner. The one-page citation says little about the circumstances of the case, other than to accuse Mr. Briner of misappropriating client money. According to the society, Mr. Briner received $50,439 from a client named GK and, between Dec. 20, 2012, and Oct. 16, 2013, he misappropriated some or all of it. Contrary to Law Society rules, he did not record a trust ledger showing the receipt of the money or its subsequent dispersal, the citation states.

The Law Society has not stated what penalties it could seek for Mr. Briner. It has also not yet scheduled a hearing in the matter.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS