The People of the State of Colorado, Complainant v. Brandon S. Culter, Respondent

Summary

The court found that the respondent knowingly violated the rule governing business transactions with clients by borrowing money from two clients without recommending independent legal advice, obtaining written consent, or making required disclosures. It found no clear and convincing evidence that he misrepresented the security terms of the Lindsey loans, but found that he misrepresented the intended use of the Landers loan in violation of the prohibition against dishonesty. The court imposed a six-month suspension stayed in full upon successful completion of three years of probation with repayment and reporting conditions.