The People of the State of Colorado v. Patrick C. Hyde

Summary

The Hearing Board found that Patrick C. Hyde violated the trust-account and recordkeeping rules by transferring unearned funds from his trust account to his operating account and by failing to identify all relevant persons and address information in his records. It found insufficient evidence to establish a separate violation concerning quarterly reconciliation of trust-account records. Considering the misconduct, aggravating and mitigating factors, and the need to protect the public, the Board imposed a six-month suspension requiring formal reinstatement proceedings.