A panel of the Appellate Division, First Department on Monday disbarred attorney Robert S. Brown, who pleaded guilty in November 2009 to obstruction of justice in connection with his participation in a securities fraud.

Mr. Brown admitted that he concealed information about a “pump and dump” scheme run by an unnamed California investment firm and that he helped the firm’s CEO and the CEO of a Chinese company fraudulently transfer about $25 million through shell companies he helped set up (NYLJ, Nov. 6, 2009). The court determined that the federal charge against him was the equivalent of the New York felony of scheme to defraud in the first degree, mandating his disbarment.

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