Opinion ID: 1144131
Heading Depth: 1
Heading Rank: 3

Heading: Complaint by Ms. Hutto

Text: In August 2000, while the civil suit was still pending, Ms. Hutto filed a complaint against respondent with the ODC, stating that respondent was recommended by my lawyer, Lawrence Babineaux, as a broker and he spent it. About $221,000. In his response to the complaint, respondent denied that he had an attorney-client relationship with Ms. Hutto. Respondent also stated that Ms. Hutto had agreed to lend him the funds she received from her inheritance, which loan respondent would repay as follows: (1) respondent agreed to pay Ms. Hutto a minimum of 10% and a maximum of 12% on her money; (2) respondent would pay Ms. Hutto $2,000 per month, and would pay each of her five children $500 per month until each one had received $10,000; (3) respondent would, with reasonable notice, advance money to Ms. Hutto for things that she might desire that could not be paid out of the $2,000.00 per month, such as improvements to her home; and (4) respondent could lend the money out or invest the money as he saw fit, at his risk.