Phoenix attorney placed on interim suspension - WLOX.com - The News for South Mississippi

Phoenix attorney placed on interim suspension

Posted: Updated:
Yuri B. Nielsen Yuri B. Nielsen
PHOENIX (CBS5) -

A Phoenix attorney has been placed on interim suspension for allegedly mismanaging client funds, the State Bar of Arizona said.

During a one-day disciplinary hearing, the State Bar said that Yuri B. Nielsen mismanaged client funds in multiple cases.

Nielsen testified that he can't account for $428,867.20 in client funds that were withdrawn by him from his firm's Interest on Lawyers Trust Accounts (IOLTA).

Nielsen was placed on interim suspension on Friday while the Bar continues formal disciplinary proceedings.

Nielsen was also ordered to notify current clients of his interim suspension. He is barred from accepting any new cases and prohibited from distributing or transferring funds from any trust account without prior written consent from the State Bar of Arizona or by order of the Presiding Disciplinary Judge.

Copyright 2013 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Spring breakers enjoy the coast

    Spring breakers enjoy the coast

    Sunday, April 20 2014 8:00 AM EDT2014-04-20 12:00:18 GMT
    It was a busy day on the beaches of Biloxi Saturday, as people came out to enjoy the sun on the second day of Mississippi Gulf Coast Spring Break.More >>
    It was a busy day on the beaches of Biloxi Saturday, as people came out to enjoy the sun on the second day of Mississippi Gulf Coast Spring Break.More >>
  • Water advisories issued for 6 areas of the beach

    Water advisories issued for 6 areas of the beach

    Saturday, April 19 2014 7:55 AM EDT2014-04-19 11:55:08 GMT
    Advisories have been issued for several sections of the beach in Harrison and Hancock counties. The beaches aren't closed, but there may be an increased risk of illness associated with swimming in these areas.More >>
    Advisories have been issued for several sections of the beach in Harrison and Hancock counties. The beaches aren't closed, but there may be an increased risk of illness associated with swimming in these six areas.
    More >>
  • Ohio couple married 70 years die 15 hours apart

    Ohio couple married 70 years die 15 hours apart

    Saturday, April 19 2014 4:02 PM EDT2014-04-19 20:02:08 GMT
    A couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.More >>
    A couple who held hands at breakfast every morning even after 70 years of marriage have died 15 hours apart.More >>
Powered by WorldNow

208 DeBuys Road
Biloxi, MS 39531
(228) 896-1313

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and WLOX. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.