Lawyer To Plead Guilty To Trading Away Client Win

Law360, New York (October 2, 2009, 6:30 PM EDT) -- A California attorney has agreed to plead guilty to wire fraud and obstruction of justice after he lost the more than $2 million he had won for clients in a labor class action by day-trading it away on the stock market.

Sandeep Baweja, 39, who had practiced in Orange County but resigned from the state bar in April, faces 30 years in prison but could be sentenced to around five, his attorney said, referring to sentencing guidelines in the plea deal filed on Thursday in the...
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