The WSJ law blog is carrying the story. You may recall that the lawyer, a partner at Proskauer, attended an SEC interview with an officer of his client and gave what I consider to be an ambiguous answer when asked if represented the officer personally. If the WSJ blog is correct, he will have much bigger things to worry about: the SEC accepted a plea bargain that suggests that it believes the lawyer made material falsehoods to the SEC. No doubt there will be more news on this story.