Update on our February 21 and February 10 coverage: Kentucky Bar Association Trial Commissioner William Graham recommended that Chesley be disbarred and disgorge $7.6 million in excessive fees. If so, he likely faces reciprocal discipline in Ohio. [Opinion and Cincinnati Enquirer via Fisher @ Forbes; other links at ABA Journal]
Astonishingly, Chesley would get to keep the other $12.4 million under this recommendation.
Chesley's lawyers complain that the findings contradict the failure of the federal authorities to target Chesley in their investigation, but that perhaps says something about a politicized decision to use Chesley as an ineffective witness in the criminal prosecution.