Tatum 1201 rel.PDF (2003)
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BOARD OF PROFESSIONAL RESPONSIBILITY
of the
SUPREME COURT OF TENNESSEE
LANCE B. BRACY WILLIAM W. HUNT, III
CHIEF DISCIPLINARY COUNSEL 1101 KERMIT DRIVE, SUITE 730 CHARLES A. HIGH
NASHVILLE, TENNESSEE 37217 SANDY GARRETT
LAURA L. CHASTAIN
DEPUTY CHIEF DISCIPLINARY COUNSEL TELEPHONE: (615) 361-7500 JESSE D. JOSEPH
(800) 486-5714 JAMES A. VICK
BEVERLY P. SHARPE FAX: (615) 367- 2480 THERESA M. COSTONIS
CONSUMER COUNSEL/DIRECTOR E-MAIL: ethics@tbpr.org DISCIPLINARY COUNSEL
RELEASE OF INFORMATION
RE: TERRANCE E. TATUM, BPR #19186
CONTACT: LAURA L. CHASTAIN
BOARD OF PROFESSIONAL RESPONSIBILITY
615-361-7500
May 22, 2003
LAW LICENSE OF MEMPHIS ATTORNEY SUSPENDED
On May 19, 2003, the Supreme Court of Tennessee entered an order suspending the law
license of Terrance E. Tatum for a period of thirty (30) days beginning May 19, 2003.
Tatum represented his client witho ut sufficient knowledge of securities law;
communicated with investors; drafted documents for his client (who was the subject of
investigation by the Dept. of Insurance and Commerce and was ultimately ordered to cease and
desist the fraudulent sales of securities), which investors signed to obtain their funds and have
not received any funds in return.
Disciplinary Counsel filed a petition for discipline pursuant to Rule 9, Rules of the
Supreme Court of Tennessee. Mr. Tatum submitted a conditional guilty plea pursuant to Section
16.1 of Tennessee Supreme Court Rule 9 in exchange for a stated form of discipline. The stated
form of discipline shall be that Tatum shall be suspended from the practice of law for a period of
thirty (30) days; and shall, at his cost, attend the Board of Professional Responsibilityâs Ethics
Workshop for the year 2003. The Supreme Court further ordered that Tatum shall pay the cost
of the matter.
This disciplinary matter was held pursuant to Supreme Court Rules 8 and 9. This
suspension shall remain in effect until June 20, 2003.
From May 19, 2003 until June 20, 2003, Mr. Tatum shall not use any indicia of lawyer,
legal assistant or law clerk, nor maintain a presence where the practice of law is conducted.
Section 18 of Tennessee Supreme Court Rule 9 requires Mr. Tatum to notify all clients that are
being represented in pending matters; all counsel and opposing counsel of the Supreme Courtâs
order suspending him. Section 18 also requires Mr. Tatum to deliver to all clients all papers or
property to which they are entitled.
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Tatum 1201 rel.doc