IN THE MATTER OF RONALD D. LORDS, An Attorney at Law, Respondent.
MICHAEL W. COTTER Chief Disciplinary Counsel Office of
COMPLAINT 1.4, 1.8(A)(3), 1.15, 1.15(B), 1.18, 8.1,
Office of Disciplinary Counsel for the State of Montana
("ODC") hereby charges Ronald D, Lords with
professional misconduct as follows:
Ronald D. Lords, (referred to as "Respondent1'), was
admitted to the practice of law in the State of Montana in
1994 at which time he took the oath required for admission,
wherein he agreed to abide by the Rules of Professional
Conduct, the Disciplinary Rules adopted by the Supreme Court,
and the highest standards of honesty, justice and morality,
including, but not limited to, those outlined in parts 3 and
4 of Chapter 61, Title 37, Montana Code Annotated.
Montana Supreme Court has approved and adopted the Montana
Rules of Professional Conduct ("MRPC"), governing
the ethical conduct of attorneys licensed to practice in the
State of Montana, which Rules were in effect at all times
mentioned in this Complaint.
Under information and belief, at all times described below,
Lords conducted transactions arising from the existing
realleges and incorporates paragraphs 1 through 3 of the
General Allegations as if fully restated in this Count One.
all times pertinent hereto, Lords was a sole practitioner
(Eagles Landing Legal Services, P.C.) with an office at
various physical locations in Stevensville, Montana. Lords
also owned and operated a construction company Eagles Landing
Construction Company, LLC. Based upon information and belief,
the construction company shared the same physical location as
the law practice.
June 2011 through September 2017, Respondent conducted
various business transactions with current or former clients,
instructing them to "invest" or "loan"
money to his business, Eagles Landing Construction, LLC.
Respondent received approximately Si, 330, 000, of which,
$535, 000 was from five clients. The remaining $795, 000 was
from another nine individuals.
Respondent drafted promissory notes to at least five clients,
with a promise to pay monthly interest. Each note was alleged
to be secured by real property located within Ravalli or Lake
County Montana. The notes were due in full 30 days after
demand. Based upon information and belief, Respondent signed
the notes individually and as president of Eagles Landing
Lords did not advise the clients in writing or encourage the
clients to seek independent legal counsel concerning the
details of the transactions, a violation of Rule 1.8(a)(3),
Lords deposited $1, 205, 000 into various personal or
business accounts. At least $125, 000 in funds was deposited
into his IOLTA trust account, Eagles Landing Legal Services,
Although most of the funds were deposited to personal and
business accounts, Respondent issued interest payments to
clients and other ...