Michael Vance Wright - #162159
The following information is from the official records of The State Bar of California.
Law Ofc Michael V Wright
16162 Beach Blvd # 207
Huntington Beach, CA 92647
|Phone Number:||(714) 596-3532|
|Fax Number:||(714) 596-3582|
||Undergraduate School:||California St Univ Fullerton; CA|
|Sections:||None||Law School:||Western State Univ COL; Fullerton CA|
Actions Affecting Eligibility to Practice Law in California
State Bar Court Cases
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DISCLAIMER: Any posted Notice of Disciplinary Charges, Conviction Transmittal or other initiating document, contains only allegations of professional misconduct. The attorney is presumed to be innocent of any misconduct warranting discipline until the charges have been proven.
|Effective Date||Case Number||Description|
California Bar Journal Discipline Summaries
Summaries from the California Bar Journal are based on discipline orders but are not the official records. Not all discipline actions have associated CBJ summaries. Copies of official attorney discipline records are available upon request.
January 6, 2017
MICHAEL VANCE WRIGHT [#162159], 57, of Huntington Beach, was disbarred Jan. 6, 2017 and ordered to comply with rule 9.20 of the California Rules of Court and make restitution.In 2014, Wright entered into an escrow agreement with an investment company and the chief executive officer of a Nigerian company focused on eradicating the use of a cancer-causing chemical in the Nigerian baking industry.Under the agreement, the CEO put $100,000 into Wright’s client trust account while the investment company obtained a $5 million line of credit. Skipping steps that were in place as safeguards, and unbeknownst to the CEO, Wright misappropriated $96,500 of the escrow funds by transferring them to the investment company. Wright took an additional $3,500 in escrow fees.For months, Wright gave the CEO excuses as to why the transaction hadn’t been completed. The investment company never obtained the line of credit and the CEO did not get her money back.Wright engaged in multiple acts of misconduct, exploited his fiduciary duty by misappropriating the escrow funds, failed to make restitution and exploited a vulnerable victim.He had no prior record of discipline, submitted five character reference letters, has done extensive pro bono work and entered into a pretrial stipulation with the State Bar.He was ordered to pay $100,000 plus interest in restitution.