Teel & Maroney, P.L.C. Statement

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Teel & Maroney, P.L.C. Statement

Upon becoming aware of alleged irregularities in certain real estate transactions handled by Clay McCormack, the firm placed Mr. McCormack on a Leave of Absence pending further investigation and notified the Board of Professional Responsibility. Several weeks later,
following additional investigation, Mr. McCormack’s membership in the firm was terminated.
Mr. McCormack has not been a member of the firm since 2010.

The members of the firm very much regret any negative impact caused by Mr. McCormack’s actions, and we have actively worked and cooperated with representatives of those affected in an attempt to remedy the situation. Because of the ongoing nature of Mr. McCormack’s legal proceedings, the firm will make no further statement.


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