What types of losses are covered by the Client Security Fund?
The Client Security Fund Committee may reimburse losses resulting from the dishonest conduct of a Connecticut attorney who has died, been adjudged incapable, not competent or insane, been disbarred or suspended from the practice of law in Connecticut, been placed on inactive status by a Connecticut court, resigned from the Connecticut bar, or against whom a judgment has been obtained with respect to the dishonest conduct. Dishonest conduct means wrongful acts committed by an attorney, in an attorney-client relationship, or in a fiduciary capacity arising out of an attorney-client relationship, in the nature of theft or embezzlement of money or the wrongful taking of money, property or other things of value. The committee will, in limited circumstances, reimburse a loss based on an attorneys refusal to refund unearned fees received in advance.
