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Treasurer finalist censured by state supreme court
Clark Stith is one of three finalists to be appointed Wyoming State Treasurer.

Treasurer finalist censured by state supreme court

Oct 24, 2012 - The Associated Press

CHEYENNE -- One of three finalists recommended by the Wyoming Republican Party to succeed former state Treasurer Joe Meyer was censured by the state Supreme Court last year for misleading an opposing lawyer in a lawsuit.

The party on Monday named Rock Springs lawyer Clark Stith and two others as possible replacements for Meyer, who died earlier this month. The high court censured Stith in April 2011, saying he failed to tell an opposing lawyer that Stith's client had insurance that could help settle a civil claim.

The other finalists the party recommended to Gov. Matt Mead were Bruce Brown, 56, a certified public accountant from the town of Devil's Tower, and Buffalo rancher Mark Gordon, 55, a former board member of the Federal Reserve Bank of Kansas City.

The Treasurer's Office oversees state investments that totaled more than $15 billion at the start of the current fiscal year in July. The Republican governor will interview the three finalists Wednesday and intends to name one as state treasurer Friday.

The order of public censure against Stith, signed by Chief Justice Marilyn S. Kite, required him to pay nearly $7,500, mainly to cover the cost of the investigation by the Board of Professional Responsibility of the Wyoming State Bar. The order incorporated a report compiled by the board that found Stith committed professional misconduct by engaging in activity "involving dishonesty, fraud, deceit or misrepresentation."

Stith maintains he followed the rules.

In the lawsuit, Stith represented a company called PyroTechs, which installed a fire suppression system for a commercial kitchen at a hotel in Elk Mountain.

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