The Indiana Supreme Court has accepted the resignation of the Indianapolis attorney who pleaded guilty earlier this year to theft from two clients.
Stacy H. Sheedy’s resignation became effective July 17, according to an order released by the justices.
Sheedy was charged with theft and forgery in January after an investigation revealed she misappropriated nearly $600,000 in funds from a guardianship account and a family trust account. She pleaded guilty to two Class C felony counts of theft and was sentenced to eight years in prison.
Sheedy was admitted to practice in 1996 and suspended in June 2011 for failing to cooperate with the Indiana Supreme Court Disciplinary Commission’s investigation of a grievance filed against her. She was reinstated on July 26, 2011.
As a result of her resignation, any pending disciplinary action against her has been dismissed. She can’t practice in Indiana for five years.
Sheedy is the second attorney in the last month to resign from the bar. William Conour tendered his resignation at the end of June. He faces a wire fraud charge in federal court in the Southern District of Indiana. He’s accused of misappropriating more than $2.5 million from clients over the course of nearly 12 years.