The Sun-Herald is reporting a financial scandal and lawsuit involving prominent Biloxi attorney Stephen Colson. Basically, there is a whole lot of money missing and the allegations are that Colson and his title company stole it. The Sun-Herald story focuses on a couple whose check from Colson’s title company to pay off their house bounced. According to their attorney Andy Alfonso of Ocean Springs:

This is going to rock the Coast, as far as being a huge public catastrophe.”

The only lawsuit on file is not on behalf of the couple that is the subject of the newspaper article. If you want to read the Complaint of the only lawsuit on file so far, here is the PDF. Gulfport attorney Joe Sam Owen is defending Colson. Sheryl Bey with Baker Donelson in Jackson filed the lawsuit.

Colson is a Gulfport native who attended high school at St. Stanislaus in By St. Louis and college and law school at LSU. He has been active in the LSU alumni association and is well known on the Coast. For Colson’s sake, I hope that the allegations are not true. A lawyer stealing client funds usually means automatic disbarment. It would aslo be another black eye for the legal profession in Mississippi.