In theory, yes. But does that actually happen IRL? I've never heard of a lawyer getting disbarred for the quality of suits he or she is filing.

Many years ago in Northern CA we had a lawyer that was basically going around filing suits against everyone she came in contact with as a way to pay the bills. She was eventually declared a "vexatious litigant" and had to get a judge's permission before she could sue anyone in the future, but they didn't disbar her.