CLIENT ALLEGES MISREPRESENTATION WITH RESPECT TO INVESTMENT STRATEGY OCTOBER 2016 - NOVEMBER 2016.

$50,095.97

CUSTOMER CLAIMS THAT CD'S THE FINANCIAL ADVISOR PURCHASED IN APRIL 2005 WERE UNSUITABLE.

$8,000.00

THE CUSTOMERS ALLEGE " THAT THEIR ACCOUNT HAS BEEN MIMANAGED" AND "CUSTOMER'S IRA ACCOUNT WAS MISMANAGED".

$41,000.00

THE FIRM DENIED THE COMPLAINT AS WITHOUT MERIT.

ALLEGED MISREPRESENTATIONS REGARDING BOEING, UNITED AIRLINES AND LUCENT.

$91,788.00

FINANCIAL ADVISOR VEHEMENTLY DENIES ALL CHARGES. CLIENT STATEMENTS ARE UNTRUE AND WILL BE DEFENDED TO THE FULLEST EXTENT. NO MISREPRESENTATIONS OF ANY SORT WERE MADE, AND FINANCIAL ADVISED ONLY FOLLOWED CLIENT'S INSTRUCTIONS.

CLAIMANT ALLEGES, INTER ALIA, COMMON LAW AND STATUTORY SECURITIES VIOLATION IN CONNECTION WITH LIQUIDATING POSITIONS TO MEET MARGIN CALLS.

$415,998.00

$13,866.67

CLAIMANT PURCHASED A PROTFOLIO OF TECHNOLOGY STOCKS ON MARGIN AT J.B. OXFORD. IN MARCH OF 200O, CLAIMANT TRANSFERRED HIS ACCOUNT TO MORGAN STANLEY WITH A MARGIN CALL. CLAIMANTS PORTFOLIO THEN DECLIENED APPROXIMATELY, $415,000. CLAIMANT ALLEGED RESPONDENTS INAPPROPRIATELY LIQUIDATED TO MEET MARGIN CALLS. MR. FEZZA STRENUOUSLY DENIES ANY WRONGDOING AND FURTHER STATES THAT CLAIMANT DID NOT PURCHASE ANY SECURITIES THROUGH MORGAN STANLEY. ALTHOUGH, CLAIMANT SOUGHT $415,000 IN DAMAGES, THE PANEL ONLY AWARDED CLAIMANT $13,866.67 FROM MR. FEZZA.