Clients alleged unsuitable insurance investments and damages resulting from termination of a welfare benefit plan. (1/1/2011-12/1/2016)

$27,668.00

$24,999.00

CLIENT ALLEGED TRADES ENTERED IN THE ACCOUNT ON FRIDAY OCTOBER 10, 2008 WERE NOT AUTHORIZED. DAMAGES NOT SPECIFIED, BUT DETERMINED TO EXCEED $5,000.00

THURSDAY OCTOBER 9, 2008 DISCUSSED WITH THE CLIENT THE POTENTIAL LIQUIDATION OF THE SECURITIES IN THE ACCOUNT. FRIDAY OCTOBER 10, 2008 RECEIVED LIQUIDATING INSTRUCTIONS TO SELL ALL POSITIONS DISCUSSED ON THE 9TH. CONFIRMED EXECUTIONS OF ALL TRANSACTIONS WITH THE CLIENT PRIOR TO MARKET CLOSE ON THE 10TH.

CLAIMANT ALLEGES FA MADE UNSUITABLE INVESTMENTS AND RECOMMENDATIONS WITH RESPECT TO THEIR ACCOUNT. CLAIMANT ALSO ALLEGES FA MISREPRESENTED CERTAIN INFORMATION REGARDING THIER INVESTMENTS.

$674,791.43

$200,000.00

CUSTOMER ALLEGES UNSUITABILITY IN RECOMMENDATIONS BY FINANCIAL CONSULTANT OF "ML CORP. BOND-FUND-HIGH INCOME". CUSTOMER CLAIMED DAMAGES OF $137,690

$137,690.00

$104,600.00

MATTER SETTLED FOR $104,600 TO AVOID THE EXPENSE AND UNCERTAINTY OF PROTRACTED LITIGATION. Not Provided

[CUSTOMER] SOUGHT REMUNERATION FOR LOSS ON THE ALLEGED SOLICITATION OF ERDBF (A FOREIGN LISTED SECURITY) WHICH TRADED OTC IN THE U.S. PRIOR TO APPROVAL.

$137,997.26

ALTHOUGH THE FIRM'S RECORDS REFLECT THAT THE TRADE WAS UNSOLICITED, A BUSINESS DECISION WAS MADE TO SETTLE THIS AGED MATTER FOR $137,997.26 AND AVOID THE COSTS AND UNCERTAINTIES OF LITIGATION. THIS TRADE WAS UNSOLICITED AND I FEEL SHOULDN'T HAVE BEEN SETTLED. [CUSTOMER] BOUGHT THE SECURITY FOR HIS SON AS WELL. HE OWED DISNEY/EURODISNEY LYONS FOR MORE THAN 1 YEAR PRIOR AND NEW EURODISNEY ON HIS OWN. I ADMIT NO RESPONSIBILITY, FAULT OR LIABILITY ON THIS MATTER AND FELT [CUSTOMER] IS BEING UNAIRLY COMPENSATED FOR A RISK/LOSS HE VOLUNTARILY AND UNSOLICITED ASSUMED/TOOK.