Arbitration statement of claim alleged misrepresentation; omission of material facts; breach of fiduciary duty; negligence in connection with investments purchased in 2005-2007. Claimants further allege respondent failed to conduct any meaningful due diligence and adequately supervise.

$100,000.00

$108,375.00

THE REPRESENTATIVE DENIES ALL THE CLIENT ALLEGATIONS IN LIGHT OF THE SIGNED CLIENT DOCUMENTS AND DISCLOSURES.

REGARDING 1994 PURCHASE OF A VARIABLE APPRECIABLE INSURANCE POLICY, CLIENT ALLEGED MISREPRESENTATION CONCERNING THE ABBREVIATED PAYMENT PLAN. THIS MATTER IS BEING REPORT BECAUSE THE COMPLAINT HAS ALLEGED NO DOLLAR AMOUNT AND THE FIRM HAS NOT MADE A GOOD FAITH DETERMINATION THAT THE DAMAGES FROM THE ALLEGED CONDUCT WOULD BE LESS THAN $5000.

PER PRUCO, THIS CONCERNS A POLICY INCLUDED IN CLASS OF POLICIES SUBJECT OF A NATIONWIDE CLASS ACTION SETTLEMENT IN WHICH PRUDENTIAL, ITS INSURANCE AFFILIATES AND PERSONNEL WERE RELEASED CONCERNING LIFE INSURANCE SALES PRACTICES. CLASS ACTION SETTLEMENT REMEDIATION PROCESSES FOR ADDRESSING CLAIMS FOR POLICIES IN THE CLASS HAVE CONCLUDED. BECAUSE THE COMPANY AND REPS WERE RELEASED FROM ANY FURTHER LIABILITY OR OBLIGATION WITH RESPECT TO CLAIMS LIKE THOSE MADE BY THE POLICYHOLDER, THE COMPANY IS NOT REVIEWING THIS INQUIRY AND IS MAKING NO FINDING OR FURTHER FILING REGARDING THIS INQUIRY.

ALANAR INCORPORATED

Discharged

INAPPROPRIATE TRADE ACTIVITY.

VIRGINIA - STATE CORORATION COMMISSION DIVISION OF SECURITIES

DEFENDANT IN VIOLATION OF SECTION 13.1-504A OF THE CODE OF VIRGINIA, UNLAWFULLY TRANSACTED BUSINESS IN THIS COMMONWEALTH AS AN UNREGISTERED AGENT.

Stipulation and Consent

Monetary/Fine

$1,000.00

SPECIAL STIPULATION ORDER OF AGREEMENT ISSUED THAT DEFENDANT WILL NOT TRANSACT BUSINESS IN THIS COMMONWEALTH AS UNREGISTERED AGENT IN VIOLATION OF SECURITIES 13.1-504A OR OTHERWISE VIOLATE THE VIRGINIA SECURITIES ACT OR RULES PROMULGATED THEREUNDER. DEFENDANT FINED A MONETARY PENALTY IN THE AMOUNT OF $1,000 FOR ALLEGED VIOLATIONS OF THE VIRGINIA SECURITIES ACT AND ASSESSED INVESTIGATION COSTS IN THE AMOUNT OF $50.00.

THE BOND PROGRAM WAS NOT REGISTERED. CLIENT LOST NO MONEY.