CLIENT ALLEGES, INTER ALIA, THAT PURCHASE OF VARIABLE ANNUITY IN 2022 WAS UNSUITABLE

$10,000.00

PRUDENTIAL BACHE SECURITIES

Permitted to Resign

Not Provided PRUDENTIAL BACHE TERMINATED ME BECAUSE THEY SAID I SIGNED A CUSTOMER NAME TO A MARGIN AGREEMENT. EVEN THOUGH THIS WAS SO, CLIENT ACKNOWLEDGED MY SIGNING AGREEMENT FOR HIM. THEY ALSO CLAIMED UNSUITABILITY IN THE ACCOUNT EVEN THOUGH CLIENT CHOSE MOST INVESTMENTS

TERMINATION I WAS TERMINATED AFTER PRU-BACHE SETTLED WITH CLIENT FOR $17,500. THIS WAS A RESULT OF A COMPLAINT BY A CLIENT THAT A MARGIN AGREEMENT WAS SIGNED BY ME (EVEN THOUGH HE ACKNOWLEDGED THAT HE KNEW THIS WAS BEING DONE). HE LOST MONEY IN THE CRASH AND WAGED A COMPLAINT. PRU BACHE TERMINATED ME ALMOST 2 YEARS AFTER THE COMPLAINT WAS FILED WHEN CASE WAS SETTLED.

CLIENT CLAIMED HE DID NOT UNDERSTAND RISKS OF MARGIN

$22,000.00

$17,500.00

COMPLAINT WAS SETTLED. CLIENT WAS PAID 17,500 FOR SETTLEMENT. I WAS SUBSEQUENTLY TERMINATED CLIENT WISHED TO BUY WESTERN DIGITAL STOCK BUT WAS GOING ON VACATION & DIDN'T WANT TO PAY IN CASH. I EXPLAINED MARGIN BUYING & TOLD HIM HE HAD TO SIGN AN AGREEMENT. HE SAID HE WAS GOING AWAY AND WOULD NOT BE BE HERE TO SIGN. I AGREED TO SIGN FOR HIM (CLIENT ACKNOWLEDGED THIS IN COMPLAINT), BUT HIS ACCOUNT THEN LOST MONEY IN THE CRASH, AND HE CLAIMED HE DID NOT UNDER- STAND THE RISKS OF MARGIN