MR. PETER PELLIZZON WAS ERRONEOUSLY NAMED AS A RESPONDENT IN THE CASE. HE IS NOT THE BROKER WHO SOLD THE PRODUCT COMPLAINED OF IN THE STATEMENT OF CLAIM, NOR IS HIS CONDUCT IN QUESTION.

$12,000.00

SETTLEMENT OF $12,000 TO BE PAID BY PRUDENTIAL SECURITIES, INC. MR. PELLIZZON DID NOT CONTRIBUTE TO THE SETTLEMENT NOR WILL HE BE ASKED TO. Not Provided

CUSTOMER ALLEGES UNSUITABLE AND MISREPRESENTED LIMITED PARTNERSHIP PURCHASE WITH DAMAGES IN EXCESS OF $132,000. SEEKS COMPENSATORY DAMAGES $132,000 AND PUNITIVE DAMAGES OF $368,000.

$10,689.77

BROKER PETER PELLIZZON WAS CHARGED WITH LOSS BY MOVING THE POSITION TO HIS ACCOUNT AFTER SETTLEMENT DATE. HE WAS PROHIBITED BY HIS MANAGER FROM BUYING OR SELLING OPTIONS FOR CLIENTS (FOR ONE YEAR) EXCEPT COVERED WRITING. THE LOSS WAS APPROXIMATELY $9,100. THE CLIENT [CUSTOMER] DID NOT COMPLAIN. HOWEVER, THE AGENT AND I HAD MISCOMMUNICATED AS FAR AS BUYING THE MARKET. WE FELT THAT I WOULD TAKE THE LOSS OF $9,100, EVEN THOUGH THE CLIENT [CUSTOMER] NEVER ENTERED A COMPLAINT. THE FIRM'S GOOD FAITH ESTIMATE OF THE ALLEGED DAMAGE IS $9,100.