$15,372.95

Tax

Advisor is in a repayment plan to take care of of tax lien.

$24,906.98

Tax

ARBITRATION STATEMENT OF CLAIM ALLEGED MISREPRESENTATION; OMMISSION OF MATERIAL FACTS AND BREACH OF FIDUCIARY DUTY WITH THE INVESTMENTS PURCHASED IN 2009.

$120,000.00

$36,000.00

$7,028.63

Tax

The judgments and liens that are present are a result of my divorce.

ALLEGATIONS WERE UNAUTHORIZED TRADING, CHURNING, FAILURE TO FOLLOW INSTRUCTIONS FROM JULY 2003 TO OCTOBER 2004.

$10,000.00

$3,000.00

AS A MATTER OF EXPEDIENCY, AND TO AVOID POTENTIALLY PROLONGED AND MUTUALLY AGGRAVATING NEGOTIATIONS, PRESIDENTIAL BROKERAGE, INC. AND PATRICK KELLY OPTED TO SETTLE THIS DISPUTE FOR BUSINESS REASONS, WITHOUT ADMISSION OF FAULT, RESPONSIBILITY, OR LIABILITY.

CLIENT ALLEGES THAT A TRANSACTION AUTHORIZED BY THE CLIENT WAS NOT EXECUTED BUT INSTEAD A DIFFERENT TRANSACTION WAS PLACED BY THE INVESTMENT CONSULTANT.

$13,764.25

$10,000.00

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.

Decision & Order of Offer of Settlement

Monetary/Fine

$1,000.00

Censure

Suspension

THE 5 DAY SUSPENSION & 1000 FINE RESULTED FROM AN INVESTIGATION THE NASD STARTED SEVEN YEARS AFTER SAID TRANSGRESSIONS WERE TO HAVE TAKEN PLACE. I HAVE, UNDER OATH, DENIED THE ALLEGATIONS. THE REASON I OFFERED TO SETTLE THE CASE WAS I HAD AN OPPORTUNITY TO CHANGE MY EMPLOYMENT FROM RAF FINANCIAL TO KIRKPATRICK PETTIS. I WANTED TO SETTLE TO SPEED UP THE PROCESS OF A CAREER CHANGE. HAD I NOT HAD THE OPPORTUNITY TO CHANGE I WOULD HAVE TAKEN THE CASE TO A HEARING.

MISREPRESENTATION; BREACH OF FIDUCIARY DTY;ACCOUNT-RELATED NEGLIGENCE. REQUESTED RELIEF:ACTUAL/COMPENSATORY DAMAGES $73,130.50; PUNITIVE/ EXEMPLARY DAMAGES $50,000.00.

$73,130.50

$25,000.00

CASE CLOSED; SETTLED/OTHER. IT SHOULD BE NOTED THAT ANY SETTLEMENT PAID TO [CUSTOMER] WAS PAID IN FULL BY MY FORMER EMPLOYER, PAINE WEBBER INC. MR. KELLY WAS NOT REQUIRED TO CONTRIBUTE ANY FUNDS TO THE SETTLEMENT. NOT PROVIDED