Claimants allege unsuitable investments, overconcentration, misrepresentations and omissions of material information and failure to supervise in reference to variable annuities. February-July 2013.

$1,000,000.00

Claimants allege, inter alia, unsuitability with respect to investments - 2015-2017

$12,500.00

CLIENT AND HIS ATTORNEY ALLEGE UNSUITABILITY WITH RESPECT TO PURCHASE OF STRUCTURED PRODUCTS - MARCH 2016 - AUGUST 2016.

$37,170.40

$13,604.00

Client alleges unsuitability, inter alia, with respect to investments October 2013 - December 2017. Damages unspecified.

FINRA

Without admitting or denying the findings, Ralby consented to the sanction and to the entry of findings that he refused to appear for a FINRA on-the-record testimony in connection with its investigation into whether Ralby had accepted loans from a customer in violation of FINRA rules.

Acceptance, Waiver & Consent(AWC)

Bar (Permanent)

All capacities

Indefinite

3/5/2018

CLIENT ALLEGES UNSUITABILITY, INTER ALIA, WITH RESPECT TO INVESTMENTS - JULY 2016 - JANUARY 2017. DAMAGES UNSPECIFIED.

CLIENT ALLEGES UNAUTHORIZED TRADING, ITER ALIA, JULY 2013 - DECEMBER 2016. DAMAGES UNSPECIFIED.

$35,450.00

PLANTIFFS ALLEGE CIVIL CONSPIRACY AND WILLFULL STATUTORY VIOLATION OF FLORIDA STATUTES SECTION 627.4137. ALLEGED COMPENSATORY DAMAGE AMOUNT IS UNDETERMINED.

$2,205,748.73

THIS MATTER ARISES OUT OF A BITTER ESTATE BATTLE BETWEEN THE NATURAL CHILDREN OF A FORMER CUSTOMER OF MR. RALBY'S WHO IS NOW DECEASED AND THAT CUSTOMER'S SECOND WIFE. THE NATURAL CHILDREN, WHO WERE NEVER CUSTOMERS OF MR. RALBY AND TO WHOM HE OWED NO FIDUCIARY OR OTHER DUTY OF CARE, FILED THIS ACTION CHALLENGING CERTAIN PRE-DEATH TRANSFERS MADE BY THE DECEDENT THAT WERE MADE FOR THE BENEFIT OF THE SECOND WIFE. MR. RALBY IS NOT ALLEGED TO HAVE BENEFITED IN ANY WAY FROM THE TRANSFERS. MR. RALBY SECURED THE DISMISSAL OF THE FIRST AMENDED COMPLAINT AND IS SEEKING THE DISMISSAL OF THE SECOND AMENDED COMPLAINT AND EXPUNGEMENT.

CUSTOMER ALLEGES BEING MISLED REGARDING THE RISK LEVEL OF HIS PURCHASE OF THE STANFORD INTERNATIONAL BANK CD.

$587,698.00

THE COMPLAINT WAS FILED IN ERROR BY THE CUSTOMER WHO INDICATED THAT IT WAS A MISTAKE AND THAT NO CLAIM WAS INTENDED TO BE ASSERTED AGAINST FA. FA WILL BE SEEKING EXPUNGEMENT WITH THE COOPERATION OF THE CUSTOMER.

RALPH S. JANVEY, RECEIVER

RALBY IS ALLEGED TO HAVE RECEIVED FINANCIAL REMUNERATION FROM STANFORD

THIS ACTION DOES NOT INVOLVE A CUSTOMER COMPLAINT. THE STANFORD RECEIVER SEEKS TO RECOVER COMPENSATION PAID TO FORMER STANFORD FINANICAL ADVISORS.

CUSTOMER ALLEGES BEING MISLED REGARDING THE RISK LEVEL OF HIS PURCHASE OF THE STANFORD INTERNATIONAL BANK CD.

$728,419.00

THE COMPLAINT WAS FILED IN ERROR BY THE CUSTOMER WHO INDICATED THAT IT WAS A MISTAKE AND THAT NO CLAIM WAS INTENDED TO BE ASSERTED AGAINST FA. FA WILL BE SEEKING EXPUNGEMENT WITH THE COOPERATION OF THE CUSTOMER.

UNSUITABILITY

$30,000.00