UNSUITABILITY, BREACH OF FIDUCIARY DUTY, COMMON LAW FRAUD, BREACH OF CONTRACT, INCIDENT DATES 2006 THROUGH 2011

$51,000.00

$12,500.00

REPRESENTATIVE COMMENTS: I BELIEVE THAT THE CONTENTIONS OF [CUSTOMER] ARE WITHOUT MERIT AND THAT THE MONETARY SETTLEMENT PAID BY MY FORMER EMPLOYER WAS DONE SO AS TO RESOLVE THE CASE WITH LITTLE EXPENDITURE OF TIME AND RESOURCES. I DO NOT AGREE WITH THE OUTCOME BUT WAS NOT ASKED TO PARTICIPATE IN THE SETTLEMENT NOR DID I PROVIDE ANY STATEMENT TO RAYMOND JAMES DURING THEIR INVESTIGATION. FIRM COMMENTS: WINSLOW, EVANS & CROCKER, INC. WAS NOT NAMED IN THE ARBITRATION. ACTIVITY IN QUESTION REFERS TO THE PERIOD OF TIME PRIOR TO MR. DEVILLIER'S REGISTRATION WITH WINSLOW, EVANS & CROCKER, INC. MR. DEVILLIER WAS NOT A NAMED RESPONDENT TO THE ARBITRATION. SETTLEMENT DETAILS ARE FILED BASED ON THE U5 AMENDMENT FILED BY RAYMOND JAMES AND ASSOCIATES.

RAYMOND JAMES & ASSOCIATES, INC.

Discharged

VIOLATION OF COMPANY/INDUSTRY REGULATIONS - FOLLOWING A REVIEW OF THE FINANCIAL ADVISOR'S BUSINESS PRACTICES, THE FIRM LOST CONFIDENCE IN THE ADVISOR'S ABILITY TO PERFORM AND TO COMPLY WITH FIRM RULES AND REGULATIONS REGARDING TRADING PRACTICES, SPECIFICALLY WITH RESPECT TO UNAUTHORIZED TRADING.

CUSTOMER ALLEGES, INTER ALIA, MISAPPROPRIATION OF FUNDS, UNAUTHORIZED TRANSACTIONS, AND UNSUITABLE MARGIN USE IN HIS ACCOUNT FROM 1997 UNTIL THE PRESENT. DAMAGES NOW SPECIFIED - OVER $5,500.

$360,000.00

$135,000.00

THE ALLEGATIONS ARE NOT TRUE AND WITHOUT MERIT.

FAILURE TO EXECUTE TRADES IN A TIMELY MANNER, UNAUTHORIZED PURCHASE OF STOCK, NEGLIGENCE REGARING RECOMMENDATION OF OUTSIDE MONEY MANAGER AND OVER CONCENTRATION, FAILURE TO CONSIDER TAX CONSEQUENCES OF ADVICE FROM MARCH 2000.

$130,000.00

CLIENT ALLEGES THAT FINANCIAL ADVISOR MADE UNSUITABLE RECOMMENDATIONS. ALLEGED COMPENSATORY DAMAGE AMOUNT IS UNSPECIFIED. GOOD FAITH ESTIMATE OF OVER $5,000.00.

2001 BRIDGE FINANCING

$5,000.00

$75,000.00

THE INFORMATION WAS PROVIDED VOLUNTARILY TO MY CURRENT EMPLOYER AND RELATES TO A COMPLAINT MADE WHILE EMPLOYED WITH MORGAN STANLEY. AS OUTLINED BELOW, I WAS INSTRUCTED BY THE BRANCH MANGER AT M.S WHO WAS ALSO THE MANAGER AT RAYMOND JAMES THAT THE EVENT DID NOT REQUIRE DISCLOSURE ON MY U4.SUBSEQUENTLY, THE SAME INDIVIDUAL INFORMED ME THAT IT WAS NOT REPORTABLE WHEN I WAS HIRED BY RAYMOND JAMES. THE INCIDENT WAS, ACCORDING TO INFORMATION PROVIDED TO ME BY THE BRANCH MANAGER, REPORTED WITHIN THE COMPANY BUT NOT FILED OR REPORTED TO THE REGULATORY AGENCIES. I WAS NOT PROVIDED WITH ANY OPPORTUNITY TO RESPOND WHILE EMPLOYED WITH M.S AND DID NOT DISCUSS THE MATTER OUTSIDE OF LOCAL BRANCH MANAGEMENT (SPRINGFIELD MA). A SETTLEMENT ARRANGEMENT WAS PROVIDED TO ME BY THE BRANCH MANAGER WITHOUT ANY DISCUSSION OR LEGAL COUNSEL.THE BRANCH MANGER INSTRUCTED ME TO SECURE THE FUNDS BY ANY MEANS NECESSARY. I DID IN FACT BORROW FUNDS FROM MY 401K AND REPAY THEM BACK IN FULL OVER TIME. I WAS NOT PROVIDED WITH ANY NOTIFACATION FROM MORGAN STANLEY CORPORATE COMPLIANCE. I DO NOT HAVE ANY RECORDS RELATED TO THIS EVENT IN MY POSSESION.

CLIENT ALLEGED FINANCIAL ADVISOR TRADED IN HIS ACCOUNT WITHOUT HIS AUTHORIZATION.

$38,000.00