CLAIMANT ALLEGED UNSUITABLE INVESTMENTS; CHURNING; BREACH OF FIDUCIARY DUTY; NEGLIGENCE.

$119,970.00

$20,000.00

A.G. EDWARDS & SONS, INC.

Permitted to Resign

AFTER RECEIVING CORRESPONDENCE FROM CUSTOMERS OF MR. GOLDMAN'S, EDWARDS INITIATED AN INTERNAL REVIEW OF ACTIVITIES IN CERTAIN CLIENTS ACCOUNTS.

Not Provided I WORKED AT AG EDWARDS FOR 8 YEARS FOR 2 DIFFERENT MANAGERS. THEN A NEW MANAGER WAS HIRED. HE & I HAD A CLASH OF STYLES BOTH PERSONALLY AND OVER A FEW CLIENTS WHO LIKED TO INVEST IN SPECULATIVE STOCKS. I CHOSE TO SEEK EMPLOYMENT ELSEWHERE.

CLIENT ALLEGES UNAUTHORIZED TRADING & EXCESSIVE COMMISSIONS. HE WANTED ALL HIS COMMISSIONS BACK EQUALIZING $40,000 OVER 4 1/2 YEARS.

$40,000.00

$10,000.00

NOT PROVIDED *CUSTOMER DESIRED AGRESSIVE TRADING OVER 4 YEAR PERIOD. ALL TRANSACTIONS WERE DISCUSSED AND APPROVED BY CUSTOMER PRIOR TO ENTRY. IN SPITE OF PROFITABLE TRADING CLIENT FILED COMPLAINT LETTER WHICH AG EDWARDS DECLINED TOP ARBITRATE IN OPPOSITION TO BROKERS STRING REQUEST. WHEN I LEFT AG EDWARDS, THEY TOLD ME CLIENT HAD ACCEPTED 10,000 SETTLEMENT, BUT SPEAKING WITH THEM LAST WEEK THEY SAID IT WAS STILL PENDING. (AG EDWARDS)

CLIENT ALLEGES UNSUITABILITY & LOSSES OF 20,000 IN A STOCK DHB CAPITAL CORP

$20,000.00

$10,000.00

SETTLEMENT WAS FOR $10,000 BROKER RECOMMENDED A SMALL INVESTMENT IN SPECULATIVE STOCK. WITHOUT FURTHER S OLICITATION CLIENT MADE SIGNIFICANT ADDITIONAL PURCHASES THROUGH AG EDWARDS & OTHER FIRMS. WHERE STOCK DECLINED CLIENT SOLD AG EDWARDS SETTLED IN SPITE OF BROKERS DESIRE TO ARBITRATE.