CLIENT ALLEGED RISKS WERE NOT DISCLOSED, MISREPRESENTATIONS WERE MADE, AND SECURITIES WERE UNSUITABLE. CLAIMED LOSS OF APPROXIMATELY $127,000.

$127,000.00

$50,000.00

JURY FOUND IN FAVOR OF THE PLAINTIFF AND AWARDED THE CLIENT APPROXIMATELY $1,000,000. AN APPEAL WAS SUBSEQUENTLY FILED, BUT IN LIEU OF THE APPEAL PROCEEDING THE CUSTOMER CHOSE TO SETTLE FOR $50,000. CLIENT INITIATED PROCEEDING IN MAY 1993-CASE WENT TO TRIAL IN JANUARY 1995-JURY FOUND IN FAVOR OF THE PLAINTIFF-AN APPEAL WAS FILED TO REVERSE AND DISMISS AWARD AS WELL AS TO HAVE EVIDENCE PROPERLY EVALUATED-BEFORE APPEAL COULD GO BEFORE THE COURT THE CLIENT CHOSE TO SETTLE FOR $50,000- APPLICANT DENIES ANY WRONGDOING AS STATED IN THE SETTLEMENT AND CONTENDS EVIDENCE DOES NOT SUPPORT PLAINTIFF'S CASE OR AWARD HOWEVER SETTLEMENT OPTION WAS IN APPLICANTS BEST INTEREST FROM AN ECONOMIC STANDPOINT IN LIEU OF THE EXPENSE OF THE APPEAL.