OHIO DIVISION OF SECURITIES

THE APPLICANT WAS NOT OF GOOD BUSINESS REPUTE.

Order

Revocation/Expulsion/Denial

ON DECEMBER 29, 2000, THE DIVISION ISSUED A FINAL ORDER TO DENY APPLICATION FOR SECURITIES SALESPERSON LICENSE, DIVISION ORDER NO. 00-495, AGAINST DWIGHT O'CONNOR CAMPBELL. AFTER AN ADMINISTRATIVE HEARING THE DIVISION DETERMINED THAT CAMPBELL WAS NOT OF GOOD BUSINESS REPUTE AS THAT TERM IS DEFINED IN OHIO ADMINISTRATIVE CODE RULE 1301:6-3-19(D)(9) AND OHIO REVISED CODE 1707.19(A)(1).

ON DECEMBER 29, 2000, THE DIVISION ISSUED A FINAL ORDER TO DENY APPLICATION FOR SECURITIES SALESPERSON LICENSE, DIVISION ORDER NO. 00-495, AGAINST DWIGHT O'CONNOR CAMPBELL. AFTER AN ADMINISTRATIVE HEARING THE DIVISION DETERMINED THAT CAMPBELL WAS NOT OF GOOD BUSINESS REPUTE AS THAT TERM IS DEFINED IN OHIO ADMINISTRATIVE CODE RULE 1301:6-3-19(D)(9) AND OHIO REVISED CODE 1707.19(A)(1).

23D5 IS THE ONLY QUESTION THAT APPLIES AS MR. CAMPBELL WAS NEVER REGISTERED IN OHIO WHILE AFFILIATED WITH RAYMOND JAMES FINANCIAL SERVICES. WHEN HIS LICENSES WERE TRANSFERRED FROM HIS PREVIOUS BROKER DEALER, HIS OHIO APPLICATION WAS PENDING UNTIL CHANGED TO TERMED NON-REG. BY THE STATE OF OHIO. IN OTHER WORDS, WE DON'T FEEL THAT 23D(4) WOULD APPLY IN THIS SITUATION BECAUSE ONLY PAST DISCIPLINARY HISTORY WAS REVIEWED IN DETERMINING WHETHER TO ISSUE AN ORDER AGAINST MR. CAMPBELL.

FRAUD & DECEIT, NEGLIGENCE, BREACH OF FIDUCIARY DUTIES, BREACH OF CONTRACT, NEGLIGENT SUPERVISION, FRAUDULENT MARKETING AND MARKET MANIPULATION.

$285,000.00

$46,971.10

DWIGHT CAMPBELL HAS NOT PROVIDED FINANCIAL ADVICE TO THE CLAIMANTS AND WAS NOT THE FINANCIAL ADVISOR OF RECORD. SETTLED: $46,971.10 THIS CASE WAS SETTLED SIMPLY FOR FINANCIAL REASONS, AND SHOULD NOT BE CONSTRUED AS AN ADMITTANCE OF GUILT.

SUITABILITY CLAIMANTS SEEK $100,000 DAMAGES PLUS INCOME COMMISSION GENERATED.

$100,000.00

$20,000.00

DWIGHT CAMPBELL HAD NOT PROVIDED FINANCIAL ADVICE TO THE CLAIMANTS AND WAS NOT THE FINANCIAL ADVISOR OF RECORD. SETTLEMENT: $20,000.00 THIS CLAIM WAS SETTLED SIMPLY FOR FINANCIAL REASONS AND SHOULD NOT BE CONSTRUED AS AN ADMITTANCE OF GUILT.

MISREPRESENTATION, BREACH OF FIDUCIARY DUTY, ACCOUNT-RELATED FAILURE TO SUPERVISE, SUITABILITY.

$90,000.00

$27,500.00

DWIGHT CAMPBELL HAD NOT PROVIDED FINANCIAL ADVICE TO THE CLAIMANTS AND WAS NOT THE FINANCIAL ADVISOR OF RECORD. CASE SETTLED. PARTIES SETTLED THROUGH MEDIATION.

UNSUITABLE INVESTMENTS

$35,000.00

$35,000.00

THE PARTIES IN THIS MATTER REACHED A SETTLEMENT. CLAIMANT HEREBY DISMISSES HIS CLAIMS AGAINST THE BROKER RESPONDENTS, AND WITHDRAWS HIS CLAIMS AGAINST ALL PARTIES IN THIS MATTER. SETTLEMENT $35,000.00. NOT PROVIDED

FRAUD AND MISREPRESENTATION. ALLEGED DAMAGES $113,000.

$113,000.00

$17,500.00

DWIGHT CAMPBELL HAD NOT PROVIDED FINANCIAL ADVICE TO THE CLAIMANTS AND WAS NOT THE FINANCIAL ADVISOR OF RECORD. SETTLED - $17,500 THIS CASE WAS SETTLED SIMPLY FOR FINANCIAL REASONS AND SHOULD NOT BE CONSTRUED AS AN ADMITTANCE OF GUILT.

CLAIMANTS ALLEGED THAT I, AS A PRINCIPAL OF THE FIRM, WAS GUILTY OF THE FOLLOWING: FRAUD AND DECEIT, BREACH OF FIDUCIARY DUTIES, NEGLIGENCE, BREACH OF CONTRACT, NEGLIGENT SUPERVISION, FRAUDULENT MARKETING AND MARKET MANIPULATION. CLAIMANTS SOUGHT $99,000.00 IN DAMAGES.

$90,000.00

$30,000.00

DWIGHT CAMPBELL HAD NOT PROVIDED FINANCIAL ADVICE TO THE CLAIMANTS AND WAS NOT THE FINANCIAL ADVISOR OF RECORD. CLAIMANTS AGREED TO SETTLE FOR $30,000.00 SUM AND TO DISMISS ALL CLAIMS. I DENY ALL ALLEGATIONS.

CONFLICTS OF INTERST, UNFAIR AND DECEPTIVE TRADE PRACTICES ALLEGED DAMAGES $866,131.

$866,131.00

$153,028.90

DWIGHT CAMPBELL WAS WITHDRAWN FROM ARBITRATION PROCEEDING. CAMPBELL HAD NOT PROVIDED FINANCIAL ADVISE TO THE CLAIMANTS AND WAS NOT THE FINANCIAL ADVISOR OF RECORD. SETTLED - $153,028.90 THIS CASE WAS SETTLED SIMPLY FOR FINANCIAL REASONS AND SHOULD NOT BE CONSTRUED AS AN ADMITTANCE OF GUILT. CAMPBELL IS WITHDRAWN FROM ARBITRATION PROCEEDING.