Lawsuit against entities and individuals involved with DBSI investments.

$2,160,495.18

$200,000.00

Mr. Anderson retained his own legal counsel in the [REDACTED] arbitration. Mr. Anderson filed a motion to dismiss under FINRA Rule 12504(a) on the grounds that he was not associated with the accounts, the securities or the conduct at issue. Shortly before the motion was heard by the panel, the Claimant settled with Mr. Anderson for the nominal sum of $2,500. The settlement was reported to FINRA and FINRA sent correspondence to all parties' counsel confirming Mr. Anderson was dismissed from the case as of November 7, 2016. The later settlement made by Capital Financial Services, Inc. and the other respondents on or about December 23, 2016 was made without Mr. Anderson's input or any contribution from Mr. Anderson.