CLIENT GENERAL ALLEGATIONS ARE THAT BECKER "RECOMMENDED THE PURCHASE AND SALE OF SECURITIES THAT WERE NOT SUITABLE." AND "HE CHURNED THE ACCOUNT. HE MADE PURCHASES AND SALES IN THE ACCOUNT WHICH COULD ONLY HAVE AS THEIR PURPOSE THE GENERATION OF COMMISSIONS." IN HIS STATEMENT OF CLAIM CLIENT ALLEGES THE FOLLOWING CAUSES OF ACTION: VIOLATION OF FLORIDA SECURITIES ACT, COMMON LAW FRAUD, BREACH OF FIDUCIARY DUTY, NEGLIGENCE AND FAILURE TO SUPERVISE, AND BREACH OF CONTACT.

$450,000.00

$20,000.00

CLIENT ALLEGES IN THE STATEMENT OF CLAIM, THAT SHE TOLD THE BROKER TO OPEN AN IRA ACCOUNT BUT A PERSONAL ACCOUNT WAS OPENED IN ERROR. CLIENT ALLEGES THIS FAILURE TO FOLLOW INSTRUCTIONS WOULD CAUSE HER TO INCUR STATE AND FEDERAL TAX LIABILITY AND PENALTIES OF $35,000.00 TO $45,000.00.

$45,000.00

$21,749.92

THE CLIENT WAS MISTAKEN AND PUT MONEY INTO A NON QUALIFIED ACCOUNT. AFTER 7 MONTHS SHE WANTED TO SWITCH THE FUNDS INTO AN IRA ROLLOVER ACCOUNT. OF COURSE, YOU ONLY HAVE 60 DAYS.

CLIENTS, THROUGH THEIR COUNSEL, ALLEGE THAT FA PURCHASED INAPPROPRIATE INVESTMENTS FOR THEIR ACCOUNT; THAT IN SOME INSTANCES TRADES WERE UNAUTHORIZED AND THAT THEY DID NOT UNDERSTAND MARGIN AND THAT IT WAS UNSUITABLE. TIME PERIOD UNSPECIFIED. DAMAGES ARE ESTIMATED AT $300,000.

$200,000.00