I WAS NAMED AS A RESULT OF MY SUPERVISORY ROLE. THE OTHER ALLEGATIONS WERE DIRECTED AT THE TWO ACCOUNT EXECUTIVES HANDLING THE [CUSTOMER] ACCOUNT. THESE ALLEGATIONS ALLEGED FEDERAL, STATE AND COMMON LAW SECURITIES, FRAUD, CHURNING AND BREACH OF FIDUCIARY DUTY AND DURESS.

$195,000.00

$79,000.00

THE DECISION WAS FOUND AGAINST R. ROWLAN & CO., INC. IN THE AMOUNT OF $79,000. IN A COUNTER COMPLAINT FILED BY ROWLAND AGAINST THE CUSTOMER, THE AMEX ARBITRATION PANEL FOUND AGAINST THE CUSTOMER IN THE AMOUNT OF $11,193.83 II WAS NAMED AS A DEFENDANT IN THIS ARBITRATION AS A RESULT OF BEING THE BRANCH OFFICE MANAGER OVERSEEING THE REGISTERED REPRESENTATIVES WHO HANDLED THE CUSTOMERS ACCOUNTS. ALSO NAMED IN THE CASE WERE THE TWO REGISTERED REPRESENTATIVES HANDLING THE CUSTOMERS ACCOUNTS, AND ROWLAND'S COMPLIANCE OFFICER AND R. ROWLAND & COMPANY, INC.

I WAS NAMED AS A RESULT OF MY SUPERVISORY ROLE. THE OTHER ALLEGATIONS WERE DIRECTED AT THE TWO ACCOUNT EXECUTIVES HANDLING THE CUSTOMER ACCOUNT. THESE ALLEGATIONS ALLEGED FEDERAL, STATE AND COMMON LAW SECURITIES, FRAUD, CHURNING AND BREACH OF FIDUCIARY DUTY AND DURESS.

$195,000.00

$79,000.00

THE DECISION WAS FOUND AGAINST R. ROWLAN & CO., INC. IN THE AMOUNT OF $79,000. IN A COUNTER COMPLAINT FILED BY ROWLAND AGAINST THE CUSTOMERS, THE AMEX ARBITRATION PANEL FOUND AGAINST THE CUSTOMERS IN THE AMOUNT OF $11,193.83 II WAS NAMED AS A DEFENDANT IN THIS ARBITRATION AS A RESULT OF BEING THE BRANCH OFFICE MANAGER OVERSEEING THE REGISTERED REPRESENTATIVES WHO HANDLED THE CUSTOMERS ACCOUNTS. ALSO NAMED IN THE CASE WERE THE TWO REGISTERED REPRESENTATIVES HANDLING THE CUSTOMERS ACCOUNTS, AND ROWLAND'S COMPLIANCE OFFICER AND R. ROWLAND & COMPANY, INC.