IT IS ALLEGED THAT MR. BECK IN HIS CAPACITY AS AN INVESTMENT ADVISORY REPRESENTATIVE FOR HIS RIA FIRM REFERRED THE CLIENTS TO ROBERT LOEST AND IPS ADVISORY, INC. FOR MANAGED ACCOUNT SERVICES IN 1999. IT IS ALLEGED THAT MR. LOEST AND IPS MANAGED THE ACCOUNT IN A NEGLIGENT AND UNSUITABLE MANNER AND THAT MR. BECK WAS NEGLIGENT IN REFERRING THE BUSINESS.

$10,300,000.00