CUSTOMER ALLEGES THAT THE REPRESENTATIVE WAS NEGLIGENT AS THE REPRESENTATIVE DID NOT PLACE THE CUSTOMER'S VARIABLE UNIVERSAL LIFE POLICY UNDER ACTIVE MANAGEMENT AS WAS INTENDED AT THE TIME OF PURCHASE.

$10,000.00

$2,000.00

LACKING CONCLUSIVE FACTS, THE FIRM STILL ACTED IN THE BEST INTEREST OF THEIR CUSTOMER AND REACHED AN AMICABLE AGREEMENT WHICH SETTLED THE CUSTOMER'S COMPLAINT. THE FIRM'S FINDINGS IN THIS MATTER DID NOT WARRANT A CONTRIBUTION FROM THE REGISTERED REPRESENTATIVE; THEREFORE, HE WAS NOT ASKED TO PARTICIPATE IN THE SETTLEMENT OF THE COMPLAINT.

CUSTOMER ALLEGES THAT THE REPRESENTATIVE WAS NEGLIGENT AS THE REPRESENTATIVE DID NOT PLACE THE CUSTOMER'S VARIABLE UNIVERSAL LIFE POLICY UNDER ACTIVE MANAGEMENT AS WAS INTENDED AT THE TIME OF PURCHASE.

$10,000.00

$2,000.00

LACKING CONCLUSIVE FACTS, THE FIRM STILL ACTED IN THE BEST INTEREST OF THEIR CUSTOMER AND REACHED AN AMICABLE AGREEMENT WHICH SETTLED THE CUSTOMER'S COMPLAINT. THE FIRM'S FINDINGS IN THIS MATTER DID NOT WARRANT A CONTRIBUTION FROM THE REGISTERED REPRESENTATIVE; THEREFORE, HE WAS NOT ASKED TO PARTICIPATE IN THE SETTLEMENT OF THE COMPLAINT.

CLIENT ALLEGES THAT SUBACCOUNT ALLOCATIONS WERE NOT APPROPRIATE FOR A VARIABLE UNIVERSAL LIFE INSURANCE POLICY ISSUED ON 09/28/2000. CLIENT ALSO ALLEGES THAT SHE WAS NOT GIVEN A PROSPECTUS OR ILLUSTRATIONS AND THAT EXPENSES WERE MORE THAN THE REGISTERED REPRESENTATIVE INDICATED AT THE SALES PRESENTATION FOR THIS SAME VARIABLE UNIVERSAL LIFE INSURANCE POLICY.

$135,972.22

DISMISSED