CLAIMANTS ALLEGE THAT JONES FAILED TO SET UP A BROKERAGE ACCOUNT AS JOINT TENANTS WITH RIGHT OF SURVIVORSHIP PER THEIR REQUEST, AND INSTEAD SET UP THE ACCOUNT AS A JOINT ACCOUNT WITH NO RIGHTS OF SURVIVORSHIP. BASED ON THEIR ALLEGED MISUNDERSTANDING, CLAIMANTS WITHDREW MONEY FROM THE ACCOUNT. IN A SEPARATE COURT ACTION, THE COURT DIRECTED CLAIMANTS TO PAY BACK THE AMOUNT WITHDRAWN. CLAIMANTS NOW SEEK TO HAVE JONES AND THE FA PAY THEM THE AMOUNT CLAIMANTS WERE ORDERED TO RETURN TO THE ACCOUNT.

$105,000.00

$25,000.00

SETTLED FOR $25,000.

RESPONDENT MONTAUK SECURITIES, ET AL. ASSERTS A THIRD PARTY CLAIM AGAINST EDWARD JONES AND ITS BROKER MARK MCLAMB AS PART OF ITS ANSWER. THE UNDERLYING CLAIM IS THAT THE CLAIMANTS SOLD REAL ESTATE IN LATE 2006 AND IN 2007 PURCHASED A REG. D PRIVATE PLACEMENT FROM RESPONDENT MONTAUK AS PART OF A 1031 EXCHANGE, RECOMMENDED BY EDWARD JONES BROKER MCLAMB AND ATTORNEYS TO WHOM HE HAD REFERRED THE CLAIMANTS. (AMOUNT CLAIMED: AMOUNT NOT SPECIFIED BUT RESPONDENTS SEEK INDEMNIFICATION, CONTRIBUTION, AND COSTS FROM EDWARD JONES AND MCLAMB.)

$100,000.00

THIS ARBITRATION SETTLED FOR $2.1 MILLION, EDWARD JONES, AS THIRD PARTY DEFENDANT, PAID $100,000.