$51,926.59

Civil

Claimant contends that Mr. Kartoon failed to sell a closed-end fund that Claimant purchased on an unsolicited basis when it had declined by a certain amount.

$114,142.01

$4,000.00

Mr. Kartoon denies that Claimant provided him any specific instruction to place a stop loss or stop limit order or to otherwise sell Claimant's investment in this closed-end fund, which Mr. Kartoon did not recommend.

ATTORNEY FOR CA RESIDENT WRITES THAT FA WAS INSTRUCTED TO PLACE FUNDS IN MONEY MARKET ACCOUNT, NOT ARPS. BOUGHT $1,000,000 OF ARPS ON 2/12/08.

$5,000.00

$475,000.00

THIS MATTER INVOLVES THE SALE OF AUCTION RATE SECURITIES (ARS). THE TRANSACTION(S) AT ISSUE TOOK PLACE BEFORE MID-FEBRUARY 2008, WHEN THE ARS MARKET SUFFERED WIDESPREAD AUCTION FAILURES AND ILLIQUIDITY. THE FINANCIAL ADVISOR DID NOT CAUSE, CONTRIBUTE OR HAVE ANY CONTROL WHATSOEVER OVER THESE MARKET EVENTS. THE FIRM REACHED AGREEMENT WITH CERTAIN OF ITS REGULATORS, PURSUANT TO WHICH IT REPURCHASED ARS FOR THEIR FULL PAR VALUE FROM CERTAIN CLIENTS, INCLUDING THE INSTANT CLIENT, WHETHER THEY COMPLAINED OR NOT. THE FINANCIAL ADVISOR WAS NOT A PARTY TO THAT AGREEMENT, DID NOT MAKE ANY PAYMENTS TO THE CLIENT, AND WAS NOT ASKED TO AND DID NOT CONTRIBUTE TO THE REPURCHASE AMOUNT. THE SETTLEMENT AMOUNT IN ITEM 11 ABOVE REFLECTS THE PAR VALUE OF THE REPURCHASED ARS, AS REQUIRED BY FINRA REGULATORY NOTICE 09-12.

CA RESIDENT WRITES THAT HE WAS TOLD HIS AUCTION RATE PREFERRED SECURITIES WOULD HAVE GUARANTEED RETURN OF PRINCIPAL ON A WEEKLY BASIS. (9/14/07-1/8/08)

$5,000.00

$250,000.00

THIS MATTER INVOLVES THE SALE OF AUCTION RATE SECURITIES (ARS). THE TRANSACTION(S) AT ISSUE TOOK PLACE BEFORE MID-FEBRUARY 2008, WHEN THE ARS MARKET SUFFERED WIDESPREAD AUCTION FAILURES AND ILLIQUIDITY. THE FINANCIAL ADVISOR DID NOT CAUSE, CONTRIBUTE OR HAVE ANY CONTROL WHATSOEVER OVER THESE MARKET EVENTS. THE FIRM REACHED AGREEMENT WITH CERTAIN OF ITS REGULATORS, PURSUANT TO WHICH IT REPURCHASED ARS FOR THEIR FULL PAR VALUE FROM CERTAIN CLIENTS, INCLUDING THE INSTANT CLIENT, WHETHER THEY COMPLAINED OR NOT. THE FINANCIAL ADVISOR WAS NOT A PARTY TO THAT AGREEMENT, DID NOT MAKE ANY PAYMENTS TO THE CLIENT, AND WAS NOT ASKED TO AND DID NOT CONTRIBUTE TO THE REPURCHASE AMOUNT. THE SETTLEMENT AMOUNT IN ITEM 11 ABOVE REFLECTS THE PAR VALUE OF THE REPURCHASED ARS, AS REQUIRED BY FINRA REGULATORY NOTICE 09-12.

CLAIMANT ALLEGES THAT DURING 5/00-11/00, THE BROKER APPROVED AND RECOMMENDED UNSUITABLE OPTIONS TRADING AND SPECULATIVE TECHNOLOGY STOCKS. CALIMANTS ALSO ALLEGE THAT THE BROKER FAILED TO PROPERLLY ALLOCATE CAPITAL INTO INCOME PRODUCING SECURITIES. ADDITIONAL ALLEGATIONS INCLUDE EXCESSIVE TRADING, BREACH OF FIDUCIARY DUTY, NEGLIGENCE SUPERVISION.

$690,000.00

$262,500.00

THIS MATTER WAS SETTLED BY SALOMON SMITH BARNEY.

CLAIMANT ALLEGES THAT DURING 3/00-12/00, THE BROKER RECOMMENDED TRADING OPTIONS AND RELATED SPECULATIVE SECURITIES AS A PRIMARY METHOD OF GENERATING INCOME AND ILLEGALLY ACCEPTED ORDERS FROM CLAIMANT'S HUSBAND. ADDITIONAL ALLEGATIONS INCLUDE EXCESSIVE TRADING, BREACH OF FIDUCIARY DUTY, NEGLIGENCE AND NEGLIGENT SUPERVISION.

$658,000.00

$262,500.00

THE MATTER WAS SETTLED BY SALOMON SMITH BARNEY.

THE CLIENT ALLEGED MISREPRESENTATION AND UNSUITABILITY (MUTUAL FUNDS). DAMAGES WERE UNSPECIFIED.

$13,599.00

THE CLAIM WAS SETTLED FOR $13,599. THE FC DID NOT CONTRIBUTE TO THE SETTLEMENT. NO OPTIONS OR COMMIDITES INOVLVED. CONTACT: [BROKER DEALER CONTACT PERSON] (212) 723-4121

UNSUITABLILITY

$36,604.45

OPPENHEIMER SETTLED THIS MATTER FOR $36,604.45 IN LIEU OF LITIGATION EXPENSES. I DID NOT CONTRIBUTE TO THE SETTLEMENT OPPENHEIMER MARKERTED A "AAA" RATED FNMA CMO WITH AN AVERAGE LIFE OF 1.1 YEARS, AND THIS IS WHAT CUSTOMER PURCHASED. THE FEDERAL RESERVED CHANGED ITS POLICY AND STARTED TO RAISE INTEREST RATES. THE FED CONTINUED TO RAISE INTEREST RATES SEVEN TIMES OVER THE NEXT YEAR WHICH CAUSED THIS CMO TO REPAY THE PRINCIPAL AT A SIGNIFICANTLY SLOWER RATE. THAT IS THE REASON ON WHICH THIS COMPLAINT IS BASED. OPPENHEIMER HAS SETTLED THIS COMPLAINT WITHOUT INVOLVING ME AS THE BROKER.