CLIENT PURCHASED $90,000 DIVIDEND CAPITAL IN JUNE 2008. WITH CLIENT'S PERMISSION, DAUGHTER HAS STATED THAT HER FATHER DID NOT MEET THE SUITABILITY REQUIREMENTS AND THAT TOO MUCH OF HIS LIQUID NET WORTH WAS INVESTED INTO THIS PRODUCT. (6/25/08)

$34,190.00

$21,500.00

AS A BUSINESS DECISION, AND WITHOUT ADMITTING ANY LIABILITY ON THE PART OF THE FIRM, THE MATTER WAS SETTLED FOR $21,500.

CLAIMANT ALLEGES THAT UNSUITABLE INVESTMENT RECOMMENDATIONS WERE MADE IN OR ABOUT NOVEMBER 2008.

$28,000.00

WITHOUT ADMITTING ANY LIABILITY AND IN ORDER TO AVOID THE COSTS AND UNCERTAINTY OF FURTHER LITIGATION, THIS MATTER WAS SETTLED FOR THE SUM OF $28,000.00, OF WHICH, WELLS FARGO ADVISORS, LLC IS RESPONSIBLE FOR PAYING $28,000.00.

CLIENT STATES WHEN SHE AGREED TO BUY THE VARIABLE ANNUITY SHE THOUGHT IT HAD A ONE YEAR HOLDING PERIOD, HAS SINCE FOUND OUT THE HOLDING PERIOD IS SEVEN YEARS AND IS NOT COMFORTABLE WITH THE ANNUITY. ACTIVITY DATE IS 11/29/10. DAMAGES UNSTATED BUT ESTIMATED TO BE IN EXCESS OF $5,000.00.

THE CLIENT WAS FULLY AWARE OF THE TERMS OF THE ANNUITY, SHE SIGNED THE ANNUITY DISCLOSURE FORM AND SHE INITIALED NEXT TO THE CDSC SCHEDULE ON THE DISCLOSURE FORM. FURTHERMORE, THE ANNUITY WAS SUITABLE BASED ON THE CLIENT'S PROFILE, RISK TOLERANCE AND INVESTMENT OBJECTIVES. THE CLIENT HAS ADEQUATE LIQUIDITY OUTSIDE THE ANNUITY AND SHE ONLY TAKES RMD WITHDRAWALS FROM THE ANNUITY.

CLIENT ALLEGES THE FINANCIAL CONSULTANT PROVIDED INCORRECT INFORMATION REGARDING THE CLIENTS STOCK. AS A RESULT OF THE MISINFORMATION, THE CLIENT HELD HIS STOCK POSITION TOO LONG AND EVENTUALLY LOST MONEY WHEN HE SOLD ON FEBRUARY 6, 2003.

$26,425.81