Customer alleges that recommended products were not suitable.

$5,000.00

Client alleges losses in connection with a poor recommendation to sell a direct investment in June 2015.

$48,624.27

$35,000.00

Client had an immediate need for cash and this investment was the only available source. The trustee sent a letter requesting liquidation of the asset which was verbally confirmed by the fund company prior to closing the position. The client was receiving distributions from the investment and incurred no loss as a result of the liquidation. The redemption formula was unclear to the current trustee since he was not the trustee appointed at the time the investment was purchased in 2010. The complaint is without merit.

CLAIMANTS ALLEGE THAT THE TENANT-IN-COMMON INVESTMENT THAT WAS RECOMMENDED AND SOLD WAS UNSUITABLE FOR THEIR INVESTMENT OBJECTIVES AND THAT THE RISK OF THE INVESTMENT WERE NOT FULLY DISCLOSED. THE REPRESENTATIVE HAS NOT BEEN NAMED AS A RESPONDENT IN THE STATEMENT OF CLAIM.

$217,106.73

$130,000.00

CLAIMANTS ALLEGE THAT THEIR ICON LEASING FUND ELEVEN ACCOUNT PURCHASED IN 2006 AND THEIR HARTFORD AND METLIFE VARIABLE ANNUITIES PURCHASED IN 2008 WERE NOT SUITABLE GIVEN THE NATURE AND RISK OF THESE INVESTMENTS.

$350,000.00

$122,500.00

CUSTOMER ALLEGES THAT DANIEL DUNN PERSUADED HER TO BORROW AGAINST HER HOME AND INVEST IN A SPECULATIVE AND UNSUITABLE SECURITY AND INCURRED DAMAGES AS A RESULT OF REFINANCING THE LOAN.

$85,000.00

$45,000.00

THE CLIENT ALLEGES THAT MR DUNN CAUSED HER TO BORROW MONEY AGAINST THE FAMILY HOME AND INVEST THE PROCEEDS IN AN UNSUITABLE INVESTMENT

$20,000.00

$394,576.42

WOODBURY FINANCIAL SERVICES HAS INDEPENDENTLY SETTLED THIS MATTER WITH THE CLIENT WITH THE REPURCHASE OF THE ORIGINAL INVESTMENT.