The Claimant alleges that the recommendation of one investment product did not meet with the customer's needs and objectives, and that full disclosure regarding the investment and its features was not made.

$47,500.00

I was not a named respondent in the matter, and I deny all allegations made against me. The claimant is a sophisticated investor with experience investing in illiquid, alternative investments. I provided the claimant with all relevant risk disclosures and the investment was approved by the firm. Said investment was suitable for the claimant and was a very small portion of his net worth. The firm settled with the claimant without my involvement. I was not asked to, nor did, I contribute to the settlement.