CLIENT ALLEGES THAT THE FA SHOULD HAVE RECOMMENDED CONSERVATIVE INVESTMENTS. ALLEGES UNSPECIFIED DAMAGES, BUT DETERMINED TO BE GREATER THAN $5,000.00. (04/21/2006)**ARBITRATION: CLAIMANT ALLEGES THAT INVESTMENT RECOMMENDATIONS MADE IN 2006 WERE MISREPRESENTED AND UNSUITABLE.

$66,225.00

*Correction* Arbitration: An Award was entered granting Claimant compensatory damages of $66,000.00 and fees of $225.00; COMPLAINT DENIED. FA'S RESPONSE: I DENY THE ALLEGATIONS BY THE CLIENT.

CLAIMANTS, RESIDENTS OF PENNSYLVANIA, ALLEGE THAT BETWEEN 2005 AND 2009, FA MADE UNSUITABLE RECOMMENDATIONS OF INVESTMENTS FOR THEIR ACCOUNTS. PART OF THEIR UNSUITABILITY ALLEGATIONS IS THAT THEIR ACCOUNTS CONTAINED AN "OVERCONCENTRATION" IN EQUITIES. CLAIMANTS ARE REQUESTING COMPENSATORY DAMAGES IN EXCESS OF $500,000, IN ADDITION TO TREBLE AND PUNITIVE DAMAGES.

$500,000.00

$75,000.00

WITHOUT ADMITTING ANY LIABILITY, THE FIRM SETTLED THE MATTER ON DECEMBER 07, 2010 FOR $75,000.00 TO AVOID THE EXPENSE AND UNCERTAINTY OF ARBITRATION. **FA'S RESPONSE: I CONTINUE TO DENY ANY ALLEGATION OF WRONGDOING, CLAIMANT OBTAINED HIS SHARES OF WACHOVIA STOCK PRIOR TO BECOMING MY CLIENT AND AT THE TIME HE WAS MY CLIENT, PURSUANT TO INTERNAL POLICY I WAS NOT PERMITTED TO SOLICIT ANY ORDERS IN THE WACHOVIA STOCKS. I DID, HOWEVER, SUGGEST THAT CLAIMANT DIVERSIFY HIS PORTFOLIO.

CLIENT ALLEGES ADVISOR MADE MISREPRESENTATIONS IN RECOMMENDING THE OPPENHEIMER FLOATING RATE FUND. (04/03/2007)

$38,569.00

COMPLAINT DENIED