UBS FINANCIAL SERVICES, INC.

Discharged

DISCHARGED AFTER FIRM CONCLUDED THAT EMPLOYEE'S INAPPROPRIATE BEHAVIOR AND HIS CONDUCT DURING THE RELATED INVESTIGATION VIOLATED THE FIRM'S PROFESSIONAL CONDUCT AND ANTI-HARASSMENT, ANTI-BULLYING, NON-DISCRIMINATION POLICIES.

CUSTOMER MADE AN ORAL COMPLAINT ALLEGING THAT FINANCIAL ADVISOR PURCHASED SECURITIES IN CUSTOMER'S ACCOUNT, WITHOUT CUSTOMER'S PERMISSION. NO SPECIFIC AMOUNT OF COMPENSATORY DAMAGES WAS ALLEGED.

$20,000.00

IN ORDER TO AVOID THE COSTS AND UNCERTAINTIES OF LITIGATION, MERRILL LYNCH MADE A BUSINESS DECISION TO SETTLE THE MATTER. "I WAS NOT ASKED TO NOR DID I PARTICIPATE IN THE SETTLEMENT. THE POTENTIAL RISKS AND RETURNS WERE THOROUGHLY DISCUSSED WITH THE CLIENT. HE SIGNED ALL APPROPRIATE DOCUMENTS WHEN THE ACCOUNT WAS OPENED. HE WAS AWARE OF AND APPROVED OF ALL ACCOUNT POSITIONS."