VERBAL COMPLAINT RECEIVED 8/15/12, ALLEGES MISREPRESENTATION OF THE RISKS OF THE RMK FUNDS AND UNSUITABILITY OF FUNDS PURCHASED 6/24/03 - 1/19/06.

$5,000.00

$33,865.00

CLAIM SETTLED BY IN-HOUSE COUNSEL FOR $33,865.00 ON 12/26/2012.

CLAIM ALLEGES UNSUITABILITY WITH REGARD TO MUTUAL FUNDS PURCHASED BETWEEN 2002 AND 2007.

$165,000.00

$75,000.00

CLAIM ALLEGES UNSUITABILITY WITH REGARD TO MUTUAL FUNDS PURCHASED BETWEEN 2004 AND 2006.

$45,000.00

CLAIM ALLEGES MISREPRESENTATION AND UNSUITABILITY WITH REGARD TO MUTUAL FUNDS PURCHASED IN 2006.

$461,727.00

$60,000.00

CLAIM ALLEGES MISREPRESENTATION AND UNSUITABILITY WITH REGARD TO MUTUAL FUNDS PURCHASED IN 2006.

$128,050.00

$60,000.00

CLAIM ALLEGES MISREPRESENTATION AND UNSUITABILITY WITH REGARD TO MUTUAL FUNDS PURCHASED IN 3/04.

$167,000.00

$83,500.00

NEW YORK STOCK EXCHANGE

SEE RESULTS

Decision

Censure

Suspension

LYNN T. SHAW, FORMER REGISTERED REPRESENTATIVE WITH PRUDENTIAL- BACHE SECURITIES,INC., ENGAGED IN CONDUCT INCONSISTENT WITH JUST AND EQUITABLE PRINCIPLES OF TRADE IN THAT HE ENTERED TRANSACTIONS IN A CUSTOMER'S ACCOUNT WHICH WERE UNSUITABLE IN LIGHT OF THE CUSTOMER'S INVESTMENT OBJECTIVES, KNOWLEDGE,AND EXPERIENCE AND CIRCUMVENTED HIS MEMBER ORGANIZATION EMOLYER'S PROCEDURES FOR TRADING IN A RISK ARBITRAGE PROGRAM; AND VIOLATED EXCHANGE RULE 408(A) BY ENTERING DISCRETIONARY TRADES IN A CUSTOMER'S ACCOUNT WITHOUT WRITTEN AUTHORIZATION FROM THE CUSTOMER---CENSURE AND ONE MONTH SUSPENSION

FOUND TO HAVE ENGAGED IN UNSUITABLE TRANSACTIONS, CIRCUMVENTING FIRM PROCEDURES AND ENTERING DISCRETIONARY TRADES WITHOUT WRITTEN AUTHORIZATION. FOUND NOT GUILTY OF UNAUTHORIZED TRANSACTIONS, MATERIAL MISSTATEMENTS AND FAILURE TO FOLLOW INSTRUCTIONS.

ALLEGED UNSUITABLE TRANSACTIONS AND EXCESSIVE TRADING.

$67,876.00

$67,876.00

PRU-BACHE SETTLED [CUSTOMER]'S CLAIM FOR 67,876.00. MR. SHAW VEHEMENTLY DENIED PRU-BACHE'S ALLEGATIONS. THE CASE OF [CUSTOMER] WAS SETTLED IN THE SPRING OF 1988 WITHOUT THE KNOWLEDGE OR CONSENT OF MR. SHAW.