FINRA – 2012

Case No.
Date(s) of Filing
Date Completed
Outcome
Claimants
Respondents
Location
Claimant Representation
Respondent Attorney
Claims
Investment Type
Damages Requested
Damages Received
Other Requests
Presiding Chairperson
Other Arbitrators
Panel Type
Case No. Date(s) of Filing Date Completed Outcome Claimants Respondents Location Claimant Representation Respondent Attorney Claims Investment Type Damages Requested Damages Received Other Requests Presiding Chairperson Other Arbitrators Panel Type
08-02235 07/07/08 01/11/12 Claims dismissed Northgate Minerals Corporation Lars P. Jacobson; Ryan Grashow; Roland Hansalik; Lehman Brothers Inc. Seattle, Washington Eric R. Levine, Esq. Philip E. Cook, Esq. Breach of contract; Breach of fiduciary duty; Unsuitability; Unauthorized purchases; Violation of Section 10(b) of the Securities Exchange Act and Rule 10b-5 promulgated thereunder; Fraudulent misrepresentation and omissions; Conversion; Negligence; Gross Negligence; Failure to supervise; Recission; Declaratory judgment Auction rate and private placement securities $72,600,000.00 (compensatory); $290,400,000.00 (punitive) $600.00 (reimbursement) Discharge of any responsibility to make payments for any credit extentions; discharge of any obligations arising from loans received from Lehman Brothers; Interest; Attorneys’ fees; Costs Peter L. Sill (P) Mark Harris Adams (P); Robert W. Pillitteri (NP) Mixed
08-04498 11/24/08 01/04/12 Claims settled; Claims dismissed; In favor of Respondent Judith Rutherford Merrill Lynch, Pierce, Fenner, & Smith Incorporated; Andrew Anagnostou San Francisco, California Pro Se Kenneth C. Mennemeier, Esq. Conversion; Fraud; Violation of Section 10(b) of the 1934 Act, Section 12(2) of the 1933 Act, the California Corporations Code § 25400 and FINRA Conduct Rule 2120; Overtrading and excessive commissions; Unsuitability; Breach of fiduciary duty; Negligence; Negligent misrepresentation; Breach of contract; Breach of the implied covenant of good faith and fair dealing; Failure to observe high commerical standards; Failure to supervise; Respondeat superior Unspecified securities $1,073,729.00 (compensatory); punitive damages Claimant required to pay Respondents $9,833.00 (attorneys’ fees) Interest; Rescission; Consequential damages; Attorneys’ fees; Costs Michael J. Fish (P) James S. Martin (P); Richard B. Bullock (NP) Mixed
09-02085 04/13/09 12/22/11 In favor of Claimants Kin Lee; Fanny Ling S. Tsui TD Ameritrade, Inc. Boston, Massachusetts Peter Mark Bizinkauskas, Esq. Dana S. Gloor, Esq. Breach of contract; Breach of fiduciary duty; Negligence; Fraud; Unauthorized trading; Violations of FINRA rules, the Securities Exchange Act of 1934, United States Law, and Massachusetts State Law (Mass. Gen. Laws Ch. 93A) General Electric; State Street Corp.; Goldman Sachs; Citigroup; Bank of America; Ford Motor Co. stocks $572,430.00 $ 11,364.00 (compensatory); Interest; $22,728.00 (punitive); $25,000.00 (attorneys’ fees) n/a Leon E. Byng, II (P) Missy Daboul Margolis (P); Frank A. Yee, Jr. (NP) Mixed
09-03065 05/28/09 01/13/12 In favor of Claimants Daniel J. Murphy TTEE; Catherine T. Murphy TTEE U/A/D 07-30-1997 FBO Murphy Family Trust; Joseph Yurman Citigroup Alternative Investments LLC; Citigroup Fixed Income Alternatives; Citigroup Global Markets, Inc.; Citigroup, Inc.; Reaz Islam; Mat Five LLC Fund; Municipal Opportunity Fund Five, LLC New York, New York Lawrence A. Steckman, Esq. Frank C. Razzano, Esq. Jeffrey L. Friedman, Esq. Richard C. Szuch, Esq. Breach of fiduciary duty; Negligence; Aiding and abetting breach of fiduciary duty MAT Five LLC Fund National Portfolio $ 692,000.00 (for each claimant); punitive damages $ 475,000.00 (compensatory) (Murphy Family Trust); $475,000.00 (compensatory)(Yurman) Attorneys’ fees; Loss of income; Costs for expert witnesses; Interest Craig Scott Bartlett, Jr. (P) Sheldon M. Finkelstein (P); Kinchen C. Bizzell (NP) Mixed
09-03569 06/12/09 01/05/12 Claims dismissed Lyle W. Swenson, Jr.; Michelle Swenson Wachovia Securities, LLC n/k/a Wells Fargo Advisors, LLC; Craig Alan Riley Los Angeles, California Peter K. Rundle, Esq. G. Thomas Fleming, III, Esq.; Craig Alan Riley Breach of fiduciary duty; Breach of contract; Fraud; Negligence SEP (IRA) account involving futures, hedge funds, mutual funds, and other unspecified securities $470,388.42 (principal); punitive damages n/a Lost interest and investment return on lost prinicipal; interest and borrowing costs; costs of pursuing recovery; attorneys’ fees Mary M. O’Neil (P) Robert A. Lombardi (P); Kenneth E. Kreh (NP) Mixed
09-06446 11/10/09 07/12/11 In favor of claimants D. Vollstedt & S. Vollstedt TTEE; Steve or Deborah Vollstedt Tru U/A DTD 02/13/2004; Deborah Vollstedt; Steve A. Vollstedt Charles Schwab & Co., Inc. Santa Fe, New Mexico; San Francisco, California Timothy J. Dennin, Esq. Thomas F. Shine, Esq. Stephen Young, Esq. Cara L. Finan, Esq. Negligence; Negligent misrepresentation; Breach of fiduciary duty; Breach of contract; Fraud in the inducement; Common law fraud; Violations of Colorado and New Mexico securities law Schwab YieldPlus Fund $103,800.00 (compensatory); punitive damages $151,715.00 (compensatory); Interest; $144,141.82 (attorneys’ fees); $27,264.82 (costs) Reimbursement of FINRA filing and hearing fees; prejudgment/post judgment interest; costs; attorneys’ fees, disciplinary referral to FINRA Katherine M. Harmeyer (P) James S. Ashe (P); James W. Warren (NP) Mixed
09-06643 11/19/09 01/10/12 Claims denied Aslam Ahmed; Ayfer Ahmed Merrill Lynch, Pierce, Fenner, & Smith Incorporated; Michael Crow; Patricia Williams San Francisco, California Irwin Stein Eric J. Glassman, Esq. Fraud; Negligence; Misrepresentation; Breach of contract; Breach of fiduciary duty; Unsuitability; Misleading communication; Failure to supervise Mutual Funds; unspecified securities $ 1,300,000.00 (compensatory); punitive damages n/a Costs; expert witness fees Ferdinand Schoch (P) Ronald Chun (P); Charles Eugene Markley (NP) Mixed
09-06877 12/09/09 01/11/12 Claims settled Babylon Repair Service, Inc.; Alben Realty Corp.; Bernard & Carole Klevan, as trustees and beneficiaries of the Alben Realtor Corp. Retirement Profit Sharing Plan FMSbonds, Inc. Maimi, Florida Jeffrey R. Sonn, Esq. Jennifer L. Poole, Esq. Dennis A. Richard, Esq. Sydney A. Marks, Esq. Breach of fiduciary duty; Negligence; Common law fraud; Breach of contract; Violation of FINRA Conduct Rule 2110; Violation of FINRA Conduct Rule 2210(d)(1)(A); Negligent supervision; Violation of ERISA General
Motors; General Motors Acceptance Corporation; Ford Motor Credit; Ford Motor
Company bonds
$100,000.00- $500,000.00 (compensatory damages); punitive damages n/a Prejudgment interest; costs; expert fees; attorneys’ fees Robert G. Falbisaner (P) Neil J. Berman (P); Fred Abramoff (P) Public
10-00606 02/08/10 01/05/12 In favor of Claimant Callas Foundation, Inc. Morgan Keegan & Company, Inc. Atlanta, Georgia James A. Dunlap, Jr., Esq. David King, Esq.; M. Jason Hale, Esq. Misrepresentation and failure to disclose material facts; Violation of NASD and NYSE rules; Omissions; Breach of fiduciary duty; Constructive fraud; Breach of contract; Common law fraud; Negligence; Breach of duty to supervise; Negligent supervision; Violations of federal securities laws; Violations of Georgia law including the Georgia Securities Act; Respondeat superior RMK Advantage Income Fund; RMK Multi-Sector High Income Fund $343,221.27 (compensatory damages); punitive damages $231,336.76 (compensatory); Interest Pre/Post-judgment interest; costs; attorneys’ fees Michael M. Hachigian (P) Henry L. Dahl, Jr. (P); Charles W. Herf (NP) Mixed
10-01117 03/02/10 01/30/12 In favor of Claimant Martine M. Roach Capital Growth Resources; Capital Growth Planning Advisors, Inc.; Jerrold Sexton Los Angeles, California Robert C. Chandler, Esq.; Caria R. Kralovic, Esq. Walter Miller; Lynne M. Rach (CGR); pro se (Sexton) negligence; breach of fiduciary duty; suitability; fraud; deceit; misrepresentation; omission of material fact; breach of the provision prohibiting borrowing from a customer; failure to supervise unspecified promissory notes $565,670.00 (compensatory); $1,131,340.00 (punitive damages) $393,670.26 (compensatory); Interest interest; attorneys’ fees and costs; other equitable relief Richard J. Stall, Jr. (P) Thomas A. Culbertson (P); Kenneth Miller (NP) Mixed
10-01395 03/23/10 01/20/12 Claims settled Anthony V. Possidente; Fonda P. Possidente UBS Financial Services Inc. New York, New York Richard B. Fosher, Esq. Tracey Salmon-Smith, Esq. unsuitable investments; breach of fiduciary duty; negligence; negligent misrepresentation/omission; common law fraud; breach of contract; negligent supervision Unspecified securities $400,000.00 (compensatory); punitive damages n/a interest; attorneys’ fees; costs; other equitable relief Ted M. Rosen (P) Lincoln W. Craighead (P); Nunzio Garzino (NP) Mixed
10-01684 01/07/11 01/09/12 Claims dismissed PCF LLC; TGV LLC William James Kring; Triad Advisors, Inc. Tampa, Florida Shana M. Rugani, Esq.; Richard Sacks J.Steven Parker, Esq.; Robert Perry, Esq. breach of contract; fraud; negligence; misrepresentation; breach of fiduciary duty Le*Nature, a beverage bottling plant in Phoenix, Arizona; US Medical Towers, a medical office building in Houston, Texas $1,849,100.00 (compensatory) n/a Costs; attorneys’ fees; expert witness fees William H. Fleece (P) John T. Luce (P); Arthur DeStefano (NP) Mixed
10-01698 04/08/10 01/09/12 In favor of claimant Christine Seagle; Margaret Driscoll; James D. Waid; Larry Johnson; Elizabeth Johnson; Margaret D. Erkes; LaSandra McKinzie; Becky T. Phillips; Richard N. Oldham; Suzzane W. Waid; Beverly Vogt; Wade Douglas Casey; William J. Erkes Morgan Keegan & Company, Inc. Birmingham, Alabama Richard S. Frankowski, Esq.; Robert E. Norton, Esq. Kathryn R. Eldridge, Esq.; W. Preston Martin, Esq. breach of fiduciary duty; breach of contract; unsuitability; violations of securities regulatory rules; violations of the Alabama Securities Act; fraudulent suppression; negligence; omissions; intentional and negligent misrepresentation of material facts; breach of the duty of good faith and fair dealing RMK Multi-Sector High Income Fund; RMK Select Intermediate Bond Fund net out of pocket losses in the accounts; all charges to the accounts; punitive damages $18,727.76 (compensatory); Interest; $6,272.24 (punitive); $11,433.02 (attorneys’ fees) lost earnings; interest; rescission; costs; attorneys’ fees Virginia H. Wertz (P) n/a Public
10-02051 05/12/10 01/24/12 Claims denied Albert Edward Holliday Living Trust U/A, Albert Edward Holliday, Trustee; Margaret Virginia Holliday Living Trust U/A, Margaret Virginia Holliday, Trustee; Margaret Virginia Holliday, IRA Morgan Keegan & Company, Inc. New Orleans, Louisiana Kirk Reasonover, Esq.; Wesley Barr, Esq.; Dale Ledbetter, Esq. Christopher G. Lazarini, Esq., Michael A. Brady, Esq.; William G. Whitman, Esq. misrepresentations and omissions; breach of fiduciary duty; unsuitable investments; negligence; failure of supervision; breach of contract; vicarious liability; violation of FiNRA rules; violation of Tennessee statutes RMK Select Intermediate Fund I Shares; RMK Advantage Income Fund; RMK High Income Fund; RMK Multi-Sector High Income Fund; RMK Strategic Income Fund $765,212.00 (compensatory); treble damages n/a interest; costs; attorneys’ fees; expenses Jay Lawrence Witkin (P) Phillip M. Renfro (P); Sam Adatto Kayem (NP) Mixed
10-02145 05/01/10 01/26/12 Claims settled Rosemary Vana Fidelity Brokerage Services, LLC Chicago, Illinois Sandor L. Grossman, Esq. Trae D. Meyr, Esq. violations of state securities laws; violation of the Illinois Elder Abuse and Neglect Act; violation of Illinois Deceptive Trade Practices Act 815 ILCS 510/1 et seq.; violations of FINRA conduct rules; breach of contract; common law fraud and misrepresentation; breach of fiduciary duty and constructive fraud; negligence; negligent supervision unspecified investments $300,000.00 (compensatory) n/a interest; attorneys’ fees; costs; disgorgement; specific performance Susanne J. Hollander (P) Lynn Hirschfeld Brahin (P); Mark C. Hutchinson (NP) Mixed
10-02298 05/13/10 01/12/12 Claims settled Debra Kennedy; Harold Kennedy Joseph Scott Audia; Stephen G. Marek; American Capital Partners, LLC; J.P. Turner & Company, LLC; Matthew J. Ferber Richmond, Virginia Steven S. Biss, Esq. Michael P. Gilmore, Esq. (Audia); John Kilkenny, Esq. (Marek); Scott Holcomb, Esq.; Eric Dec, Esq. (J.P. Turner and Ferber) unsuitability; fraud; churning; negligence; breach of fiduciary duty; failure to supervise Swift Transportation Co., Inc.; Symantec Corporation; Tempur Pedic International; Elan Corporation; Global Industries Ltd.; Lexar Media, Inc.; Dynamic Materials Corporation; MGP Ingredients, Inc.; Petrohawk Energy Corporation; Chesapeake Energy Corporation $195,000.00 (compensatory); $500,000.00 (punitive) n/a disgorgement of all commissions and margin interest; interest; costs and forum fees; attorneys’ fees Donald B. Vaden (P) Michael W. Hultzapple (P); Glenn H. Catalano (NP) Mixed
10-02503 05/25/10 01/26/12 Claims settled Leonor Ochoa Garcia; Trust of Leonor Ochoa Garcia; Trust of Peter-Ochoa UBS Financial Services Inc.; UBS Trust Company of Puerto Rico San Juan, Puerto Rico Francis T. Pagan, Esq. Guillermo J. Bobonis, Esq. (UBSFS); Roberto C. Quinones-Rivera, Esq.; Nannette Berrios-Haddock, Esq. (UBSTC) suitability; breach of fiduciary duty; breach of agreement; churning; failure to supervise; negligence; negligent infliction of emotional distress; misrepresentation; fraudulent inducement Unspecified securities $20,000,000.00 (totality of funds); Punitive n/a interest; termination of any and all agreements; legal fees and costs; $4,275,000.00 (excessive trading); $4,000,000.00 (emotional damages) Bernard A. Becker (P) Todd M. Saunders (P); Thomas R. Noonan (NP) Mixed
10-02526 05/27/10 01/06/12 In favor of Claimant Richard Fornell, as Trustee of the Fornell Enterprises, Inc. 401(k) Profit Sharing Plan Morgan Keegan & Company, Inc. Orlando, Florida Jeffrey Erez, Esq. Lawrence Polk, Esq.; Bryan M. Ward, Esq., violation of the Employee Retirement Income Security Act of 1974; breach of fiduciary duty; negligence; negligent supervision; fraud; breach of contract RMK Select High Income Fund; RMK Select Intermediate Bond Fund; RMK High Income Fund; RMK Strategic Income Fund; RMK Advantage Income Fund; RMK Multi- Sector High Income Fund $337,00.00 (trading loss); $405,764.00 (benefit of the bargain); $194,976.00 to $405,764 (well-managed account); Punitive damages $194,976.00 (compensatory); Interest; $19,342.00 (costs) interest; costs; attorneys’ fees Marc Kalish (P) Kathryn J. Toronto (P); Jane L. Lawless (NP) Mixed
10-02632 06/03/10 01/06/12 Claims dismissed Kline Enterprises, Inc. Securities America, Inc.; Brecek & Young Advisors, Inc.; Thomas Goodson; William Rice Los Angeles, California Richard M. Layne, Esq. Terrance DeWald, Esq. (Securities America); Chad E. Weaver, Esq. (Brecek & Young, Rice); Brandon S. Reif, Esq. (Goodson) misrepresentations; omissions; failure to conduct due diligence; negligence real estate projects $3,410,909.17 (compensatory); $700,000.00 (special damages) n/a interest; attorneys’ fees; costs and expenses; expert fees Ferdinand Schoch (P) Fern M. Laethem (P); Alexandra M. Linden (NP) Mixed
10-02867 06/17/10 01/03/12 Claims denied Nino Calabrese Thomas Jay Hurley; Morgan Stanley & Co., Inc. Philadelphia, Pennsylvania H. Robert Boney, Jr., Esq. Susan Poder MacFarlane, Esq. breach of contract; negligence; fraud; breach of fiduciary duty; misrepresentations; omission of facts; failure to follow instructions stocks and bonds $99,000.00 (compensatory); punitive damages n/a attorneys’ fees; $975.00 (costs) Paul J. Greco (P) n/a Public
10-03001 06/23/10 12/28/11 Claims denied Hugh and Jill Mays individually and as Trustees of the Mays Family Trust dated March 28, 2001 Ameriprise Financial Services, Inc.; Richard H. Fogg; Orin M. Green d/b/a Fogg, Green and Associates San Diego, California Floyd R. Brown, Esq.; Arthur S. Leider Elizabeth Lowery, Esq. breach of contract; negligence; failure to supervise the individuals by Ameriprise; failure to observe the “Suitability” requirements; breach of fiduciary duties; fraud; improper stock purchases General Electric stock $511,294.00 (compensatory); $139,371.00 (well managed account); punitive damages n/a legal fees; costs; forum fees and claim filing fees Lawrence Alexander Huerta (P) Jon C. Milliken (P); Michael F. Brown (NP) Mixed
10-03006 06/24/10 01/17/12 Claims settled James K. Lockwood Citigroup Global Markets, Inc.; Morgan Stanley Smith Barney, LLC; Gary Eugene Lowery Chicago, Illinois Jennifer Walsh Hammer, Esq. Adam Kauff, Esq.; Patrick G. King, Esq. unsuitable investments/lack of due diligence; failure to disclose/misrepresentation of material fact Fannie Mae and Freddie Mac preferred stock $312,800.44 (compensatory) n/a other costs; other monetary relief Leon Fox (P) Arne R. Rode (P); Frank R. Niederman (NP) Mixed
10-03067 07/02/10 01/05/12 In favor of claimant Ronald Davi; Nicole Davi Perry Oppenheimer & Co., Inc. New York, New York Glenn S. Gitomer, Esq. Michael J. McAllister, Esq. breach of fiduciary duty; breach of contract; negligence; gross negligence; failure to supervise; breach of the anti-fraud provisions of the securities laws of Connecticut, C.G.S.A. Section 336-29 and New Jersey, N.J.S.A. Section 49:3-71; breach of Section 10b of the Securities Exchange Act of 1934, 15 U.S.C. Section 78j(b), and Rule 10b-5 promulgated thereunder; fraud New Jersey St EdI Facs Auth Re NJ XLCA due 7/1/35; New Jersey St EdI Facs Auth Re NJ FGIC 3.35% due 7/1/37; New Jersey St Tpk Auth Tpk Rev NJ MBIA 3.6% due 1/1/30; Salem County NJ Pollutn Ctl Fin NJ XLCA 3.5% due 11/01/33; Harris Cnty Tex Health Facs DE TX MBIA due 6/1/24 $1,226,424.00 (compensatory) $5,975,000.00 (rescission); $134,108.00 (attorneys’ fees) rescission; attorneys’ fees ($150,000.00) David S. Billet (P) Martin H. Jaffe (P); John J Witkowski, Jr. (NP) Mixed
10-03103 07/01/10 01/19/12 Claims dismissed Blanche Gloetzner Wells Fargo Advisors, LLC f/k/a Wachovia Securities, LLC Boca Raton, Florida Mark D. Hunter, Esq. Kathy M. Klock, Esq. Financial Advisor refused to sell; unsuitable recommendations Dell; General Electric; Altria Group; other unspecified securities $100,000.00 (compensatory); punitive damages n/a return of all compensation and other benefits realized by Wachovia; interest; costs; atorneys’ fees Bonnie A. Pearce (P) Frances D. Sheehy (P); Harriet A. Kottick (NP) Mixed
10-03196 07/13/10 01/12/12 Claims dismissed George Berman Goldman, Sachs and Co. Boston, Massachusetts Edward C. Cooley, Esq. Theodore R. Snyder, Esq. unsuitability; breach of fiduciary duty; breach of the duty to supervise the account; negligence; breach of contract unspecified $835,000.00 (compensatory) n/a n/a Nelson P. Lovins (P) Howard N. Gorney (P); Robert L Barker (NP) Mixed
10-03381 07/23/10 01/18/12 In favor of claimant Arthur B. Edge, III; Harriette P. Edge; Joyce T. Wright and James R. Wright; Todd S. Klumok; Ronald K. Hooks and June W. Hooks; Ronald L. Anderson and Katharine Anderson; Gordon M. Smith; Ted G. Masters; Ted Raker and Doris B. Raker; Thomas H. Wood, Jr. and Alma T. Wood Morgan Keegan & Company, Inc. Atlanta, Georgia Richard S. Frankowski, Esq.; Robert Norton, Esq. Joshua D. Jones, Esq.; Carl Burkhalter, Esq. breach of fiduciary duty; breach of contract; unsuitability; failure to supervise; violation of securities regulatory rules; violation of the Georgia Securities Act; intentional and negligent misrepresentation; gross negligence; breach of duty of good faith and fair dealing RMK Strategic Income Fund; RMK Advantage Income Fund; RMK High Income Fund; Morgan Keegan Multi-Sector High Income Fund; Morgan Keegan Select High Income Fund compensatory damages; punitive damages $50,000.00 (compensatory); $16,174.00 (costs) net out of pocket losses; charges to the accounts; lost earnings; interest; rescission; attorneys’ fees Mary Margaret Bush (P) Arocles Aguilar (P); Thomas H. O’Connor (NP) Mixed
10-03400 07/26/10 01/13/12 In favor of claimant Douglas A. Mirabelli; Kristin L. Mirabelli Merrill Lynch, Pierce, Fenner & Smith, Inc. Detroit, Michigan John J. Miller, Esq.; Barry R. Lax, Esq. Nathan T. Alexander, Esq.; J. David Jackson, Esq. violations of Michigan and Washington Securities Acts; misrepresentation and omission; negligence; breach of contract; breach of fiduciary duty Alliance Resource Partners LP; Apollo Investment Corp.; Copano Energy LLC $1,000,000.00 (compensatory); punitive damages $800,219.00 (compensatory); Interest; $47,339.91 (costs); $391,474.00 (attorneys’ fees) interest; attorneys’ fees; other costs; other monetary relief; rescission Jacqueline R. Fox (P) John F. Burns (P); Larry C. Kreul (NP) Mixed
10-03408 07/26/10 01/06/12 Claims settled ARI-COP 12, LLC; David L Garcia David Joseph Marina; Patrick Joseph Wainscott; Wedbush Securities Inc. Las Vegas, Nevada David Liebrader, Esq. Charles LaChaussee, Esq. breach of fiduciary duty; misrepresentations and omissions; negligence; violation of Nevada Securities Laws; breach of contract tenant in common interest offered by ARI-COP, LLC $186,000.00 (compensatory); punitive damages n/a rescission; disgorgement; assumption of loan payments; interest; costs; attorneys’ fees; expert witness fees Benjamin F. Breslauer (P) Dee Newell (P); Leonard Willig (NP) Mixed
10-03482 07/23/10 01/11/12 In favor of claimant Susan Stewart; Jim Clamp; Stewart Investment Properties, LLC; Clamp Investment Properties, LLC GVC Capital, LLC f/k/a Bathgate Capital Partners, LLC; Gregory Gale Fulton Denver, Colorado William D. Nelson, Esq. Steven W. McDonald, Esq. breach of fiduciary obligations to Claimants; violations of the applicable state and federal securities laws, including without limitiation C.R.S. §§ 11-51-501 & 11-51-604; breach of duties of due care; violations of the applicable NASD and other SRO rules and regulations; failure to supervise Section 1031 exchange $1,055,000.00 (compensatory); $340,00.00 ( tax liability) $700,000.00 (compensatory); Interest interest; costs; attorneys’ fees Avery B. Goodman (P) Richard Djokic (P); James J. Moylan (NP) Mixed
10-03605 08/11/10 01/06/12 In favor of claimant Myrl E. Miadenoff; Leroy K. Miadenoff Edward Jones; Robert William Lowrie Philadelphia, Pennsylvania Christopher J. Coyle, Esq. Javier Chavez, Jr., Esq. misrepresentation; unsuitability Charter Mac; Centerline Holdings $48,500.00 (compensatory) $10,000.00 (compensatory) interest; attorneys’ fees; costs Alan J. Blocher (P) n/a Public
10-03895 08/27/10 01/30/12 In favor of claimant Joyce Butterworth-Engler; Charles E. Butterworth, Jr. Family Trust; James W. Nabors and Wilma H. Nabors; Shirley A. Kelce and Kimberly A. Glasgow; Shirley A. Kelce; Mark K. Lewis; Ellen Davies Rogers; Darcie A. Simmons; Bonnie Fae Sparks-Mitchell; T.J. Kassouf and Mary Jo Kassouf; Wiley L. Estes Morgan Keegan & Company, Inc. Birmingham, Alabama Howard Prossnitz, Esq.; Blaine F. Doyle, Esq. Bradley B. Rounsaville, Esq.; Kathryn R. Eldridge, Esq.; Joel M. Everest, Esq. breach of fiduciary duty; breach of contract; unsuitability; failure to supervise; violations of the Alabama Securities Act; violations of securities regulatory rules; intentional and negligent misrepresentation RMK Advantage Income Fund; RMK Strategic Income Fund; RMK Select Intermediate Bond C Fund; RMK High Income Fund compensatory damages; punitive damages $450,919.00 (compensatory); $150,274.00 (attorneys’ fees); $10,119.00 (costs) all charges to their accounts; lost earnings; interest; rescission; attorneys’ fees; costs; expert witness fees Milton N. Gross (P) Peter H. Daly (P); Mary L. Merkle (NP) Mixed
10-04306 09/22/10 01/20/12 Claims settled Kayla Ann Roderick Trust; Olive M. Lawrence Trust; Candace Roderick Merrill Lynch Pierce Fenner & Smith Inc. Boston, Massachusetts Joseph Fogel, Esq. John K. Wells, Esq. breach of fiduciary duty; fraudulent misrepresentation; negligent misrepresentation; negligence; negligent supervision; unjust enrichment; breach of contract unspecified equity investments $203,007.10 (compesatory); punitive damages n/a attorneys’ fees and costs; disgorgement of all profits, fees and charges; rescission Mary C. Kelleher (P) James R. Collins (P); Christine Armstrong (NP) Mixed
10-04477 10/05/10 01/09/12 Claims settled Reuben Lengacher; Rosa Lengacher Edward D. Jones & Co., L.P. Indianapolis, Indiana G. Martin Cole, Esq. Dennis J. Capriglione, Esq. negligence and violation of FINRA rules; violation of MSRB rules; violation of the Indiana Securities Act; breach of agency duty; common law fraud Build America Municipal Bonds compensatory damages; punitive damages n/a interest; attorneys’ fees; other costs; other monetary relief Stuart D. Summers (P) F. Wesley Bowers (P); John W. Guy (NP) Mixed
10-04493 11/23/10 12/30/11 Claims dismissed; Claims settled James L. Donohue; James L. Donohue IRA; Nancy L. Donohue as Trustee of Revocable Living Trust of Nancy Donohue UAD 5/30/2000 Allianz Global Investors Capital LLC; Allianz Global Investors Distributors LLC; Allianz Global Investors Fund Management LLC; Bank of Montreal; E*Trade Securities LLC; Harris Investor Services, Inc.; ING Investments LLC; ING Investments Distributors LLC, aka ING Fund Distributor LLC; ING Prime Rate Trust; PIMCO Investments LLC Phoenix, Arizona Douglas A. Loefgren, Esq. John P. Rotundi; John C. Ertman, Esq.; John Bersin, Esq.; John S. Worden, Esq.; Stephen J. Easton; Matthew Tracy, Esq.; Joshua D. Ratner breach of fiduciary duty; negligence; suitability; failure to supervise; omissions of fact; misrepresentation PIMCO Hight Income Fund Preferred; ING Prime Rate Trust Auction Rate Preferred Series M; PIMCO Corporate Opportunity Fund Auction Rate Preferred; PIMCO Corporate Income Fund Auction Rate Preferred; Nicholas -Applegate n/k/a Allianz; ING Prime Rate Trust Auction Rate Preferred; ING Prime Rate Trust Auction Rate Preferred $225,000.00 (compensatory) n/a costs; attorneys’ fees; other equitable relief Donald Dreyfus (P) Denise Kathleen Gaines (P); Aryka Steele Radke (P) Public
10-04618 10/14/10 01/19/12 Claims dismissed; Claims settled Robert Gloss Wells Fargo Investments, LLC; James Timothy Beare Minneapolis, Minnesota Michael F. Marlow, Esq. Thomas F. Kopshever, Esq. breach of fiduciary duty; breach of contract; violation of the “Know Your Customer” and suitability rules; negligence and fraud; negligent supervision Norwest stock $850,000.00 (compensatory) n/a interest; attorneys’ fees; other costs; other monetary relief Frederick Ramos (P) William B. Ross (P); Lee T. Beske (NP) Mixed
10-05507 12/08/10 01/11/12 Claims dismissed Palatine Capital Investment Group Alpine Securities Corporation Las Vegas, Nevada Harold P. Gewerter, Esq. Erik A. Christiansen, Esq. breach of contract; fraud; unathorized trading Kalahari Greentech, Inc. dividend $38,842.00 (compensatory); $116,526.00 (punitive) n/a $1,425.00 (forum fees); $5,000.00 (attorneys’ fees) Howard W. Shannon (P) Douglas Edwards (P); Barry A. Mainardi (NP) Mixed
10-05673 12/17/10 01/10/12 Claims settled Emmette R. Begley IRA; Emmette R. Begley SEP-IRA; Carole G. Begley IRA Charles Schwab & Co., Inc. Nashville, Tennessee William B. Young, Jr., Esq. Michael Gless, Esq. misrepresentation and omissions; violation of the Tennessee Securities Act; breach of fiduciary duty; violation of FINRA/NASD conduct rules; negligence; failure of supervision; breach of contract; fraudulent misrepresentation; respondeat superior proprietary bond funds; Schwab YieldPlus Fund Select Shares $100,000.00 (compensatory); punitive damages n/a interest; attorneys’ fees; costs; other equitable relief Stephen H. Biller (P) n/a Public
11-00106 01/07/11 01/09/12 Claims dismissed PCF LLC; TGV LLC William James Kring; Triad Advisors, Inc. Tampa, Florida Shana M. Rugani, Esq.; Richard Sacks J . Steven Parker, Esq.; Robert Perry, Esq. breach of contract; fraud; negligence; misrepresentation; breach of fiduciary duty Le*Nature, a beverage bottling plant in Phoenix. Arizona; US Medical Towers, a medical office building in Houston, Texas $1,848,600.00 (compensatory) n/a interest; costs; attorneys’ fees; expert witness fees William H. Fleece (P) John T. Luce (P); Arthur DeStefano (NP) Mixed
11-00432 01/25/11 01/31/12 In favor of claimant Bobby L. Hayes; Bobby L. Hayes Living Trust Banc of America Securities LLC; Merrill Lynch, Pierce, Fenner & Smith Incorporated Reno, Nevada Thomas C. Bradley, Esq. Aquilino Magliocco; Rodney Acker, Esq. breach of written and oral contracts; fraud; breach of fiduciary duty; negligence; failure to supervise and control; consumer fraud; state securities violations Lyon Capital Management $883,122.50 (compensatory); punitive damages $1,134,791.24 (compensatory); Interest; $218,334.00 (attorneys’ fees); $23,500.00 (costs) lost opportunity cost; rescission; costs; interest; attorneys’ fees; other equitable relief James F. Zotter (P) Martin J. Kotowski (P); Richard B. Bullock (NP) Mixed
11-00437 01/31/11 01/04/12 Claimant withdrew claims Mark Stepper Paul E. Sheldon; Michael C Tuozzoli; Wells Fargo Advisors, LLC; Barry M. Zuckerberg Newark, New Jersey Michael H. Klein, Esq. Deirdre Wolff, Esq. breach of fiduciary duty; negligence; failure to follow instructions; failure to supervise Unspecified securities $50,000.00 (compensatory) n/a interest; attorneys’ fees; costs Edith M. Novack (P) n/a Public
11-00699 02/17/11 01/11/12 Claims settled; Claims dismissed Arlene Halley Wells Fargo Advisors, LLC Oklahoma City, Oklahoma Randall K. Calvert, Esq.; Denielle Williams, Esq. Jack D. Ballard, Esq.; Martha F. McDugald, Esq. breach of fiduciary duty; failure to supervise; vicarious liability for the alleged wrongful acts of Respondent’s employees and agents under the doctrine of respondeat superior; unspecified breach of duties imposed by applicable industry rules, regulations and practices unspecified investments $100,000.00 (compensatory); punitive damages n/a interest; attorneys’ fees; other costs; other monetary relief Vicki J. Limas, J.D. (P) Charles W. Adams (P); Pamela M. Roach (P) Public
11-00730 02/18/11 01/09/12 Claims denied Cliff Liang E*Trade Securities LLC San Francisco, California pro se Meredith A. Felde, Esq. improperly removed $12,274.00 from his brokerage account Unspecified securities $12,274.00 (return of assets) n/a n/a Mark R. Topper (P) n/a Public
11-00981 03/03/11 01/30/12 In favor of Claimant Robert C. King TD Ameritrade, Inc. Boca Raton, Florida pro se Hollie M. Mason, Esq. negligence; breach of fiduciary duty Equity Residential Preferred Series E convertible security $29,115.46 (compensatory) $14,600.00 (compensatory) costs; attorneys’ fees Michael Lau (P) n/a Public
11-01261 03/30/11 01/27/12 Claims denied Beverly S. Hall Ameriprise Financial Services, Inc.; Ira Alan Johnston Atlanta, Georgia Robert C. Port, Esq. Howard M. Klausmeier, Esq. breach of fiduciary duty; negligence; failure to supervise Riversource Life Insurance Company annuity $62,017.92 (compensatory) n/a interest; attorneys’ fees; forum fees and costs; other equitable relief John F. O’Neill, Jr. (P) n/a Public
11-01417 04/06/11 12/28/11 Claims dismissed Richard LaValley; Michael Weigand Lincoln Financial Advisors Corporation; MML Investors Services, Inc.; New England Securities; Garry Payne; Signator Investors, Inc. Syracuse, New York Robert J. Pearl, Esq. Janene M. Marasciullo; William P. Thornton, Jr., Esq.; Linda H. Joseph, Esq.; Michael G. Donovan, Esq. negligence; unsuitability; breach of fiduciary duty; breach of contract; liability under the doctrine of respondeat superior; negligent or reckless failure of supervision; fraud; misrepresentation Unspecified securities compensatory damages; consequential damages; punitive damages n/a disgorgement of profits; lost opportunity damages; rescission damages; costs; interest at 9% per annum; attorneys’ fees; other equitable relief Kenneth Dymond (P) Christopher C. Willett (P); Allan H. Kaminsky (P) Public
11-01530 04/07/11 01/11/12 Claims dismissed Hung N. Tran Chase Investment Services Corp.; Charles W. Hawkins Houston, Texas Barry G. Flynn, Esq. Elin B. Young, Esq. unauthorized transactions transferred funds from his checking account to his investment account $45,988.56 (compensatory); punitive damages n/a attorneys’ fees; other costs Michael Wilk (P) n/a Public
11-01641 04/19/11 01/19/12 Claims denied; Claims dismissed Kristopher J. Mathis; Harold J . Mathis, Jr.; TTEE U/W/O Harold Joseph Mathis FBO Kristopher Joseph Mathis Citigroup Global Markets, Inc.; Joseph Calabrese; Michael Helfer Houston, Texas Harold J. Mathis, Jr. Karl L. Marquardt, Esq. failure to disclosure person(s) who instructed branch checks to be issued and who wrote “POA”on a copy of an account statement $2,500.00 (punitive) n/a others costs; specific performance W. Merrill Glasgow (P) n/a Public
11-02119 05/25/11 01/18/12 In favor of Claimant Montye Puckett Morgan Keegan & Company, Inc. n/a Ricahrd S. Frankowski, Esq. John Starnes, Esq. breach of fiduciary duty; breach of contract; unsuitability; misrepresentation; omission of facts; negligence; failure to supervise; violations of Alabama Securities Act; violations of Securities Regulatory Rules RMK funds $25,000.00 (compensatory); punitive damages $25,000.00 (compensatory); $7,500.00 (attorneys’ fees); $425.00 (filing fees) interest; attorneys’ fees; costs; rescission Robert Rosen (P) n/a Public
11-02228 05/27/11 01/19/12 Claims dismissed William H. Brandt Charles Schwab & Co., Inc. Washington, D.C. pro se Richard A. Karoly Esq. refused to follow his written instructions to transfer assets Unspecified securities unspecified damages n/a costs; performance of duty Michael H. McConihe (P) Robert Charkovsky (P); Larry E. Ray (P) Public
11-02496 06/23/11 01/04/12 Claims denied Evelyn Salter UBS Financial Services, Inc. n/a pro se Jennifer S. Reiser, Esq. breach of fiduciary duty; failure to execute Unspecified securities $10,000.00 (compensatory) n/a costs John J. Vesey (P) n/a Public
11-02600 06/28/11 01/04/12 Claims settled Gerald Paquette LPL Financial LLC Hartford, Connecticut Thomas P. Wilcutts, Esq. Peter W. Gilles, Esq. breach of contract; negligence; misrepresentations; omission of facts; unsuitability; common law fraud; control person liability variable annuity; variable life insurance policy $62,190.12 (compensatory); punitive damages n/a interest; fees; commissions; expenses; costs; fees; disbursements; reasonable attorneys’ fees; other equitable relief B. J. Krintzman (P) David B. Beizer (P); John Thomas Shaban (NP) Mixed
11-01879 05/11/11 02/29/12 Claims denied David G. Miller Matthew Jonathon Dailey; Genworth Financial Securities Corp. n/a pro se James W. Shay misrepresentation/non-disclosures; omission of facts; suitability; unauthorized exchanges and transfers Unspecified Securities $7,700.00 (compensatory) n/a n/a Thomas C. Wagner (P) n/a Public
10-04022 09/08/10 02/28/12 Claims denied Kari Heinrich Vogelbach, M.D., individually and as Trustee; Karl Heinrich Vogelbach, M.D. MPP and Trust U/A 1/1/97; Karl Heinrich Vogelbach, M.D. Mny Prchse PI U/A 2/24/97; Andrew Vogelbach Quincy Cass Associates, Incorporated; Jens Adolf Spitta Los Angeles, California J. Christopher Wehrle, Esq. Sylvia M. Scott, Esq. Negligence and breach of fiduciary duty against Respondents; unsuitability against Respondents; failure to supervise against Respondent Quincy Arrowhead Research; Force Projection; Javelin; Blastgard $526,000.00 (compensatory) n/a punitive damages; attorneys’ fees; costs; interest Kendall C. Reed (P) David W. Dresnick (P); Andrew Corell Wahrenbrock (NP) Mixed
11-00594 02/05/11 02/28/12 Claims denied; claims dismissed Robert M. Elberger Wells Fargo Investments, LLC; Jay Edward Haley Houston, Texas Ronald M. Cohen, Esq. Jack Ballard, Esq.; Martha F. McDugald, Esq. Breach of fiduciary duty; breach of contract; negligence; unjust enrichment unspecified securities $130,000.00-$139,000.00 (compensatory) n/a Punitive damages; costs; attorneys’ fees Thomas D. Nagle (P) Alan M. Holzberg (P); Dale A. Hearn (NP) Mixed
11-01251 03/28/11 02/28/12 Claims settled Gilbert H. Quintana, IRA; Gilbert H. Quintana, Roth IRA; Jerry H. Quintana IRA; J. Quinatana & Z. Quintana as Trustees of the Jose Biterbo & Zulema Quintana Trust U/A DTD 11/21/1996 Charles Schwab & Co., Inc. Albuquerque, New Mexico William B. Young, Jr., Esq. Evelyn C. Best, Esq. misrepresentations and omissions; violation of the New Mexico State Securities Laws; breach of fiduciary duty; violation of FINRA/NASD Conduct Rules; negligence; failure of supervision; breach of contract; fraudulent misrepresentation; respondeat superior Schwab YieldPlus Fund Select Shars (“YieldPlus Fund”) $99,678.00 (compensatory) n/a Interest; punitive damages Steven Meyrich (P) n/a Public
10-04833 10/25/10 02/27/12 Claims settled Carol Mitchell-Gears; Keith Mitchell-Gears John Alexander McClellan; Jerome Stanley Rydell; Sigma Financial Corporation; August Joseph Stock, Jr. Phoenix, Arizona Irwin Stein; Tanya Sacks Gary Saretsky, Esq.; Janine M. Lucas, Esq. Failure to supervise; fraud; misrepresentation; negligence; breach of contract; breach of fiduciary duty USA Sonterra; USA Calais; USA Hawaii Self Storage; USA 651 No. 48th Street $1,294,000.00 (Return of investment) n/a Rescission of securities; interest; costs; expert witness fees; punitive damages Joe S. Tarrer, III (P) Robert S. Baran (P); Ralph H. Martin, III (NP) Mixed
10-05528 12/06/10 02/27/12 Claims denied Corrado Federico 2005 Restated Revocable Trust UAD 05-11-99 Stone & Youngberg, LLC San Francisco, California Cary S. Lapidus, Esq. Cara L. Finan, Esq. Breach of fiduciary duty; professional negligence; negligent misrepresentation; breach of contract FutureSelect Prime Advisor II, L.P. $250,000.00 (compensatory); OR alternatively rescission of the investment in FutureSelect Prime Advisor II, L.P.; n/a Pre-judgment interest; lost opportunity costs; costs Peter H. Daly (P) Arocles Aguilar (P); Aiden Sharp Adkins (P) Public
10-05533 12/03/10 02/27/12 Claims dismissed Frank Porco and Mary Porco U.S. Bancorp Investments, Inc.; Thomas J. Brancazio Pittsburgh, Pennsylvania Richard J. Federowicz, Esq.; Rebecca J. Maziarz, Esq. Joseph S. Simms, Esq. Breach of fiduciary duties; professional negligence; suitability violations; breach of contract and breach of duty of good faith and fair dealing; failure to supervise; respondeat superior and vicarious liability; deceptive and unconscionable trade practices Variable annuities offered by Hartford Life insurance Company and Lincoln Financial Life Insurance Company $196,000.00 (compensatory); $464,000.00 (treble) n/a Punitive damages; Attorneys’ fees; costs Donald J. Gilbert (P) Michael C. Hanzel(P); Kenneth Alan Eisner (P) Public
11-03380 08/31/11 02/27/12 Claims denied Xinyl Guo MITAA Global Securities and Ivy Walwan Tarn n/a pro se Marc A. Oliver Unauthorized trading; breach of contract; errors/charges; failure to supervise Unspecified Securities $17,000.00 (compensatory); $8,000.00 (punitive) $106.25 (filing fee) n/a Richard Maurice Robinson (P) n/a Public
10-00894 02/24/10 02/25/12 Claims dismissed David Gipson GunnAllen Financial, Inc.; GAH Holdings, LLC; GunnAllen Holding, Inc.; Hyde Park Equity Investments, LLC; Wright Asset Management Group, Inc.; JHS Capital Holdings, Inc. d/b/a JHS Capital Advisors, Inc.; Point Capital, Inc. f/k/a Point Capital, LLC; John H. Sykes; Mary Kennemur; Paul Richardson; Paul H. Chuzi; Kirk E. Kubach; Kevin C. Daniels Detroit, Michigan Anthony V. Trogan, Jr., Esq.; Joseph H. Spiegel, Esq. Scott T. Seabolt, Esq.; Fred N. Knopf, Esq. State of Michigan securities fraud; breach of contract; breach of fiduciary duty; fraud and silent fraud; negligent misrepresentation; violation of FINRA and industry rules of fair practice Domin-8 securities $140,000.00 (compensatory) n/a Punitive damages; interest; attorneys’ fees; other costs; other monetary relief; other non-monetary relief Barry Goldman (P) Allen R. Telgenhof (P); Joseph R. Papo (NP) Mixed
10-05814 12/27/10 02/24/12 In favor of Claimaint Janice Carkeek; Janice A. Carkeek Revocable Trust U/A/D; Janice Carkeek IRA Crown Capital Securities, L P.; Jeremy A. Kisner Las Vegas, Nevada Alan L. Sachs, Esq. Craig R. Bockman, Esq. Wrongful conduct; breach of contract and unsuitability; breach of fiduciary duty; common law fraud; failure to supervise; negligence; violation of federal and state securities laws; violation of FINRA Rules of Fair Practice Limited Partnerships; REITs $499,250.00 (compensatory) $31,768.00 (compensatory) Disgorgement and restitution of all earnings, profits, compensation and benefits; rescission of the entire principal amount; attorneys’ fees and costs; lost opportunity costs; pre-judgement and post-judgement interest at the legal rate; punitive damages Melvin S. Feldman (P) James H. McAvoy, Sr. (P); Daniel Clay McGuire (P) Public
11-00208 01/14/11 02/24/12 Claims denied Donna Keppen Trust; Donna Keppen; Steven Keppen; Steven Keppen Trust Boogie Investment Group, Inc.; Cambridge Investment Research, Inc.; Charles Schwab & Co., Inc.; Daniel Deighan; Deighan Financial Advisors, Inc. Orlando, Florida Allan Whitehead, Esq. Alan M. Wolper, Esq.; Jeff Jamieson, Esq.; Pete S. Michaels, Esq. Rescission – violation of Chapter 517, Fla. Stat.; fraudulent misrepresentation; negligent misrepresentation; breach of fiduciary duty; negligence Provident/Shale; Odyssey Real Estate Funds; Core Realty Holdings, LLC; Strategic Capital Holdings, LLC; Resource Real Estate, LLC; LEAF Financial Corp.; Grubb & Ellis; USA Advisors $1,200,000.00 (compensatory); or in the alternative rescission pursuant to Chapter 517, Fla. Stat. n/a pre- and post-award interest; attorneys’ fees; costs Susanne J. Hollander (P) V. Michael Pabalis (P); William H. Steinbrenner (NP) Mixed
11-01830 05/05/11 02/24/12 In favor of Claimant John C. Reppucci TTEE M&M Plans, Inc. Wells Fago Advisors, LLC Boston, Massachusetts John E, Sutherland, Esq. Nuviah Shirazi, ?sq. Breach of fiduciary duty; suitability; fraud; misrepresentations and omissions; churning; failure to supervise; negligence; respondeat superior; violation of Uniform Securities Act; violation of Consumer Protection Act Mutual funds; notes; unit trusts $100,000.00 (compensatory) $21,000.00 (compensatory); interest (6% per annum) Recission of unsuitable transactions; punitive damages (unspecified); attorneys’ pre-judgment interest; costs; $21,000.00 (commisions); $50,000.00 (lost opportunity); $31,000.00 (contingrnt sales charges); $35,000.00 (attorneys’ fees); $7,500.00 (expert witness fee); interest (6% per annum) Richard J. Grahn (P) n/a Public
11-02581 06/28/11 02/24/12 In favor of Claimant Ignazio Baiamonte; Baiamonte Family Trust 2008 Irrevocable Trust; Ignazio Baiamonte IRA Alternative Wealth Strategies, Inc.; Edward F. Scro dba Senior Resource Center; James Carl Gaul; Jeffrey Rachlin; Edward Francis Scro New York, New York W. Alexander Mebardis, Esq. n/a Unsuitability; failure to supervise; control person liability; breach of fiduciary duty; misrepresentation/omission amounting to securities fraud; negligence and comparative negligence; breach of contract; respondeat superior; apparent authority Unspecified Securities n/a $450,000.00 (compensatory); interest (9% per annum); $450,000.00 (punitive); $1,500.00 (expert fees); $250.00 (filing fee) Recission of all investments; compensatory damages (unspecified); disgorgement; punitive damages (unspecified); attorneys’ fees; interest; expert fees; other costs Martin Jay Siegel (P) Gary W. Sherbell (P); Joseph A. Forgione (NP) Mixed
10-00853 02/19/10 02/23/12 Claims settled; claims dismissed The Janene Davis Living Trust; Robert N. Davis; Theresa J. Stroud; BROCO, II, LLC Wells Fargo Advisors, LLC Indianapolis, Indiana Mark E. Maddox, Esq. Steven M. Malina, Esq.; Beth A. Black, Esq. misrepresentations and omissions of material information; violations of the Indiana Securities Act and Regulations thereunder; violations of the FINRA Conduct Rules and NYSE Rules; breach of contract; breach of fiduciary duty/constructive fraud; respondeat superior; negligent supervision;common law fraud and misrepresentation Claimants’ allegations that Respondent abandoned its down side investment protection strategy without advising Claimants and that Respondent failed to disclose the characteristics of the collateral account to the Trust which resulted in a high series of margin calls. $5,000,000.00 (compensatory) n/a Punitive damages; interest; attorneys’ fees; other costs Gary P. Price (P) Kathleen A. DeLaney (P); Jason Alexander Beer, Sr. (NP) Mixed
10-02682 06/01/10 02/23/12 Claims denied James E. Warwick and Barbara Rhea Wanwick JTWROS Morgan Keegan & Company, Inc. Jackson, Mississippi James A. Dunlap, Jr., Esq. George D. Sullivan, Esq. Violation of NASD and NYSE rules; breach of fiduciary duty; constructive fraud; reckless and negligent misrepresentation; omission; over-concentration; unsuitability; breach of contract; common law fraud; failure to supervise; common law negligence; negligent supervision; breach of duty; violations of Section 10(b) of the Securities Exchange Act and SEC Rule 10b-5; violations of Sections 11, 12(a)(2) and 15 of the Securities Act of 1933; violations of the Tennessee Securities Act, Mississippi Securities Act and the Tennessee Consumer Protection Act of 1977 RMK Advantage Income Fund; RMK Multi-Sector High Income Fund; RMK Strategic Income Fund $2,674,702.00 (compensatory) n/a interest; attorneys’ fees; costs Joseph Winter (P) Charles F. Boufford (P); Frances E. Hubbell (NP) Mixed
11-02896 07/21/11 02/23/12 Claims denied Daniel J. McCarthy TD Ameritrade, Inc. n/a pro se James J. Vihstadt Breach of fiduciary duty; negligence Unspecified Securities $2,250.00 (compensatory) n/a n/a Robert H. Putnam, Jr. (P) n/a Public
10-05031 11/06/10 02/22/12 Claims denied Jeffrey & Cheryl Lane Family Trust Merrill Lynch, Pierce, Fenner & Smith Incorporated; Sheila Carlson; Michael Tiedemann; Louie Vargas; Paul Wetmore; Lord Abbett Distributor LLC; Brandon Mallette; Lord Abbett & Co. Los Angeles, California Jeffrey Lane John P. Bevilacqua, Esq.; Matthew L. Larrabee, Esq.; Joshua Hess, Esq. Breach of fiduciary duty; misrepresentation; omission of facts; unsuitability; unauthonzed trading; refusal to execute client orders; and manipulating and issuing false margin calls municipal bonds; unspecified securities $1,912,638.00 (compensatory) n/a $40,000,000.00 (punitive); $3,150,000.00 (treble); $21,000.00 (interest) George L. Tindall (P) Mario H. Metzger (P); Robert Alan Merring (P) Public
10-05117 11/03/10 02/22/12 In favor of Claimaint Joseph C. MacCabe, III; Kay M. Dunn Cambridge Legacy Securities, LLC; IMS Securities, Inc.; Russell K. Childs; Byron L. Preuss Houston, Texas pro se Brian A. Carlis, Esq.; J. Randle Henderson, Esq. Misrepresentations/non-disclosures; omissions of facts; suitability; dividends; failure to supervise; negligence ICON Income Fund Nine; UMT Trust; Wells REIT 1; ICON Income Fund Ten; Dubose Model Home Income Fund 3; Behringer Harvard Short Term Opp. Fund; United Development Trust $938,090.00 (compensatory); $140,000.00 (punitive) $30,000.00 (compensatory); interest Interest; costs William R. Jonson (P) Sherry R. Wetsch (P); Mary Esther Escobedo (P) Public
11-03241 08/18/11 02/22/12 In favor of Claimant Lindsey Abbott; Heather Letts; Theresa Thompson Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq. W. Preston Martin, Esq. Breach of fiduciary duty; breach of contract; unsuitability; failure to supervise; violations of securities regulatory rules; violations of the Alabama Securities Act; common law claims Morgan Keegan Bond Funds $25,000.00 (compensatory) $25,000.00 (compensatory); $8,500.00 (attorneys’ fees); $235.00 (costs); $425.00 (filing fee) Punitive damages (unspecified); interest; attorneys’ fees; costs; other Pamela H. Roderick (P) n/a Public
09-06457 11/12/09 02/21/12 Claims settled Robert Joseph Locher Citigroup Global Markets, Inc. Boca Raton, Florida Robert H. Rex, Esq. Holly J. Sutton, Esq.; Joseph A. Vallo, Esq. common law negligent supervision; breach of fiduciary duty; negligent failure to supervise; negligence; misrepresentations; suitability Abbott Lab; American Electric Power; Amsouth Banc; Anadarko Petroleum; Antmem Inc.; Apache CP; ATS Medical; Bank Atiantic; Bank New York; Bayer AG $495,000.00 (compensatory) n/a interest; costs; reimbursement of filing fees James W. Geiger (P) Linda M. Granata (P); Jeanne C. Wood (P) Public
10-03880 08/30/10 02/21/12 Claims settled Donald J. Haynes Jonathan David Eskridge; Jeffrey Michael Hollander; Morgan Stanley Smith Barney Tampa, Florida Kevin Koplin, Esq. Gregg Garneau, Vice President Unsuitability and omission/misrepresentation; breach of fiduciary duty; failure to adequately supervise; breach of contract and implied covenant of good faith and fair dealing; negligence; negligent failure to supervise; respondeat superior; control person liability Aquila Inc.; Alliance Bernstein Income Fund; Annaly Mortgage Management; Thornburg Mortgage Asset Corp.; New Century Financial Corp.; Impac Mortgage Holdings $76,722.39 (compensatory) n/a costs, epenses and disbursements; attorneys’ fees; interest; punitive damages Beveriy S. Gordon (P) n/a Public
11-01000 03/08/11 02/21/12 Claims settled John R. Anthony, Jr.; Alice Anthony Wells Fargo Advisors, LLC Dallas, Texas Karen K. Fitzgerald, Esq. Nuviah Shirazi, Esq. Breach of contract; breach of fiduciary duty; negligence; unjust enrichment Unspecified oil stocks $100,000.00 (Actual/Compensatory) n/a $200,000.00 (Exemplary/Punitive); other monetary relief T.E. Jaeb (P) Daniel A. Kile (P); Leighton Aiken (P) Public
09-03437 06/05/09 02/17/12 In favor of Claimaint W. Kyle Rote, Jr. a/k/a William K. Rote, Jr.; Mary Lynne Rote; E.W. Jamison Living Trust dtd 3/28/92 c/o Kyle Rote, Jr. Trustee Morgan Keegan & Company Inc. Memphis, Tennessee Peter J. Mougey, Esq.; Page Poerschke, Esq. Kathryn S. Gostinger, Esq.; George D. Sullivan, Esq. breach of fiduciary duty; violation of FINRA and NYSE Rules, breach of contract and negligence; fraud; violation of the Tennessee Securities Act of 1980 and the Tennessee Consumer Protection Act of 1977. Regions Morgan Keegan Select Intermediate Bond Fund; Regions Morgan Keegan High Income Fund $954,000.00 (compensatory) $400,000.00 (compensatory) Interest; costs; attorneys’ fees; punitive damages Joel P. Mollis (P) Ronald F. Rosner (P); Randolph Guggenheimer, Jr. (NP) Mixed
10-01647 04/05/10 02/17/12 Claims settled Rhonda Foster Private Asset Group, Inc.; James M. Walsh; Daryl M. Holzberg; Cannen Ferrell Dallas, Texas David Neuman, Esq. Robert J. Girard, II, Esq.; David C. Holt, Esq. Violation of the Texas Securities Act; violation of the Texas Deceptive Trade Practices-Consumer Protection Act; violations of Section 2110 Conduct Rules of the NASD; violation of Section 2120 Conduct Rules of the NASD; violations of Section 2310 Conduct Rules of the NASD; violation of Section 3010 Conduct Rules of the NASD; breach of fiduciary duty; negligence and negligent supervision; common law fraud and misrepresentation; respondeat superior private placement offerings by Provident Royalties, LLC/Shale Royalties; Striker Petroleum; Medical Capital Corporation $200,000.00 (compensatory) n/a Punitive damages; interest; attorneys’ fees; other costs Arthur H. Geffen (P) Robert Jerry Strader, Sr. (P); Alan Keith Goldfarb (NP) Mixed
09-03660 06/16/09 02/16/12 Claims settled Leo Portal Signator Investors, Inc.; Fuad Hafiz Mansour; John Hancock Mutual Life Insurance Company San Francisco, California Val D. Hornstein, Esq. John C. Holmes, Esq.; Mark J. Hancock, Esq.; William A. Gottlieb, Esq. negligent misrepresentation; unsuitability; professional negligence; breach of fiduciary duty; common law fraud and deceit; violation of FINRA Rules of Fair Practice including Rule 2310, Rule 2210, Rule 2120, and Rule 3010; violation of California Civil Code §3372 Lifestyle Aggressive Portfolio; Greater China Opportunities Fund $215,000 n/a Prejudgment interest or lost opportunity damages; Attorneys’ fees and costs of the arbitration; Punitive damages Ferdinand Schoch (P) Robert Hilton Keller (P); Edward J. Harkins (NP) Mixed
10-01746 04/13/10 02/16/12 In favor of Claimaint William W. Featheringill Morgan Keegan & Company, Inc. Birmingham, Alabama J. Michael Rediker, Esq.; Laura S. Dunning, Esq.; Rebecca A. Beers, Esq. Lee H. Zell, Esq.; Jason B. Tompkins, Esq. Negligence and unsuitability under the FINRA rules, the Alabama Securities Act and fiduciary principles; failure to supervise; fraud under Ala. Code § 6-5-101, et seq.; misstatements and omissions to state material facts under Ala. Code § 8-6-19(b); breach of fiduciary duty; inducement to hold; rescission due to mutual mistake; breach of contract Jefferson County, Alabama sewer bond auction rate securities $1,950,000.00 (compensatory); $5,850,000.00 (punitive) $1,950,000.00 (compensatory); interest (6%) $300.00 (filing fee) Interest; attorneys’ fees; costs Allan Weiss (P) James Francis Donovan (P); Robert E. Graves (NP) Mixed
10-02019 04/29/10 02/16/12 Claims settled Frederick Palmieri, as Trustee of the Palmieri Family Trust; Joan Palmieri, as Trustee of the Palmieri Family Trust Citigroup Global Markets, Inc. f/k/a Smith Barney Boca Raton, Florida Jeffrey Erez, Esq.; Jeffrey Sonn, Esq. Jon A. Jacobson, Esq. Breach of fiduciary duty; negligence; negligent supervision; fraud; violation of the New Jersey Securities Act Lehman Brothers preferred stock; Fannie Mae preferred stock Between $100,000.00 and $500,000.00 (compensatory) n/a Recission; interest; punitive damages; costs Will Murphy (P) llisa J. Smukler (P); William R. Alheim (P) Public
11-03185 08/12/11 02/16/12 Claims denied Irene Gilmore Charles Schwab & Co., Inc. n/a William B. Young, Jr., Esq. Richard A. Karoly, Esq. Misrpresentation and omissions; breach of fiduciary duty; violation of NASD/FINRA’s Conduct Rules; negligence; failure of supervision; fraudulent misrepresentation; respondeat superior Unspecified shares of YieldPlus Funds $24,342.52 (compensatory) n/a Punitive damages (unspecified); interest; costs; other Richard W. Cutler (P) n/a Public
10-00547 02/04/10 02/15/12 Claims denied Pamela Wolf Steven Arnold Goldfarb; Luis Alfonso Marino; Pali Capital, Inc. New York, New York Charles J. Hecht, Esq. Julian Krukowski, Esq.; Jonathan Sack, Esq.; Robert M. Van De Veire, Esq. unsuitability; misrepresentation; fraud; fraudulent inducement; improper guarantee against losses; negligent supervision Duane Park IV Ltd.; Dot VN Inc.; Spot On Networks LLC. $1,050,000.00 (compensatory); $2,250,000.00 (punitive) n/a filing fees; mediation fees; other amounts paid to FINRA for the arbitration proceeding John J. Vesey (P) Gregory J. Getz (P); William A. Hohauser (NP) Mixed
10-00898 02/24/10 02/15/12 In favor of Claimaint Michael C. Schreiber, Marilyn Szymkiw-Schreiber; The Schreiber Living Trust DTD 12/1/06 GunnAllen Financial, Inc.; GunnAllen Holding, Inc.; GAH Holdings, LLC; Hyde Park Equity Investments, LLC; Wright Asset Management Group, Inc.; JHS Capital Holdings, Inc. d/b/a JHS Capital Advisors, Inc.; Pointe Capital, Inc. formerly known as Pointe Capital, LLC; Louis A. Wright; John H. Sykes; Mary Kennemur; Paul Richardson, Paul H. Chuzi; Kirk E. Kubach Detroit, Michigan Anthony V. Trogan, Esq.; Joseph H. Spiegel, Esq. Scott T. Seabolt, Esq.; Fred N. Knopf, Esq. State of Michigan securities fraud; breach of contract; breach of fiduciary duty; fraud and silent fraud; negligent misrepresentation; negligence; and violation of FINRA and industry rules of fair practice Domin-8; Provident Royalties/Shale securities $150,000.00 (compensatory) $1.00 (compensatory); $45,000.00 (attorneys’ fees) Punitive damages; interest; attorneys’ fees; other costs; other monetary relief; other non-monetary relief Stephen D. Kursman (P) William M. Azkoul (P); Robert A. Vogler (NP) Mixed
10-05260 11/15/10 02/15/12 In favor of Claimaint Nicki Lynn Suitor Dimopoulos Wachovia Securities, LLC; Richard J . Dobler Boca Raton, Florida Evangelos Dimopoulos Deirdre C. Wolf, Litigation Counsel Failure of Respondents to invest according to Claimant’s instructions; Respondents knowingly deceived Claimant; Claimant was shuffled from broker to broker receiving no help [deemed by the Arbitrator to be an allegation of negligent supervision]; Respondents’ investments in preferred stock in Claimant’s account were inappropriate for Claimant GM preferred stock $31,986.80 (compensatory); $2,000.00 (punitive) $5,000.00 (compensatory) $425.00 (interest) James W. Geiger (P) n/a Public
11-00807 02/11/11 02/15/12 Claims dismissed Kwame A. Boateng Scottrade, Inc.; Kevin Martin; Danielle Schmidt Cincinnati, Ohio A. Brian McIntosh, Esq. Niels P. Murphy, Esq. Breach of fiduciary duty; negligence unspecified securities $50,000.00 (compensatory) n/a Punitive damages; attorneys’ fees; costs; other monetary relief Kevin R. McDermott (P) n/a Public
09-05950 10/15/09 02/14/12 Claims settled Russell D. Brautigam, Russell D. Brautigam Roth Conv. IRA; Andrew M. Clark Designated Beneficiary Plan/TOD; Courtney A. Jay Designated Beneficiary Plan/TOD Kendal Capaz, Renee Hartmann, and Courtney King; Tom L. Poe and Margie Elaine Poe JT TEN; Robert C. Rose Charles Schwab & Co., Inc.; Kimon P. Daifotis Tampa, Florida Thomas Shine, Esq.; Christopher T. Vernon, Esq. Evelyn C. Best, Esq. negligence; negligent misrepresentation; breach of fiduciary duty; breach of contract; fraud; fraud in the inducement Schwab YieldPlus Fund $151,300.00 (compensatory) n/a FINRA filing fee ($1,425.00); reimbursement of all FINRA hearing session fees; pre-judgment interest at the Florida statutory interest rate from the dates Claimants purchased their Schwab YieldPlus Fund securities in their accounts through the date of the arbitration award; post-award interest at the Florida statutory interest rate from the date of the arbitration award through the date of payment of the award; punitive damages William F. Glaser Jr. (P) Horace A. Andrews (P); Paul L. Matecki (NP) Mixed
10-03425 07/26/10 02/14/12 Claims settled Francis Hempfling, Individually and Francis Hempfling (IRA), as Custodian Eric J. Nilson; Wells Fargo Financial Advisors, f/k/a Wachovia Securities, LLC Ft. Lauderdale, Florida Layne Verebay, Esq. Sara Soto, Esq. Violations of Florida Statutes §§517.301 and 517.211; breach of fiduciary duty; negligent supervision; common law fraud; negligence; misrepresentations; suitability Equities and fixed income assets $750,000.00 (compensatory) n/a Interest; punitive damages; attorneys’ fees; costs Seth L. Finkel (P) Sydney E. Blum (P); Janet N. Smiles (NP) Mixed
11-00190 01/10/11 02/14/12 Claims settled James M. Proeschel; Brenda L. Proeschel Charles Schwab & Co., Inc. Dallas, Texas Nicholas J. Guiliano, Esq. Cara L. Finan, Esq. Violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934; sale of unsuitable securities; violation of the Texas Securities Act; breach of fiduciary duty; negligent failure to supervise; common law fraud YieldPlus Select Fund $52,960.00 (compensatory) n/a Punitive damages; interest; attorneys’ fees; costs Robert L. Yeager, III (P) n/a Public
11-01510 04/12/11 02/14/12 Claims denied John A. Calderaio; Diana R. Calderaio; Paul Calderaio Robert Misener, III; Wells Fargo Advisors, LLC Philadelphia, Pensylvania John A. Calderaio Todd Ratner, Esq. failure to supervise; negligence; churning; misrepresentation; omission of facts n/a $99,373.00 (compensatory) n/a $975.00 (interest); costs Kathleen K. Murphy (P) n/a Public
11-01531 04/15/11 02/14/12 Claims dismissed Lawrence F. Glaser, individually, and as custodian for Benjamin T. Glaser, Erin E. Glaser, Hannah M. Glaser and Kimberly A. Glaser Jonathan Russell Legg; Morgan Stanley & Co., Incorporated; Edmund Stephan Washington, D.C. Lawrence F. Glaser Joseph C. Coates, III, Esq. breach of contract; breach of fiduciary duty; fraud; fraudulent concealment; negligence; brokerage conflict of interest Enzo Biochemical stock $120,000,000.00 (compensatory); $360,000,000.00 (punitive) n/a $140,000.00 (attorneys’ fees); $14,284.00 (expenses); $9,400.00 (consulting fees); $1,956.00 (court reporting fees); disgorgement of comissions; lost opportunity or market adjustment losses; costs; any additional attorneys’ fees Mark R. Joelson (P); Joyce A. Mitchell (P); Louis Paul Sitnik (NP) Mixed
10-03416 07/27/10 02/13/12 In favor of Claimaint Robert S. Dingolo; Dianne Dingolo Robert Alexander Maiocco; Wells Fargo Advisors, LLC Boston, Massachusetts R. Alan Fryer, Esq. Christopher P. Litterio, Esq. Breach of contract; breach of fiduciary duty; unsuitability; fraudulent misrepresentation; negligence; breach of duties; violations of 15 U.S.C. 78 j (b) and 78 t (a), Massachusetts General Laws Chapters 110A §s 410 (a)(2), 410 (b) and 93A; agency liability; failure to supervise; respondeat superior Options and margin trading Between $820,00.00 and $1,205,538.00 (compensatory); $3,600,000.00 (punitive) $289,000.00 (compensatory); interest (5% per annum); $81,882.52 (attorneys’ fees) attorneys’ fees; costs, expenses; pre-judgment and post-judgment interest Sandor I. Rabkin (P) Thomas P. Bowman (P); Thomas J. Nash (NP) Mixed
10-03532 08/05/10 02/13/12 In favor of Claimaint Russell Stephen Tarrant Kovack Securities Inc. Atlanta, Georgia Jeffrey Erez, Esq. Todd A. Zuckerbrod, Esq. Breach of fiduciary duty; negligence; negligent supervision; fraud; breach of contract Real estate project; SunLife annuity $500,000.00 (compensatory) $100,000.00 (compensatory); $200,000.00 (punitive); $14,017.00 (costs); $300.00 (filing fee) interest; costs; punitive damages Deborah A. Jackson (P) Pat Huddleston, II (P); Dimitri Angelo Dodys (NP) Mixed
10-01497 03/29/10 02/10/12 In favor of Claimaint Paul W. Sacco Community Bankers Securities, LLC; Allied Beacon Partners, Inc. f/k/a Waterford Investor Services, Inc.; John Brady Guyette Denver, Colorado Jeffrey Pederson, Esq. Steven S. Biss, Esq.; John Brady Guyette Failure to treat the Claimant in a just and equitable manner; breach of contract; breach of fiduciary duty; negligence; negligent misrepresentations and omissions; violation of the Colorado Blue Sky Laws Medical Capital Corporation (“Med Cap”) $183,000.00 (compensatory) $99,000.00 (compensatory) interest (8% per annum); $10,656.00 (costs); $300.00 (filing fee) Punitive damages; interest; attorneys’ fees William F. Skewes (P) Bradford J. Lam (P); Edward Allan Hindman (NP) Mixed
11-00520 02/03/11 02/10/12 In favor of Claimaint Bryan Farney Uinta Investments, Inc.; Cathy Thornock; Russell Thornock; Christopher Duval Houston, Texas Shana M. Rugani, Esq. Russell D. Thornock Fraud; misrepresentation; negligence; breach of contract; breach of fiduciary duty Estrella AVC Lenders, LLC. $100,000.00 (compensatory) $50,000.00 (compensatory) Interest; attorneys’ fees; costs William S. Hopkins (P) n/a Public
11-02811 07/20/11 02/10/12 In favor of Claimant Jeff R. Herr Wells Fargo Investments, LLC n/a Robert M. Riffle, Esq. Deirdre Wolff, Esq. Breach of contract; misrepresentation; negligence Citigroup stock $10,000.00 (compensatory) $8,983.45 (compensatory); $325.00 (filing fee) $1,500.00 (Interest); $1,000.00 (attorneys’ fees); $500.00 (costs) Ray J. Grzebielski (P) n/a Public
10-04349 09/24/10 02/09/12 Claims dismissed Lois Ludwig Hirschtritt Lawrence Y. Lee; LYL Investments; Pershing LLC / Div. of DLJ Sec. Corp.; Rockwell Global Capital LLC Ft. Lauderdale, Florida Richard Hirschtritt, Esq. Robert M. Bursky, Esq. Churning; unsuitability; failure to supervise Proshares Trust; Direxion; Wynn Resorts $31.196.27 (compensatory) n/a costs; filing fees; $4,379.53 (loss of incremental value) Ellen J. Abrams (P) n/a Public
10-04402 09/27/10 02/09/12 In favor of Claimaint Robert L. Reitman Robert W. Baird & Co., Inc.; Christopher M. Calvelli Milwaukee, Wisconsin Paul R. Erickson, Esq. Gregory G. Wille, Esq. Breach of fiduciary duty; breach of the implied covenant of good faith and fair dealing; negligent misrepresentation; breach of contract; control person liability; violation of §2310 NASD Conduct Rules (Suitability), of NYSE Rules 405 “Know Your Customer Rules”, and the Wisconsin Administrative Code; violation of §10(B) and 20 of the Securities Exchange Act of 1934 Stock accounts $200,000.00 (compensatory) $75,332.00 (compensatory) Attorneys’ fees; costs Allen D. Schwartz (P) Fredric R. Dichter, JD (P); Emanuel V. Gumina (P) Public
10-04713 10/20/10 02/09/12 Claims settled Brent R. Allan; Deborah B. Allan; Allan Limited Partnership; Allan Family Limited Partnership; Allan Limited Partnership FBO Children; B & B Irrevocable Trust UAD 3/21/99; Brent Allan and Deborah Allan JTWROS; Brent R. Allan IRA; Corey France Custodial; Deborah B. Allan IRA; Lawrence R. Allan Custodial Allan J. Flader; Brian K. Flader; RBC Dain Rauscher, Inc.; UBS Financial Services Inc. Phoenix, Arizona Michael J. Frazelle, Esq. Michael M. Gless, Esq.; Jennifer L. Meeker, Esq.; Michael Pysno, Sr. Unsuitability; negligence; misrepresentation unspecified securities $887,668.00 (compensatory) n/a attorneys’ fees; costs; interest Joe S. Tarrer, III (P) George N. Roy (P); Paul T. Sachs (P) Public
10-04839 10/27/10 02/09/12 Claims dismissed; Claims denied John T. Tubbs Rowena York Ruff Louisville, Kentucky pro se Sara B. Davis, Esq. Improper assessment of fees; misrepresentation Behringer Harvard REIT $22,000.00 (compensatory) n/a $20,000.00 (interest); $2,000.00 (costs) Lisa Shusterman (P) n/a Public
10-05725 12/17/10 02/09/12 Claims denied Keith Anthony Campbell Shannon Marie Powers-Solomon; Wells Fargo Advisors, LLC Los Angeles, California pro se Judy Louie, Esq. Failure to supervise; negligence; failure to follow instructions; misrepresentations; suitability Mutual bond funds $39,163.00 (compensatory) n/a $4,337.00 (interest) Robert A. Lombardi (P) n/a Public
11-01055 03/11/11 02/09/12 In favor of Claimant John Andre’ Francois Zions Direct, Inc. Las Vegas, Nevada Mitchell Markowitz Bart K. Larsen, Esq. fraud; negligent misrepresentation; breach of fiduciary duty and breach of the covenant of good faith and fair dealing; negligent supervision; breach of conduct; section 20 violations; respondeat superior Franklin Fund on margin credit $251,822.00 (compensatory); $371,289.41 (compensatory); $576,000.00 (compensatory) $35,750.00 (compensatory damages); $300.00 (filing fee) filing fees; hearing fees; costs; Laurel Littman Gothelf (P) Thomas J. Tanksley (P); Daniel Clay McGuire (P) Public
10-05214 11/15/10 02/08/12 Claims settled Pell/Cruz Investments, Inc. J.P. Turner & Company, L.L.C. Miami, Florida D. Daxton White, Esq. Leila M. Mehrizi, Esq. Common law fraud; breach of fiduciary duty; negligent failure to supervise; negligence and violation of Florida Statute Section 517.301 Tenants-in-common investments $2,400,000.00 (compensatory) n/a Interest; costs; expenses Jerrold Levine (P) Syma S. Kasdin (P); Adrien Sapiro (NP) Mixed
11-00210 01/18/11 02/08/12 In favor of Claimaint Marie Travisano Edward Jones; Gregory Robert Grimshaw Raleigh, North Carolina C.D. Heidgerd, Esq.; Eric D. Edwards, Esq. Dennis J. Capriglione, Esq. Breach of fiduciary duty; failure to supervise; failure of duty to advise not to invest; unsuitability Federated High Income Bond Fund Class A; Franklin Income Fund; Lincoln National Variable annuity; Protective Life Ins. Annuity; Capital Income Builder; Income Fund of America; Federated American Leaders; Federated Market Opportunity $38,300.50 (compensatory) $38,300.50 (compensatory) Interest; attorneys’ fees; costs Patricia Ann Tracey (P) n/a Public
11-00948 02/28/11 02/08/12 Claims dismissed Robert Vaudry Charles Schwab & Co., Inc. New York, New York pro se Mauricio S. Beugelmans, Esq. incorrect execution price; failure to execute; error with trading platform; delay; manipulation Unspecified Securities $250,000.00 (compensatory) n/a attorneys’ fees; interest; costs Robert Pincus (P) Jettie K. Thomas (P); Joan Seewald Brodsky (NP) Mixed
09-02544 05/05/09 02/07/12 Claims denied John Karl Agamalian; John Karl Agamalian Family Trust; The Adams Family Trust; The Elizabeth Agamalian Family Trust Michael P. Farah; Wedbush Securities Inc. Los Angeles, California Lon B. Isaacson, Esq. David Harrison, Esq.; Charles LaChaussee, Esq. fraud; negligent misrepresentation; breach of contract; elder financial abuse; constructive fraud Investment grade bonds; collateralized mortgage obligations; unspecified securities $1,000,000.00 (actual); $4,000,000.00 (punitive) n/a costs Kendall C. Reed (P) Robert D. Sussin (P); Robert P. Clifford (NP) Mixed
10-00053 01/04/10 02/07/12 In favor of Claimaint Richard C. & Nancy J. Carsberg GunnAllen Financial, Inc.; Neal Smalbach Tampa, Florida Stephen D. Spivey, Esq. Fred N. Knopf, Esq. violations of the Florida Securities and Investor Protection Act, the Securities Act of 1934, the Securities Exchange Act of 1933, FINRA rules, and state and federal law; fraud; misrepresentation/non-disclosure; omission of facts; unsuitability; negligent supervision; breach of contract; negligence; failure to supervise; breach of fiduciary duty Jackson National Life Annuity; Royal Energy, Inc; Provident Asset Management LLC, Shale Royalties investment $124,804.42 (compensatory) $124,804.42 (compensatory); $225.00 (FINRA filing fee) recissionary damages as defined by Florida Statutes §517.211(3)(b); interest; costs; punitive damages; attorneys’ fees Russell W. Merriman (P) n/a Public
10-04934 11/02/10 02/07/12 Claims dismissed Virginia E. Oakes Bernard Conrad Jongewaard; Mark Gardner Jongewaard; Playa Financial Advisors, Inc.; Associated Securities Corp.; LPL f/k/a Linsco/Private Ledger Corp. Los Angeles, California George K. Rosenstock, Esq. Brad Jacobs, Esq. Breach of contract; breach of the implied covenant of good faith and fair dealing; breach of fiduciary duty; violation of FINRA Rule 2010; violation of FINRA Rule 2020; violation of NASD conduct Rule 2310; negligence; fraud or deceit; violation of section 10B-5 of the Securities and Exchange Act; violation of California Business and Professions Code Section 17200 blue-chip securities $318,194.00 (compensatory); $636,388.00 (punitive) n/a Consequential damages; costs; attorneys’ fees Roberta Haft (P) Neil S. Jasper (P); Joy Diane Williams (NP) Mixed
11-02225 06/01/11 02/07/12 Claims denied Rickey Lynn Brogan TD Ameritrade, Inc. n/a pro se William M. Mann, Esq. Sale of stock at a low price in the pre-market sale Seahawk Drilling Inc. $16,370.00 (compensatory); $5,000.00 (punitive) n/a $450.00 (costs) Arthur L. Tepper (P) n/a Public
11-00239 01/18/11 02/06/12 Claims dismissed Pavonia Investments, SA (Bahamas) RBC Capital Markets Corporation Miami, Florida John J. Muldoon, III, Esq. Katherine C. Donlon, Esq. Breach of fiduciary duty; churning; manipulations; misrepresentations; omissions; suitability; failure to supervise Unspecified equity stocks and the alleged strategy of trading options, including naked puts $2,500,000.00 (compensatory) n/a Cancellation of any debit balance; punitive/treble damages; attorneys’ fees; interest; costs Barry K. Thorpe (P) Bernard A. Becker (P); Barth Satuloff (P) Public
10-04616 10/13/10 02/03/12 In favor of Claimaint Randall A. Tommerup, Individually and as Sole Member of R. Tommerup-Executive Park, LLC; R. Tommerup-Arrowhead, LLC; Helen E. Tommerup, Individually and as Sole Member of H. Tommerup-Executive Park, LLC; H. Tommerup-Arrowhead, LLC Waveland Capital Partners LLC; Melvin T. Day, II Helena, Montana Kalju Nekvasil, Esq. Jeffrey S. Kob, Esq.; Dennis James, Esq. Violations of Federal Securities Laws; violation of the Securities Act of Montana; violation of the Montana Unfair Trade Practices and Consumer Protection Act; violation of Utah Securities Act; breach of contract; common law fraud; breach of fiduciary duty; negligence and gross negligence DBSI Executive Park LLC, Tenant in Common; DBSI Arrowhead, LLC 1965, 1705 & 1715 Indian Woods Circle, Tenant in Common $410,000.00 (cempensatory) $301,875.00 (compensatory), $87,545.00 (interest included); $2,000 (attorneys’ fees); $25,000.00 (discovery sanctions) Bargain damages; lost opportunity costs; model portfolio damages; prejudgment interest; costs and reasonable attorneys’ fees; punitive damages Laurie E. Law (P) Keith C. Folkman (P); Steven Thomas Larsen (NP) Mixed
10-04956 11/03/10 02/03/12 Claims dismissed John Lewis Colvin, Jr., Executor o/b/o Estate of Carolyn Colvin Ameriprise Financial Services, Inc.; Patricia Anne Hatcher; Charlton Havard Lyons, IV; Mark McCrocklin New Orleans, Louisiana Fredrick R. Tulley, Esq. Geddes D. Anderson, Esq. Breach of fiduciary duty; fraud; misrepresentations/non-disclosures; breach of contract; negligence unspecified securities unspecified compensatory damages n/a interest; attorneys’ fees Allen J. Krouse, III (P) Jason G. Ourso (P); William B. Miller (NP) Mixed
10-05324 11/23/10 02/03/12 Claims settled Luis R. Rosario Serrano; Ana Maria Rosa Garcia Popular Securities, Inc. San Juan, Puerto Rico Adolfo J. Anzola, Esq.; Michael P. Amad, Esq. Heidi Rodriguez, Esq.; Maritere Colon- Dominguez, Esq. Violation of duties owed to Claimants; negligence and breach of fiduciary duty; breach of contract; failure to supervise Puerto Rico Conservation Trust Fund $325,000.00 (compensatory) n/a Interest; punitive damages; costs Mark C. Perry (P) Elena G. Rodriguez (P); Daniel P. Lund (P) Public
10-05263 11/18/10 02/02/12 In favor of Claimaint Stephen and Diane Levine Guardian Investor Services, LLC; Park Avenue Securities, LLC Boca Raton, Florida Kristian P. Kraszewski, Esq. John C. Kelly, Esq. Breach of fiduciary duty; violation of FINRA rules; breach of contract; negligence; failure to supervise; violation of the Florida Securities Act Unspecified variable annuities $1,310,000.00 (compensatory) $300,000.00 (compensatory); pre-judgment interest; post judgment interest attorneys’ fees; punitive damages Paul W. Sterman (P) Steven Gerard Goerke (P); Robert H. Loevin (P) Public
11-00269 01/18/11 02/02/12 In favor of Claimaint Alan H. Begun; Rhonda C. Begun Basis Financial, LLC; Armen Karapetyan Las Vegas, Nevada David Liebrader, Esq. Richard E. Brodsky, Esq. Breach of contract Settlement agreement $78,000.00 (compensatory) $37,000.00 (principal); $25,033.89 (interest) Pre-award and post-award interest at the maximum rate allowed by law from the date of the original investments; Cost of arbitration and expenses including reasonable attorneys’ fees, expert witness fees Bruce R. Heurlin (P) n/a Public
11-01165 01/10/11 02/02/12 In favor of Claimant against Denisov and Voloshin Inokentiy Osadchyy Aleksandr Yurievich Denisov; Penson Financial Services, Inc.; Pinnacle Securities, L.P.; San Francisco Securities, Inc.; Naum Voloshin New York, New York Nicholas J. Guiliano, Esq. Yoav M. Griver, Esq. Violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934; violations of Section 12 of the Securities Act of 1933; conversion; breach of fiduciary duty; negligent failure to supervise; common law fraud Unspecified Securities $302,426.00 (compensatory) $203,280.00 (compensatory); $21,344.40 (interest) Interest; punitive damages (unspecified); attorneys’ fees and costs; other relief that is just, fair and equitable Robert S. Getman (P); Aubrey Lees (P); Robert Francis Geary, Sr. (NP) Mixed
10-03886 08/25/10 02/01/12 In favor of Claimaint P. Anne Giannini Raymond Lawrence Lent; William Hall Servis, Jr.; Joseph Stephen Niederkorn; David Granville McClurg; McClurg Capital Corporation; Tracy Anne McClurg;
The McClurg Family Trust
San Francisco, California Timothy A. Canning, Esq. Edward S. Zusman, Esq. Violation of the California Corporate Securities Law; violation of California Consumer Legal Remedies Act; breach of fiduciary duty; lack of supervision; control person liability; breach of contract; fraudulent misrepresentation Livestock commodity funds comprised of grain futures and altemative energy ETF’s; mutual funds; variable annuity $153,981.55 to $196,070.07 (compensatory) $23,000.00 (compensatory) arbitration costs; punitive damages Thomas J. LoSavio (P) Michelle Judy Brant (P); James D. Murray (NP) Mixed
11-00578 02/09/11 02/01/12 Claims denied Lawrence I. Barr; Estate of Perry I. Barr; Jamie B. Tyszka Stanley Lerner; Morgan Stanley & Co., Incorporated Philadelphia, Pennsylvania Steven C. Forman, Esq. John Castelly, Esq. Breach of fiduciary duty; failure to follow instructions to sell securities Unspecified securities $237,015.00 (compensatory) n/a n/a Benjamin F. Richards, Jr. (P) Guillermo L. Bosch (P); David M. Panko (NP) Mixed
10-04520 10/05/10 01/31/12 Claims dismissed Margaret A. Wendt UBS Financial Services Inc. Los Angeles, California Jed Gladstein, Esq. Neal S. Robb, Esq. Negligence; breach of fiduciary duty; intentional misrepresentation; unauthorized trading; unsuitable investing; invasion of privacy; failure to supervise; intentional infliction of emotional distress; financial abuse and/or elder abuse; unfair and deceptive business practices; unlawful discrimination in violation of the Unruh Civil Rights Act Unspecified securities; revolving credit program $750,000.00 (economic and non-economic); $750,000.00 (pain and suffering); $2,250,000.00 (treble damages) n/a Punitive damages; interest; attorneys’ fees; costs Thanayi J. Lindsey (P) Laurent C. Vonderweidt (P); Kirtley M. Thiesmeyer (P) Public
11-01991 05/11/11 01/31/12 In favor of Claimant Everest Properties II, LLC Retirement Capital Group Securities, Inc. Los Angeles, California Erik O. Valderhaug, Esq. Kimberly A. Montonati negligence; fraud, deceit and omission of material facts; breach of fiduciary duty and breach of trust; violation of FINRA rules and regulations; breach of contract and breach of implied covenant of good faith and fair dealing Insurance policies offered by the Lincoln National Life Insurance Company $59,928.28 (compensatory) $59,928.28 (compensatory); interest (10% per annum); $225.0 (filing fee) Prejudgment interest; costs of arbitration; filing fees; hearing fees; attorneys’ fees; such other and further relief as the Arbitrator may deem just and proper Herbert Murez (P) n/a Public
08-01120 04/15/08 01/30/12 Claims dismissed Glenna B. Flautt Morgan Keegan & Company, Inc. Memphis, Tennessee Dale Ledbetter, Esq.; William Gladden Esq. John S. Golwen, Esq.; Christopher G. Lazarini, Esq.; William G. Whitman, Esq. misrepresentations and omissions; unsuitable investments; breach of fiduciary duty; negligence; failure of supervision; breach of contract; vicarious liability; violation of the Tennessee Securities Act and the Tennessee Consumer Protection Act; violation of FINRA rules RMK Multi-Sector High Income Fund; RMK Select Intermediate Bond Fund – “A” shares; RMK Select High Income Fund $1,548,000.00 (compensatory) n/a Interest; attorneys’ fees; punitive damages Guy K. Stewart, Jr. (P) Edward B. Scott (P); Thomas Richard Delaney, II (NP) Mixed
10-05074 11/09/10 01/28/12 Claims denied Donn Philip Crane Jeramy Heath; Morgan Stanley Smith Barney Albany, New York pro se Bernard B. Kornmehl, Esq.; Kenneth J. Haim, Esq. Breach of fiduciary duty; common law fraud; misrepresentetion/non-disclosures; omissions of facts; unsuitability; breach of contract; failure to supervise; negligence; and violations of Section 10(b) of the Securities Exchange Act of 1934 and SEC rules Hancock Venture III variable annuity $13,547.40 (compensatory) n/a attorneys’ fees; expenses; costs Jennifer L. Bliss (P) n/a Public
10-01601 04/01/10 01/27/12 In favor of Claimaint Willis F. Dunlap & Wayne T. Dunlap – TTEES Helen Dunlap Trust; Willis F. Dunlap – TTEE Willis F. Dunlap Trust Raymond James Financial Services, Inc.; Jay B. Harriman Philadelphia, Pennsylvania James R. Anderson, Esq. Terrance A. Bostic, Esq. Misrepresentations of material facts; omission of facts; negligence; churning; unsuitability; breach of fiduciary duty; fraud; failure to supervise; FINRA rule violations; Pennsylvania state law violations unspecified securities $129,406.00 (compensatory) $15,000.00 (compensatory); $300.00 (filing fee) $29,116.00 (interest); $52,312.00 (attorneys’ fees) E. William Pastor (P) Catherine Stewart (P); Karen R. Perri (NP) Mixed
11-02361 06/13/11 01/27/12 Claims settled Richard Kerian E*Trade Securities LLC Newark, New Jersey David E. Robbins, Esq. Meredith Felde, Esq. Misrpresentation and omissions; breach of fiduciary duty; violation of FINRA’s Conduct Rules; negligent supervision Auction Rate Securities (ARS) municipla bonds $280,000.00 (rescission) n/a Interest at New Jersey’s legal rate from the date the auction failed until the award is rendered by the arbitrators; attorneys’ fees; experts’ fees; costs S. Charles Tabak (P) Louis H. Miron (P); Walter A. Kapuscinski (NP) Mixed
10-04395 09/23/10 01/12/12 In favor of Claimaint Peter P. Reddy, Sr. E*Trade Securities LLC San Francisco, California Esther Kim, Esq. Meredith Felde, Esq. Negligence Inverness Medical $22,059.19 (compensatory) $12,132.55 (actual); $1,102.97 (interest) $2,205.91 (interest at 10%); attorneys’ fees John Patrick Kelly (P) n/a Public
03-03322 05/06/03 03/30/12 Claims settled F. David Tutt; Gloria R. Tutt TD Waterhouse Investor Services, Inc. (TDW); Andrew Garrett, Inc. (AGI; Lawrence A. Clasby; Midwest Discount Brokers, Inc. (MDB); Clasby Investment Management, Inc. (CIM) New Orleans, LA Joseph C. Peiffer, Esq.; Jason W. Burge, Esq. TDW – Miles D. Hart, Esq.,; AGI and MDB – Thomas K. Potter, III, Esq.; CIM and Clasby – did not appear in this matter Violation of Louisiana Blue Sky Laws; Breach of fiduciary duty; Breach of contract; Unjust enrichment XAIBE, Inc. (Polarshield) stock > $1,000,000.00 (compensatory) Clasby – $1,149,902.20 plus interest at the Louisiana legal interest rate in compensatory damages; $50,000 (attorney’s fees); $375 (claim filing fee) Reimbursement for all margin interest; commissions and fees paid by
Claimants; loss of income that would have been received had Claimants’ account been
managed properly; all other losses that Claimants have suffered; attorneys’
fees, costs, pre- and post-judgment interest; for all other sums to which they are
entitled at law or equity.
Robert S. Rooth. J.D. (P) N/A Public
08-03389 09/19/08 03/27/12 Claims dismissed. GameTech International, Inc. Roland Hansalik; Lars Jacobson; Lehman Brothers Inc. Reno, Nevada Robert B. Bieck, Jr., Esq. Hansalik and Jacobson – Philip E. Cook, Esq; Sabrina Fernandez, Esq.; Lehman Brothers Inc. did not enter an appearance in this matter Suitability; Breach of fiduciary duty; Breach of oral contract; Breach of written contract; Negligence; Gross negligence; Negligent misrepresentation; Omission Auction Rate Securities (ARS): Athilon 05 A, Ballantyne D,
Grand Central, NorthCastle I, NorthCastle III, Potomac 04-XI, Primus NT 05 A, INC 2004-2
$1,100,000.00 (compensatory); $2,200,000.00 (punitive) N/A Respondents Lehman Brothers Inc., Hansalik and Jacobson buy back Claimants
ARS investments; Attorneys’ fees and costs; All other general and equitable relief to which Claimant may be entitled.
HertDert Libemian (P) David R. Finch (P); Robert G. Miller (NP) Mixed
08-03566 10/02/08 03/01/12 Claims dismissed. Gene Holcomb Morgan Keegan & Company, Inc. Memphis, Tennessee Dale Ledbetter, Esq. John S. Golwen, Esq.; Michael A. Brady, Esq; William G. Whitman, Esq. Breach of fiduciary duty; Misrepresentation; Omissions; Unsuitable investments; Negligence; Failure of supervision; Breach of contract; Vicarious liability; Violation of FINRA rules RMK High Income Fund; RMK Strategic
Income Fund; RMK Advantage Income Fund; RMK Multi-Sector High Income Fund
$750,000.00 (compensatory) N/A Interest and costs in compensatory; unspecified punitive Martin Mandel (P) Joseph I. Liebman (P); Jerry L. Riggins (NP) Mixed
08-04100 11/05/08 03/13/12 Claimants and Citigroup Global Markets, Inc. settled; Gary Ray Fournier – claims dismissed. Tracy Austin; Scott Holt Citigroup Global Markets, Inc.; Gary Ray Fournier Los Angeles, California Steven M. Goldberg, Esq. Citigroup Global Markets, Inc. – William A. Hohauser. Esq.; Gary Ray Fournier – Michele R. Fron, Esq. Breach of fiduciary duty; Fraud; Negligence unspecified bonds >$500,000.00 (compensatory) N/A Sufficient punitive and exemplary damages; Attorneys’ fees and costs; Other and further relief as may be permitted by law. Arthur T. Berggren (P) Robert D Sussin (P); Jon A. Bostrom (NP) Mixed
08-04742 12/11/08 03/16/12 In favor of Claimant Corbin Robertson III; Corbin Robertson III as General Partner of the Lion Fund Morgan Keegan & Company, Inc. Houston, Texas Fletcher V. Trammell, Esq. G. Wayne Hillis, Esq. Misrepresentations and omissions; Violation of the Tennessee Securities Act; Violation of the Tennessee Consumer Protection Act; Violation of NASD Conduct Rules; Negligence; Failure to supervise; Fraudulent misrepresentation; Vicarious liability RMK High Income Fund; Advantage
Income Fund; Multi-Sector High Income Fund; Strategic Income Fund
$7,674,266.03 (compensatory) $159,683.00(compensatory); $45,824.25 (costs); $600.00 (filing fee) Unspecified punitive; Interest; Attorneys’ Fees; Other Costs; Other Monetary Relief Antoinette M. Romano (P) Allan R. Lazor (P); Carlton A. Butler (NP) Mixed
09-03464 06/08/09 03/13/12 Claims dismissed. Ora Hodges; Paul D. Kay James Arthur Kujawski; Kristin Long; Morgan Stanley & Co., Incorporated; Morgan Stanley Smith Barney Washington, D.C. Ora Hodges (Pro Se) Morgan Stanley & Co., Incorporated (“MSCO”) and Morgan Stanley
Smith Barney (“MSSB”) – Christopher Wilson; James Arthur Kujawski (pro se); Kristin Long (pro se)
Negligence; Negligent supervision; Intentional and/or negligent misrepresentation; Breach of fiduciary duty; Violations of industry rules and regulations AXA variable annuities $600,000.00 (compensatory); $2,400,000.00 (punitive) N/A Rescission; Refund of all funds transferred to Respondents; Interest on all funds entrusted to Respondents; Repayment of any costs or adverse tax consequences incurred due to the acts of Respondents; Refund of commissions paid; Attorneys’ fees and costs; any other such relief that the Panel deemed just and equitable. William H. Malloy, Jr. (P) William Stephen McGee (P); Nickey D. Turner (NP) Mixed
09 03823 06/17/09 03/23/12 Claims dismissed Phensri Kalmbach RBC Capital Markets LLC Philadelphia, Pennsylvania Dobra O. Speyer, Esq. Donnis C. Dico, Esq., Unsuitability; misrepresentation and omission of funds; Negligence; Breach of fiduciary duty; Breach of contract; Respondent superior; Violation of the Pennsylvania Unfair Trade Practices & Consumer Protection Law; Violation of the Pennsylvania Securities Act; Failure to supervise unspecified > 3,000,000 (compensatory) N/A unspecified punitive; fees in compensatory; disgorgement of all commissions and fees, costs and expenses; attorney’s fees Jerry Schuchman (P) John T. Hausladen (NP) Mixed
09-04124 07/10/09 03/28/12 In favor of Claimant Citigroup Global Markets, Inc. Peter F. Bougdanos; Laura I. Bougdanos New York, New York Cari A. Lewis, Esq. Peter F. Bougdanos (Pro Se); Laura I. Bougdanos (Pro Se) Breach of contract; Unpaid debit balance; Collection unspecified $37,951.59 (compensatory) $37,951.59 (compensatory); 9% interest per annum; $12,650.53 (attorney’s fees) Interest; Attorneys’ fees; Costs; any other. Howard D. Jacob (P) N/A Public
09-04371 07/21/09 03/27/12 Claims denied Kelly Dunne Russell O. Ruffino; Ruffino & Associates, Inc.; Transamerica Financial Advisors, Inc. Los Angeles, California Charles W. Brower, II, Esq. Joseph C. Coates,
III, Esq.
Breach of fiduciary duty; Intentional misrepresentation; Concealment of facts unspecified $30,000.00 – $2,000,000.00 (compensatory) N/A unspecified punitive; $300,000.00 – $400,000.00 (attorney’s fees) Sandra L. Maiek (P) David L. Maislen (P); John Alen DeRosa (NP) Mixed
09-05604 09/24/09 03/16/12 In favor of claimant Lorraine E. Welch Shaw Citigroup Global Markets, Inc. New Orleans, Louisiana Sidney W. Jackson, III, Esq. Larry E. Mobley, Esq. Failure to supervise; Failure to monitor; Negligence; Wantonness; Breach of fiduciary duty; Legal fraud; Mistaken misrepresentation; Laches annuity $140,823.44 (compensatory) $40,000.00 (compensatory) plus interest at the rate of 6% accruing from September 24, 2009 until the
date of payment of the Award; $1,000.00 (expert witness fees); $300.00 (claim filing fee)
$100,000.00 (mental anguish/emotional distress) Exemplary damages at the discretion of the arbitrators (Panel);
$250.00 (costs and fees); $2,000.00 (expert fee); Attorneys’ fees equal to one-third of the Award.
Onnig Hatchig Dombalagian (P) Allen J . Krouse, III (P); Dale A. Kaliszeski (NP) Mixed
09-05757 10/05/09 03/12/12 Claims dismissed Paul J. McDonough Ellen McDonough, JT TEN Charles Schwab & Co.. Inc; Kimon P. Daifotis Chicago. Illinois Christopher T. Vernon. Esq. Audette P. Morales.
Esq.
Breach of duties owed by Respondents to Claimants; breach of duty and violation of laws, rules, and regulations governing the securities industry; and vicarious liability for the acts, practices, omissions and courses of conduct of Kimon Daifotis Schwab YieldPlus Fund $661,314.62 (compensatory) N/A unspecified punitive; interest; attorney’s fees; other costs; other monetary relief; non-monetary relief Mark L. Miller (P) Richard R. Bteek (P); Susan K. Franz (NP) Mixed
09-06438 11/10/09 03/15/12 Claims dismissed Nathan Friedlander; Harris Friedlander Trust U/A DTD 7/25/89; Nathan Friedlander & Joan Friedlander Charles Schwab & Co., Inc. New Orleans, Louisiana Tom Shine, Esq. Evelyn Best, Esq. Negligence; Negligent misrepresentation; Breach of fiduciary duty; Breach of contract, Fraud in the inducement; Common law fraud; Violations of the Alabama Securities Act (Ala. Code §§ 8-6-17(1 )-(3) and 8-6-19(a)); control person liability; Respondeat superior Schwab YieldPlus Fund at least $109,650.00 (compensatory) N/A unspecified punitive; costs and forum fees; pre-award interest at the Alabama statutory
interest rate from the date Claimants purchased their Schwab YieldPlus Fund securities;
post-award interest at the Alabama statutory interest rate from the date of the award
through the date of payment; attorneys’ fees; punitive damages; and, such
other relief as the Panel deemed appropriate.
R. Lee Britton Jr. (P) Constance K. Barron (P); Cynthia Lee Traina (NP) Mixed
09-06817 11/23/09 03/06/12 Claims dismissed Carole Ann Helman, Individually and for her IRA Citigroup Global Markets, Inc. Boca Raton, Florida Mindy Helman Jeffrey L. Friedman, Esq.. Breach of written contract; Breach of fiduciary duty; Failure to supervise; negligence and gross negligence; Misrepresentation and omissions; Fraud and constructive fraud; Violation of NYSE, NASD and/or FINRA Rules; Violation of the federal securities laws Pimco Total Return; Renaissance Large Cap Growth; Van Kampen International Growth; MDT All Cap Core;
NFJ Concentrated Value; and, unspecified mortgage backed securities.
$1,000,000.00 (compensatory) N/A unspecified punitive; Under-performance damages; Interest at the legal rate on all sums recovered; Attorneys’ fees and costs; other relief. Paul W. Sterman (P) Stan West (P); Alvin Abraham Simon (P) Public
10-00507 02/01/10 03/01/12 Claims dismissed Jaimie Davis WFP Securities Corporation; Curtis Jerome Sathre, III; John Evan Schooler Los Angeles, California Jaimie Davis (Pro Se) Brandon Reif, Esq. Negligence; Breach of fiduciary duty; Breach of contract; Failure to supervise and control personal liability; Violation of California Corporations Code Striker Partnere, DBSI Denton Court, Medical Capital, Castle Pines, Grandview Partner IRA, Spruce Heights, Santa Fe Partnere. Behringer Harvard REIT,
Desert Capital REIT, Texas Keystone 2004, Texas Keystone 2005, Waveland, Texas
Energy Exoro, Texas Energy Texoma 2, Texas Energy Red River, Reef, Patriot
Minerals, and Texas Energy Equitas
$2,467,615.00 (compensatory) N/A $455,046.07 (attorneys fees and costs) Thomas R. Watkins (P) Judith Porter(P); Gerald C. Tambe (NP) Mixed
10-00638 02/08/10 03/08/12 Claims dismissed The Sunrise Trust Timothy Frank McElroy; Morgan Stanley & Co. Incorporated Las Vegas. Nevada Susan King Anthony L. Valenzuela. Esq. Breach of fiduciary duty; Negligence. Unspecified >$125,000.00 (compensatory) N/A unspecified punitive; unspecified exemplary; Consequential damages; Disgorgement and restitution of all earnings, profits, and compensation; Pre-award and post-award interest at the maximum rate allowed by law;
Costs and expenses
Joe S. Tarrer, III (P) James H. McAvoy, Sr. (P); Alan J . Duncan (NP) Mixed
10-00860 02/23/10 11/17/12 In favor of Claimant Christopher Puglisi Citigroup Global Markets, Inc. Newark, New Jersey Philip M. Aidikoff,
Esq.; Ryan Bakhtiari, Esq.
Hugo A. Hilgendorff, IV, Esq.; Matthew Plant, Esq.; Richard Szuch, Esq., Breach of fiduciary duty; Breach of contract; Fraud; Violations of FINRA, NASD and NYSE Rules; Unsuitability; Failure to supervise; Respondent superior MAT Five bond
fund
$706,759.00 to $861,008.00 (compensatory) $706,759.00 (compensatory); $375.00 (filing fee); 50% of all court reporter fees unspecified punitive; Interest; attorneys’ fees; rescission; all other relief that the Panel may award Margaret Leggett Tarver (P) Edith M. Novack (P); Neal D.Baker (P) Public
10-01086 03/05/10 03/09/12 Parties settled Debus Kazan & Westerhausen, DB Plan DTD 02/01/03 Lana Elizabeth Hock; Leah Hoffman; Robert W. Baird & Co. Incorporated Phoenix, Arizona Jon A. Titus, Esq. Edwin F. Barkel, Esq. Arizona securities fraud – misrepresentations and omissions; Negligence; Breach of fiduciary duty, Breach of trust and breach of agency; Negligent supervision; Control pereon liability; Constnjctive fraud; Consumer fraud; Negligent misrepresentation unspecified equity mutual funds; FSIRX fund $300,000.00 (actual damages) N/A Disgorgement of all commissions and management fees paid;
Interest on the principal invested at the legal rate of 10% from the dates of
Claimants investment until paid; Reasonable attorneys’ fees, costs and other expenses incurred; Such other relief as the Panel may deem appropriate
Joe S. Tarrer, III (P) John H. Feamow (P); Robert Miller Lawder (NP) Mixed
10-01102 03/08/10 03/14/12 In favor of Claimant Maureen B. Joyce Wells Fargo Advisors, LLC Boston, Massachusetts Peter M. Bizinkauskas, Esq. Brady J. Hermann, Esq. Violation of Massachusetts General Laws Chapter 93A; Negligence; Breach of contract; Fraud; Wrongful conversion; Breach of fiduciary duty; Violation of Section 10(b) of the Securities Act of 1934 unspecified $250,000.0 (compensatory); $500,000.00 (punitive) $14,145.86 (compensatory); $20,000.00 (attorney’s fees); $3,500.00 (witness fees) unspecified consequential damages; pre-award interest; costs and forum fees; reasonable attorneys’ fees B. John Dill (P) Irene Scharf (P); Amy Lampert (NP) Mixed
10-01522 03/29/10 03/08/12 Claims settled Robert Schuiz Fidelity Brokerage Services LLC New York, New York Vincent J. Imbesi, Esq. Melissa Hegger Shea, Esq. Failure to supervise; Unsuitability; Breach of fiduciary duty; Negligence; Omissions; Misrepresentations; Breach of contract; Over concentration; Breach of good faith. unspecified $64,000.00 (compensatory N/A unspecified punitive; lost interest; post-award interest at the statutory rate; attorneys’ fees;
costs
Sam Antar (P) N/A Public
10-01922 04/21/10 03/12/12 In favor of Claimant Narayan S. Madisetti OptionsXpress, Inc. New York, New York Richard M. Duignan, Esq James M. Moriarty, Esq. Breach of contract; Failure to supervise; Gross negligence; Breach of fiduciary duty; Excessive trading; Unsuitability unspecified $704,000.00 (compensatory) $16,500.00 (compensatory) $14,700.00 per annum for the loss of estimated mutual fund income,
attorneys’ fees, costs
Brian J. Burttin (P) Karen I. Bedrosian-Richardson (P); David F. Greenberg (NP) Mixed
10-02060 05/01/10 03/20/12 Claims dismissed CLD, LLC; Tracy T. Nassar; David S. Nassar Drew D. Corradini; Goldman, Sachs and Company Denver, Colorado Robert W. Hutchinson, Esq. Joseph E.
Floren, Esq.
Breach of fiduciary duty; Negligence; Securities fraud; Common law fraud; Respondeat superior; Failure to supervise; Control person liability Goldman Sachs Mortgage Credit Opportunities Fund, L.P.; Midway Gold Stock $325,467.26 (compensatory); $451,467.26 (punitive) N/A Tax losses; $126,000.00 (commission charged); $620,000.00 (losses); Attorneys’ fees Susan M. Thevenet (P) Samuel Clinton O’Daniel (P); Charies A. Newton (NP) Mixed
10-02830 06/16/10 03/14/12 Claims dismissed Lloyd E. Geldrelch, Individually and as Trustee of the Lloyd E. Geldrelch Trust WM Financial Services, Inc. n/k/a Chase; Investment Services Corp.; Michael Ruben Craggett, Jr. Seattle, Washington Jacob H. Zamansky, Esq. Elizabeth M. Hill, Esq. Securities fraud; Common law fraud; Fraudulent misrepresentation and omission; Unsuitability; Overconcentration; Failure to supervise; Negligence; Breach of fiduciary duty; Breach of contract; Violations of Washington state securities laws and applicable FINRA rules and Industry standards Lehman Brothers’ notes and bonds $633,000.00 (compensatory) N/A Unspecified punitive; costs; attorneys’ fees; expert’s fees; forum fees of this arbitration Roy J . Moceri (P) Lawrence E. Little (P); Judith A. Cochrane (NP) Mixed
10-02924 06/22/10 03/13/12 Claims dismissed John Morgan Burch SWS Financial Services; Cathy L. Lombard-Conner;
Lombard-Smith Investment, Inc.
Oklahoma City, Oklahoma Sheldon B. Swann, Esq.; Clell I. Cunningham. Ill, Esq. Brian J . Hurst,
Esq.; Jerry Wade, Esq.
Negligence or gross negligence; Breach of fiduciary duties; Violation of 71 O.S. § 408(c)(2); Breach of implied contract unspecified equity positions $291,841.00 (compensatory); $291,841.00 punitive N/A Interest; Attorneys’ Fees; Other Costs Robert L. Yaeger, III (P) Thomas Bentley Baines (P); Michael R. Prescott (NP) Mixed
10-02971 06/25/10 03/29/12 In favor of claimant John Murphy Citigroup Global Markets, Inc. Boca Raton, Florida Jeffrey Erez, Esq. Jon A.
Jacobson, Esq.
Breach of fiduciary duty; Negligence; Negligent supervision; Fraud; Breach of contract Fannie Mae preferred stock Between $100,000.00 and $500,000.00 (compensatory) $250,000.00 (compensatory) unspecified punitive; interest; costs David M. Levine (P) Camille Besold (P); Jon Stanley Spisiak (NP) Mixed
10-03173 07/12/10 03/12/12 Claims dismissed Joseph Ditillo UBS Financial Services, Inc; Christopher Caufleld New York, New York Joseph Ditillo (Pro se) Jon D. Kaplon, Esq. Unsuitability; Concentration/failure to diversify; Unauthorized trading; Improper use of margin; Breach of contract; Breach of fiduciary duty; Negligence DIREXION SHS ETF
TRUST funds
$102,573.44 (compensatory) N/A unspecified punitive; costs; attorneys’ fees William G. Binckes (P) Peter A. Goldman (P); Anthony Charles Ginetto (NP) Mixed
10-03174 07/12/10 03/15/12 In favor of Claimant Osvaldo De Leon; Stephanie Lebron Ricci BBVA Securities of Puerto Rico, Inc.; Adin Rodriguez San Juan, Puerto Rico Harold D.
Vicente-Colon, Esq.
Jose A. Sosa-Llorens, Esq.; Tomas Roman-Santos, Esq. Violation of Section 10(b) of the Securities Exchange Act; Unauthorized trades; Suitability; Churning; Violation of the duty of good faith and fair dealing; Omissions; Negligence; Vicarious liability; Breach of contract; Failure to supervise; Breach of fiduciary duty; Misrepresentations unspecified securities, including Reversible Convertible Securities $1,664,235.00 (compensatory); $1,000,000.00 (punitive) $795,000.00 (compensatory) interest; costs;
expenses; FINRA filing fees; attorneys’ fees
Monroe Mitchel (P) Abigail Falcon-Rosa (P); Joseph J. Slotnik (NP) Mixed
10 03421 07/20/10 03/20/12 Claims dismissed John. Y. Koren J.P. Morgan Securities, LLC Hartford, Connecticut David Valiconti, Esq. Fugone L. Small, Esq. Failure to keep accurate books and records; Failure to timely execute trades; Negligent supervision Bear Stearns stock $250,000.00 (compensatory) N/A interest from 3/14/2008; reasonable attorney’s fees; costs; expenses Kenneth Dymond (P) Sheil J. Caplan (P); Ramy Quint (NP) Mixed
10-03591 08/06/10 03/29/12 Claims dismissed Carlos Conde; Pamela Conde Wilson Dennis Colberg; UBS Financial Services, Inc. New York, New York Francis T. Pagan, Esq. Guillermo J.
Bobonis, Esq.
Unauthorized trading; Breach of contract; Breach of fiduciary duty; Violations of FINRA and NYSE rules JP Morgan Chase & Co. stock $900,000.00 (compensatory) N/A legal fees; costs William G. Binckes (P) Martin A. Edelstein (P); David J. Pine (NP) Mixed
10-03652 08/12/10 03/23/12 Claims dismissed Louis A. Delmauro; Renee Delmauro Ameriprise Financial Services, Inc. New York, New York Benjamin Lapin, SMRC, Inc. Michael J. Zaretsky, Esq. Unsuitability; Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Breach of conduct; Violations of federal securities laws and FINRA rules; Respondeat superior Smith &
Wesson Holding Corp stock; Elan Corp PLC ADR
$100,000.00 (compensatory) N/A reimbursement of all filing and hearing fees; costs relating to expert
witness fees, transcripts and analysis
Robert Andersen (P) N/A Public
10-03700 08/17/10 03/16/12 Claims dismissed Mark Wilton Wachovia Securities, LLC Boca Raton, Florida Todd A. Zuckerbrod, Esq; Maureen A. Ryan, Esq. Bennett Falk, Esq.; Coren Stern, Esq. Breach of contract; Breach of fiduciary duty; Negligence; Negligent supervision; Fraud; Violation of sections 10(b) and 20(a) of the Securities Exchange Act, and Rule 10b-5 of the Securities and Exchange Commission Six Flags, Lazy Days and Washington Mutual bonds;
T.Rowe Price Capital Appreciation Fund
$5,799,953.00 (compensatory) N/A Unspecified punitive; interest; costs; forum fees Bruce K. Isenberg (P) Perry Yale Phillips (P); Eari S. Schwarz (NP) Mixed
10-03760 08/19/10 03/09/12 In favor of Claimant Miguel A. Gaud Popular Securities, Inc. San Juan, Puerto Rico Rafael E. Lugo-Sotomayor, Esq. Heidi L. Rodriguez-Benitez, Esq.; Maritere Colon-Dominguez, Esq. Unsuitability; Unauthorized trading; Breach of fiduciary duty; Gross negligence; Misrepresentations; Omission of facts; Failure to supervise “Secured Notes” of
the Puerto Rico Conservation Trust Fund 5.90% Notes due 2034; Tax-Free Secured
Obligations of the Puerto Rico Investors tax free Family of Funds
$460,000.00 (compensatory) $120,000.00 (compensatory); $300.00 (non-refundable portion of the claim filing fee) Unspecified punitive; interest; costs; rescission; attorneys’ fees Daniel P. Lund (P) Michael Lau (P); S. William Gersten (NP) Mixed
10-04192 09/15/10 03/29/12 Partially found for Claimant James Zeigon; Annie Zeigon First Republic Securities Company, LLC San Francisco, California Cary S. Lapidus, Esq. Sara B. Brody, Esq.; Nathaniel R. Spencer. Esq. Breach of fiduciary duty; Professional negligence; Negligent misrepresentation; Breach of contract; Common law fraud and
deceit; Violation of California Corporations Code Sections 25235, 25238 and 25401; Violation of California Code of Regulations Sections 260.235 and 260.238.
Trainer Wortham First Republic CBO, 111,
LTD. (“TW-FR CBO III”), Trainer Wortham First Republic CBO, IV, LTD. (“TW-FR CBO IV”) and Trainer Wortham First Republic CBO, V, LTD. (“TW-FR CBO V”)
$2,113,297.00 (compensatory) $ 870,631.50 in compensatory to James Zeigon; James Zeigon shall tender to Respondent his TW-FR CBO V ownership rescission of the investments in CBOs and the Fund along with
prejudgment interest to make them whole; Prejudgment interest; Lost opportunity damages;
Attorneys’ fees; Costs of the arbitration; unspecified punitive
Norman S. Nayfach (P) Jeffrey M. Allen (P); Edward J. Harkins(NP) Mixed
10-04202 09/17/10 03/16/12 Claims dismissed Serge Papasergiou; Karen Papasergiou Citigroup Global Markets, Inc. New York, New York Benjamin Lapin Adam Kauff, Esq. Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Breach of conduct; Violation of federal securities laws and FINRA rules; Respondeat superior Citigroup, Barclays
Preferred, Deutche Bank Preferred, and Fannie Mae Preferred stocks
$1,000,000.00 (compensatory) N/A reimbursement of all filing and hearing fees; costs relating to
expert witness fees, transcripts, and analysis
Alfred H. Kjngon (P) Edwin H. Bennett (P); Daniel A. Dolan (NP) Mixed
10-04435 10/01/10 03/09/12 Claims dismissed Arthur M. Coppola TTEE; Arthur M. Coppola Trust U/A DTD 09/04/1996 Merrill Lynch, Pierce, Fenner & Smith, Inc.; Merrill Lynch Bank USA Dallas, Texas Charies W. Gameros, Jr., Esq.; David Reese Clouston, Esq. Ellen B. Sessions, Esq.; Casey L. Moore, Esq. Breach of contract; Fraudulent acts; Account misrepresentations; Gross negligence The Macerich Company (“MAC”) stock $202,229.00 plus $5,163,966.00 (MAC Stock @ 54.00 per share) (compensatory) N/A Unspecified punitive; unspecified interest; $184,000.00 (attorney’s fees); Other Costs Edwin J. Tomko (P) Stephen L. Avard (P); Jeffrey Richard Chiappetta (NP) Mixed
10-04475 10/05/10 03/02/12 Parties settled Lani C. McKinley, Trustee of the Lani McKinley Trust u/t/d 8/28/2007; Lani C. McKinley, as General Partner of Lanfive Associates, a Partnership Manuel David Lozano; Raymond Clifford Reed; Stifel, Nicolaus & Co., Inc. Los Angeles, California Barry P. King, Esq. James C. Browning, Jr., Esq. Violation of NASD rules of conduct; Suitability; Material misrepresentations and omissions of fact; Professional negligence; Breach of fiduciary duties; Negligent misrepresentation; Negligent failure to supervise; Respondeat superior; Breach of contract; Unfair business practices; Violation of the consumer legal remedies act; Elder abuse and dependent adult protection act unspecified equity and mutual fund investments $670,398.00 (compensatory) N/A Unspecified punitive; Disgorgement and/or restitution of monies received from Claimants; Pre-judgment interest; Attorneys’ fees; all costs of suit Suzanne Viau Chamberlain (P) Robert W. Vernon (P); Robert Bruce MacDonald (NP) Mixed
10-04564 10/05/10 03/16/12 In favor of Claimant Mary Rogers as Trustee of the
DeVlncenzo Revocable Living Trust
dated 3-16-1992; Mary Rogers,
Attorney-in-Fact for Anna DeVlncenzo
John Cummings; Morgan Stanley Smith Barney San Francisco, California Ray T. Rockwell, Esq. Jonathan D. Robblns, Esq. Breach of contract; Failure to supervise; Negligence; Breach of fiduciary duty unspecified securities $2,675,000.00 (compensatory) $305,000.00 (compensatory) General damages; Attorneys’ fees; Interest as allowed by law; Costs of suit Incurred herein Walter P. Hitchcock (P) M. Scott Donahey (P); John Edward Bersin (NP) Mixed
10-04587 10/12/10 03/19/12 In favor of Claimant Karen L. Labuda; Sherry A. Leach-Warth; Dariene R. Peterson Royal Alliance Associates, Inc. Los Angeles, California Bruce D. Oakes, Esq Gregory M. Curiey, Esq.; Peter B. Dolan, Esq. Breach of fiduciary duty; Violation of the California securities act; Breach of contract; Negligence; Negligent misrepresentation; Omission; Common law fraud; Negligent supervision Inland Real Estate, and several unspecified variable annuities $1,400,000.00 (compensatory) $75,000.00 compensatory plus interest in the amount of
$172,500.00 to Dariene R. Peterson; $305,000.00 compensatory plus interest in the amount of $320,000.00 to Karen L. Labuda; $270,000.00 compensatory plus interest in the amount of $211,000.00 to Sherry A. Leach-Warth; $10,000.00 in punitive to Dariene R. Peterson; $10,000.00 in punitive to Karen L. Labuda; $10,000.00 in punitive to Sherry A. Leach-Warth; $20,000.00 in expert witness fees and costs to Claimants
Unspecified punitive; Pre-judgment and post-judgment interest; Attorneys’ fees; Forum fees and costs Laurent C. Vondenveidt (P) Sandra L. MaIek (P); Ronald F. Rybandt (NP) Mixed
10-04851 10/21/10 03/01/12 In favor of Claimant Susan Jenkins Crowell, Weedon & Co. Los Angeles, California Robert A. Uhl, Esq.; Lindsey Dodge Elizabeth Lowery, Esq. Wrongful conduct; Breach of fiduciary duty; Breach of written contract; Fraud by misrepresentation and omission; Failure to supervise and control; Violation of state and federal securities laws; Violation of FINRA Rules of Fair Practice and NYSE rules Flaherty & Crumrine/Claymore Preferred Securities Income Fund, Inc., John Hancock Preferred Income Fund III and Nuveen Equity Premium & Growth Fund $51,807.42 (compensatory) $35,513.00 (compensatory) Rescission; Lost opportunity costs; Attorneys’ fees and costs;
Pre-judgment and post-judgment interest at the legal rate;
Robert J. Ruben (P) N/A Public
10-05144 11/12/10 03/05/12 Claims dismissed Harvey William Jester, Jr. UBS Financial Services Inc. Raleigh, North Carolina Andrew Whiteman, Esq. Alise Henry Johnson, Esq. Unfair or deceptive trade practices; Breach of the duty of care; Breach of fiduciary duty Golden American variable annuity policy Between $100,000.00 and $500,000.00 (compensatory) N/A interest; costs; attorney’s fees Denise L. Presley (P) Charles S. Clayton (P); Timothy J. Wright (NP) Mixed
10-05215 11/15/10 03/05/12 In favor of Claimant Frances A. Hannan Trust and Frances A. Hannan, individually and as trustee of the Frances A. Hannan Trust Wachovia Securities, LLC, d/b/a Wells Fargo Advisors, LLC; Patrick Zych Tampa, Florida Lars K. Soreide, Esq. Travis R. Chapin, Esq. Negligence; Breach of fiduciary duty; Negligent supervision; Breach of contract; Fraud preferred shares of Fannie Mae and Freddie Mac $100,000.00 (compensatory) $61,040.00 (compensatory) plus interest; $1,250.00 in costs; $225.00 representing reimbursement of the non-refundable portion of the claim filing fee Unspecified punitive; interest; costs Diana A. Weiner (P) N/A Public
10-05387 11/29/10 03/27/12 Claims dismissed WT Acquisition LLC E*Trade Securities LLC Los Angeles, California Peter S. Dealy Meredith Hoffinan, Esq. Conversion; Breach of fiduciary duty; Breach of contrat; Violation of CA Business and Professions Code § 17200. deposits $35,275.01 (compensatory); $50,000.00 (punitive) N/A All waiting penalties and interest; Attorneys’ fees in the civil action from which this arbitration proceeding arose; restitution Kendall C. Reed (P) N/A Public
10-05539 12/07/10 03/16/12 Claims dismissed David Flatt, individually and as trustee of the David L. Flaat Revocable Trust; Linda Flaat, individually and as trustee of the Linda M. Flaat Revocable Trust Morgan Keegan & Company, Inc. Ft. Lauderdale, Florida David Flaat George D. Sullivan, Esq.; D. Porpoise Evans, Esq., Breach of fiduciary duty; Negligence; Negligent supervision; Fraud; Breach of contract shares of the RMK High Income Fund and the RMK Advantage Income Fund Between $100,000.00 and
$500,000.00 (compensatory)
N/A Unspecified punitive; interest; costs Nancy J. Cliff (P) Linda M. Granata (P); Philip L. Manczak (P) Public
10-05587 12/09/10 03/02/12 In favor of Claimant Barry Rosenfeld Citigroup Global Markets Inc. Tampa, Florida Robert J. Pearl, Esq. Sean J. Coughlin, Esq. Negligence; Unsuitability; False claims; Breach of fiduciary duty; Breach of contract; Respondeat superior; Negligent or reckless failure to supervise unspecified equities $1,000,000.00 (compensatory) $310,000.00 (compensatory) plus interest; $110,000.00 (attorney’s fees); $2,700.00 (costs); $12,000.00 (expert witness fees); $375.00 reimbursement of the non-refundable portion of the claim filing fee Unspecified punitive; disgorgement of profits generated; lost opportunity damages; rescission;
costs; pre-judgment interest at the legal rate of 9% per annum from
date of purchase; attorney’s fees
William S. Glickfield (P) Don Muyskens (P); Oliver J. Janney (P) Public
10-05662 12/20/10 03/30/12 Claims dismissed Edward J. Conroy; Linda A. Stark; Jessica Stark Robert James Siracusano;
Louis V. Siracusano;
Charies Richard Sleezer;
Wachovia Securities Financial Networic;
Wells Fargo Advisors, LLC
New York, New York Linda A. Stark, Esq. Benjamin J. Biard, Esq. Breach of fiduciary duty; Unsuitability; Misrepresentation; Churning; Negligence shares of stock in Citigroup, Comcast, and Washington Mutual $109,466.69 to $134,226.48 (compensatory) N/A Unspecified punitive; interest; attorneys’ fees; costs Howard Breindel (P) Dolores D. Balsamo (P); Paul Bennett Marrow (P) Public
10-05712 12/13/10 03/05/12 Claims dismissed Jack R. Laskey, individually; and as Beneficiary of the Jack R. Laskey, IRA and of the Helen D. Laskey (Deceased) IRA RBC Capital Markets, LLC d/b/a; RBC Dain Rauscher, Inc. Houston, Texas Mark C. Watler, Esq. Retta A. Miller, Esq. Negligence; Gross negligence; Breach of contract; Misrepresentation/negligent misrepresentation; Section 12 of the 1933 Securities Act; Section 15 of the 1933 Securities Act; Texas Blue Sky Law; Texas fraud statute unspecified equity mutual funds $121,846.69 (compensatory); $243,693.38 (punitive) N/A interest; attorneys’ fees; costs Daniel J. Pagnano (P) Robert Dan Sherrill (P); Ronald R. Simpson (NP) Mixed
11-00052 01/03/11 03/05/12 In favor of Claimants Paul Malkin; Phyllis Malkin Wells Fargo Advisors, LLC Miami, Florida Lawrence R. Gelber, Esq. Keith Olin, Esq. Securities fraud;Breach of fiduciary duty; Breach of duty of good faith and fair dealing; Negligence; Rule violations; Breach of contract; Failure to supervise; Respondeat superior; RICO, elder abuse and security law violations various securities including, but not limited to. Royal Bank
of Scotland, Citigroup Cap XV 6.5%, Citigroup Cap XIX 7.25% Cum Tr pfd., American
IntI Grp 7.70%, Barclays Bank 6.625% noncumulative perp. pfd., and Aegon NV7.25%
Perp. Cum. Preferred
Between $131,424.74 and $166,107.99 (compensatory) by Phyllis Malkin; Between $66,322.95 and $93,538.92 (compensatory) by Paul Malkin; $175,000.00 (punitive) by both $90,297.79 (compensatory) to Phyllis Malkin attorneys’ fees; costs;
expenses
Linda M. Granata (P) Joseph Michael Matthews (P); Melanie S. Cherdack (NP) Mixed
11-00189 01/14/11 03/30/12 Partially found for claimant Steven C. Nadeau Emmett A. Larkin Company, Inc.,;
Sterne Agee Financial Services, Inc.,;
Jason M. Ganton; John A. Orlando;
Melvin Lee Peterson
Detroit, Michigan Christopher D. Kaye, Esq. David J. Feingold, Esq. Churning; Misrepresentations; Omission of facts unspecified investment $ 211,850.00 (compensatory) $69,000.00 (compensatory); plus interest on the above stated sum interest; attorneys’ fees; costs Jeffry M. Bauer (P) Raymond J . Steriing (P); Roman S. Gribbs, JD (P) Public
11-00230 01/14/11 03/06/12 In favor of Claimant Joseph F. Lightfoot on behalf of himself and as trustee of the Lightfoot Living Trust Marilyn C. Lightfoot on behalf of herself and as trustee of the Lightfoot Living Trust Pacific West Financial Group;
Pacific West Securities, Inc.;
William M. Swayne, II;
William M. Swayne, III;
Joshua D. Swayne;
WMS Financial LLC;
WMS Financial Planners, Inc.
Seattle, Washington Chris R. Youtz, Esq. Chance A.E. Hodges, Esq. Breach of duty; Material omissions and other alleged violations of the Securities Act of Washington; Failure to supervise; Control person liability; Breach of fiduciary duty; Violations of the Washington Consumer Protection Act; Common law negligence common real estate investments (TICs) $10,000.00 (compensatory) $1,862,960.65 (compensatory); $200,000.00 (attorneys’ fees); $200.00 (costs); $250.00 as reimbursement for the non-refundable portion of the initial claim filing fee interest; attorneys’ fees; costs William J. Bender (P) Peter R. Day (P); Clydia Jean Cuykendall (P) Public
11-00259 01/18/11 03/25/12 Claims dismissed Al White Jr., Power of Attorney for Kenneth White Cuna Brokerage Services, Inc. Philadelphia, Pennsylvania Mitchell Markowitz; Benjamin Lapin Louis H. Castoria, Esq. Excessive and unsuitable trading; Fraud; Negligence; Misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Failure to supervise; Respondeat superior; Violations of Section 20 of the 1934 Act unspecified mutual funds $35,762.77 (compensatory) N/A reimbursement of all
filing fees and hearing fees as well as costs relating to witness fees, transcripts, and
analysis
Guillermo L. Bosch (P) N/A Public
11-00374 01/24/11 03/15/12 Claims settled Norma A. Wawrzyniak Fidelity Brokerage Services, LLC Chicago, Illinois Benjamin Lapin Trae D. Meyr, Esq. Excessive and unsuitable trading; False and misleading statements; Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Breach of conduct; Section 20 violations; Respondeat superior Fidelity mutual funds $50,000.00 (compensatory) N/A costs Gregory C. Gocek (P) N/A Public
11-00388 01/26/11 03/01/12 Claims dismissed Mary Elizabeth “Beth” Carkeet International Assets Advisory, LLC Orlando, Florida William M. Rishoi, Esq.; K. Michael Swann, Esq. Kevin A. Carreno, Esq. Breach of fiduciary duty; Negligence; Breach of contract John Hancock Venture Vision Annuity and John
Hancock Venture III Annuity to a Transamerica variable annuity
$121,788.00 (compensatory) N/A Unspecified punitive; forum fees; costs; attorneys’ fees David M. Levine (P) Thomas Joseph Atkinson, Sr. (P); Lauren S. Puritz (P) Public
11-00479 02/02/11 03/29/12 Claims dismissed Mickey Schwarz IRA;
Mickey Schwarz;
The Schwarz Living Trust
RBC Capital Markets, LLC Los Angeles, California Mickey Schwarz Michael M. Gless, Esq. Breach of contract; Breach of fiduciary duty; Fraud by misrepresentation and omission; Elder abuse; Failure to supervise and control; Violation of state and federal securities laws two of Lehman Brothers Inc.’s products $265,000.00 (compensatory) N/A Rescission; Lost opportunity costs; Attorneys’ fees and costs;
Pre and post-judgment interest at the legal rate
David W. Dresnick (P) Martin Ownick (P)
Ronald L. Cameron (P)
Public
11-00535 02/08/11 03/26/12 Claims dismissed Jeffrey L. Brown Morgan Stanley & Co., Incorporated;
Morgan Stanley Smith Barney;
Leonard F. Waldmann, III
Denver, Colorado Jeffrey L. Brown (pro se) Braden O. Wilhelm, Esq. Mistake of material fact; Suitability; Breach of fiduciary obligation; Common law negligence; Securities fraud; Negligent misrepresentation; Joint and several liability I Shares Trust DJ Select
(DVY)
Rescission; cancelling the sale of Claimants 1,400 shares of DVY and returning
Claimant to the position he occupied before the events of May 6, 2010; or
the sum of $23,253.00, representing the difference between
the net proceeds received by Claimant from the sale of his shares in DVY and
the value of those same shares at the end of the day on May 6, 2010
N/A Pre and post judgment interest thereon at the maximum legal rate permitted by
law; Costs
Dennis R. Frohlich (P) N/A Public
11-00724 02/15/11 03/07/12 Claims dismissed Alfred Hoffman, Jr. UBS Financial Services Inc;
UBS Securities, LLC
Tampa, Florida Patrick Gaffney, Esq. Joseph Serine, Jr., Esq.; John P. Del Monaco, Esq. Breach of fiduciary duty; Violation of 15 U.S.C. § 78j; Section 10 of the Securities and Exchange Act of 1934; Rule 10b-5; Common law fraud; Fraud in the inducement of contract; Gross negligence. shares of WCI Communities, Inc. $13,753,806.88 (compensatory) N/A pre- and post judgment
interest at the legal rate then prevailing; costs; forum fees
Oliver J. Janney (P) Kari A. Vogeler, III (P); James Howell Garrison (P) Public
11-00800 02/23/11 03/16/12 Claims dismissed David Taylor Wells Fargo Investments, LLC San Francisco, California William R. Warne, Esq. Gordon C. Young, Esq. Misrepresentation; Illiquidity unspecified auction rate
securities
$1,200,000.00 (consequential) N/A interest; attorneys’ fees; costs Laurel Liftman Gothelf (P) Ferdinand Schoch (P) Public
11-00870 03/01/11 03/23/12 Claims settled Emily A. Schwarz, a Trustee of Emily A. Schwarz Revocable Living Trust;
Cynthia Fischer, as Trustee of the George Weber, Jr. Trust for the benefit
of Emily A. Schwarz and Doxa Family Partnership
LPL Financial, LLC;
Peter Reinecke
St. Louis, Missouri Richard B. Walsh, Jr. Esq.; R.
Bradley Ziegler, Esq.
Peter W. Gilles, Esq.; Donald J. Mehan, Jr. Esq.; Thomas E. Pulliam, Esq. Breach of fiduciary duty; Misrepresentation/omission; Violation of Missouri securities laws; Negligence; Common law fraud; Respondeat superior; Failure to supervise real estate investments, including Inland Western Retail, Dividend Capital
Trust, Wells Reit II and Laeroc 2005-2006 Income Fund, LP
$600,000.00 (compensatory) N/A Unspecified punitive; interest; attorneys’ fees; costs John R. Loss (P) Casey John Whalley (NP) Mixed
11-00974 03/04/11 03/27/12 Claims dismissed Chris L. Funnell James Paul Maltese;
Merrill Lynch, Pierce, Fenner & Smith, Inc.
New York, New York David Neuman, Esq. Nikolas Komyati, Esq. Breach of contract; Failure to supervise; Negligence; Failure to execute; Incorrect quantity; Fradulent activity; Breach of fiduciary duty grants in Johnson and Johnson stock $90,000.00 (compensatory) N/A Unspecified punitive Howard L. Sobel (P) N/A Public
11-01032 03/09/11 03/21/12 Claims dismissed Angel F. Delucca-Marrero Ramon M. Almonte;
UBS Financial Services Inc.;
UBS Financial Services Incorporated
of Puerto Rico
San Juan, Puerto Rico Rafael E. Lugo-Sotomayor, Esq., Guillermo J. Bobonis, Esq.; Enrique G. Figueroa-Llinas, Esq. Unsuitable investments; Breach of contract and fiduciary duty; Negligence; Failure to supervise Puerto Rico Fixed Income Fund; PIMCO High Income Fund; R&G Financial Corp. Preferred Stock; Western Holding Co., Inc. Preferred Stock; Puerto Rico Investors Tax Free Funds VI; and, Tax-Free Puerto Rico Fund II $220,000.00 (compensatory); $120,000.00 (punitive) N/A $5,000.00 for commissions and fees; pre-judgment interest for loss on principal in the amount of not less than $10,000.00; continuing interest; FINRA fees; costs and expenses; attorneys’ fees; rescission Jeffrey R. Roth (P) Roy B. Gonas (P); Todd M. Saunders (P) Public
11-01054 03/11/11 03/12/12 In favor of Claimant Califomia Stete Teachers’ Retirement System Pacific American Securities, LLC;
Michelle Ann Morton
Los Angeles, California Thomas D. Long, Esq. and
Ivy A. Okoniewski, Esq.
Larry A. Walraven. Esq.;
Nicole E. Wurscher, Esq.
Breach of contract; Breach of contract; Breach of fiduciary duty; Conversion unspecified securities $274,869.05 (compensatory) $113.599.82 plus interest (compensatory) attorneys’ fees; costs of arbitration Mary L. Williams (P) Harold K. Hunt (P); Jannes M. Goldberg (NP) Mixed
11-01174 03/22/11 03/16/12 Claims dismissed Leonard DeFranco Ladenburg Thalmann & Co. Inc.;
Robert John DeCanio
Chicago, Illinois Adam S. Tracy, Esq. Joseph
Giovannieilo, Jr., Esq.
Breach of contract; Breach of fiduciary duty; Violation of the Illinois Securities Law of 1953; Negligence and negligent supervision; Violations of Section 10(b) of the Exchange Act and Rule 10b-5 there under; Violation of FINRA Rule 2110; Violation of FINRA Rule 2120; Violation of FINRA Rule 2310; Violation of FINRA Rule 3010 “penny stocks” including Star Scientific Incorporated Unspecified compensatory N/A Unspecified punitive; forum fees; costs; attorneys’ fees William M. Getzoff (P) Steven H. Vogel (P); Frank R. Niedemnan (NP) Mixed
11-01235 03/29/11 03/30/12 Claims dismissed Sara Bloom as Trustee for David Bloom; Sara Bloom as Trustee for Sara Bloom Citigroup Global Markets, Inc.
Arthur Lee Thompson
New York, New York Joseph R. Sahid, Esq. Lawrence Barbot, Esq. Breach of fiduciary duty; Misrepresentation/non-disclosures; Suitability; Unauthorized trading; Negligence unspecified securities $95,000.00 (compensatory) N/A interest; costs Andrew J . Garber (P) N/A Public
11-01308 03/30/11 03/09/12 Claims dismissed Robert Hirsh;
Daniel Rosenthal
William Bruce Fretz, Jr.;
The Keystone Equities Group, L.P.
Philadelphia, Pennsylvania Herbert
Beigel, Esq.
Mu’min F. Islam, Esq.; Amy E. Sparrow, Esq. Breach of fiduciary duty; Breach of agreements Las Brises De Jaco Investment, LLC
private placement
$250,000.00 (compensatory) N/A attorneys’ fees; costs; interest Walter R. Milbourne (P) Guillermo L. Bosch (P); John P. Hughes (NP) Mixed
11-01571 04/13/11 03/20/12 Claims dismissed Walter Weidenbaum IRA;
Walter Weidenbaum Trust UA 4/25/02;
Walter Weidenbaum;
Shari D. Weidenbaum
TD Ameritrade, Inc. Boca Raton, Florida Walter Weidenbaum Hollie M. Mason, Esq. Breach of contract; Failure to supervise; Negligence; Breach of fiduciary duty; Manipulation shares of Aegon NV (symbol: AEH) $35,400.00 (compensatory) $75.00 (reimbursement of
half of the non-refundable portion of the filing fee)
forum fees Marc T. Danon (P) N/A Public
11-01822 05/01/11 03/01/12 Claims dismissed Angela Fogle Edward Jones;
Elizabeth Lynne Hammack
Louisville, Kentucky Angela Fogle (Pro se) Dennis J . Capriglione, Esq. Closed her account without authorization Federated Equity Large Cap mutual fund $50,000.00 (compensatory); $10,000.00 (punitive) N/A interest; costs Enrico A. Mazzoli (P) N/A Public
11-01875 05/06/11 03/26/12 In favor of Claimant Marvin J. Blum Cambridge Legacy Securities, LLC Dallas, Texas Richard A. Lewins, Esq. John W. Mahoney,
Esq.
Violation of the Arkansas Securities Act; Breach of fiduciary duty; Violation of FINRA Rules unspecified limited partnerships $500,000.00 (compensatory) $444,796.38 (compensatory); 6% interest; $900,000.00 (punitive); $12,000.00 (costs); $150,000.00 (attorneys’
fees)
Unspecified punittive; interest; attorneys’ fees; costs William E. Hartsfield (P) Joseph G. Werner (P); Mary Elizabeth Skelnik (P) Public
11-02120 05/25/11 03/01/12 Claims dismissed J. Charles Boling; Loena P. Boling Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Carios Provencio, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of the Alabama Securities Act; Intentional and negligent misrepresentation of material facts; Unjust enrichment; Breach of duty of good faith and
fair dealing; Gross negligence; Failure to properly execute duties
RMK Strategic Income Fund, the RMK High Income
Fund, and the RMK Advantage Income Fund
$25,000.00 (punitive) N/A interest; rescission; attorneys’ fees Erik R. Siering (P) N/A Public
11-02230 06/02/11 03/02/12 In favor of Claimant Mary Ann Walker Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Thomas Barnett, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulations; Violations of Georgia Securities Act; Common law claims RMK Funds $25,000.00 in (compensatory) $16,872.67 (compensatory); $425.00 (filing fee) interest; attorneys’ fees; costs Deborah Jackson (P) N/A Public
11-02231 06/02/11 03/15/12 In favor of Claimants Robert W. Tripp; Gloria C. Tripp; Stephanie Tripp Morgan Keegan & Company, Inc. N/A Richard S. Frankowski,
Esq.
John Stames, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of Securities Regulatory Rules; Violations of the Georgia Securities Act; Intentional and negligent misrepresentation of material facts; Unjust enrichment; Breach of duty of good faith and
fair dealing; Gross negligence; Failure to property execute duties
Morgan Keegan Select Intennedlate Bond Fund- C and the RMK Select Intermediate Bond Fund-A $25,000.00 (compensatory) $8,782.32 (compensatory); $425.00 (initial filing fee) interest; rescission; attorneys’ fees John C. Yeoman, Jr. (P) N/A Public
11-02506 06/21/11 03/19/12 Claims settled Stone & Associates ARC Profit Sharing Plan;
Colette Stone, Plan Trustee, on behalf of
Ronald F. Berestka, Jr., Thomas Borbely, Juliet M.
Lompa, Barbara Burkhardt, Laura Cohen, Craig
Carlson, and Monique Stevenson;
Colette F. Stone as Representative of Margaux
Loretz and Michael Loretz
James Hollis Brandt;
Robert Moore Schneider;
George S. Sellers;
UBS Financial Services Inc.
San Francisco, California Colette F. Stone Julie A. Cole, Esq.; Anne Reilly, Esq. Breach of contract; Breach of fiduciary duty; Wrongful conversion; Negligence retirement
accounts
Ronald F. Berestka, Jr.- $3,688.2 (compensatory)
$1,311.79 (punitive); Barbara Burkhardt – $4,656.90 (compensatory) $343.10 (punitive); Craig Carlson – $25,841.00 (compensatory) $4,000.00 (punitive); Laura Cohen – $235.00 (compensatory) $765.00 (punitive); Margaux Loretz – $4,815.77 (compensatory) $180.00 (punitive); Michael Loretz – $4,885.18 (compensatory) $100.00 (punitive); Monique Stevenson – $425.00 (compensatory) $500.00 (punitive)
N/A interest; attorneys’ fees; costs Robert E. Thompson (P) N/A Public
11-02607 06/23/11 03/07/12 Partially found for Claimant SEP IRA fbo Thomas O’Brien; Roth IRA fbo Judy L. O’Brien LPL Financial, LLC Oklahoma City, Oklahoma Randall K. Calvert, Esq.; Denielle Williams, Esq. Jennifer L. Carpenter, Esq. Violations of the Oklahoma Securities Act; Violations of the Oklahoma Prudent Investor Act; Violations of FINRA Rules Crocs, Inc. $35,972.07 (compensatory) Roth IRA fbo Judy L. O’Brien – $4,075.00 (compensatory); $1,500.00 (attorneys’ fees) interest; attorneys’ fees; costs Harry J. Saginaw, J.D. (P) N/A Public
11-02733 07/06/11 03/21/12 Claims dismissed Jill A. Carter Ameriprise Financial Services, Inc. Los Angeles, California Jon E. Drucker, Esq. Chad Weaver,
Esq.; Brian Harian, Esq.
Fraud; Breach of fiduciary duty; Conversion variable universal
life (“VUL”) insurance policy
$1,346,414.00 (compensatory) N/A Reimbursement of all funds deposited; interest; damages for infliction of emotional distress; unspecified punitive Roberta Haft (P) Ted Paul Comfort (P); Vaughn Thomas Hale (NP) Mixed
11-02768 07/12/11 03/29/12 Claims dismissed Valerie F. Shipman Wells Fargo Advisors, LLC N/A Ronald S. Gilbert, Esq.; William B. Young, Jr., Esq. Deidre Wolff, Esq. Unsuitability; Misrepresentations and omissions; Breach of fiduciary duty; Negligence; Failure to supervise; Breach of contract; Fraudulent misrepresentation; Vicarious liability unspecified security $ 24,000.00 (compensatory) N/A Unspecified puntive; interest; costs John P. Cullem (P) N/A Public
11-02789 07/19/11 03/26/12 In favor of Claimant Philip Merryman Charles Schwab & Co., Inc.; Jeremy Todd Mosbaugh N/A Philip Merryman (Pro se) Sean B.
Meehan
Failure to disclose prohibition of buying securities in account securities in BP Prudhoe Royalty Trust, Legacy Reserves LP, Permian Basin Royalty Trust, and Sabine Royalty Trust $10,384.93 (compensatory); $12,000.00 (punitive) $10,384.93 (compensatory) $ 390.42 (costs); specific performance – Release $11,000.00 from cash-on hold
and return it to Claimant
Hilda H. Boas (P) N/A Public
11-02927 07/21/11 03/23/12 Claims settled Philip Craig Paul Wachovia Securities, Inc;.
Sam Richard Macaluso
St. Louis, Missouri Philip Craig Paul (Pro se) Michael
Naccarato, Esq.
Breach of fiduciary duty; Misrepresentations; Suitability; Churning; Failure to diversify; Failure to supervise ProShares Exchange -
traded funds (“ETFs”)
$25,000.00 (compensatory) N/A N/A Joseph R. Soraghan (P) N/A Public
11-02989 07/26/11 03/16/12 Claims dismissed Debra Silvarman TIAA/CREF Financial Services for the Greater Good; TIAA-CREF Individual and Institutional Sen/ices, LLC Denver, Colorado Debra Silverman (Pro se) Carranza M. Pryor, Esq. Mishandled personal information unspecified securities $5,000.00 (punitive) N/A N/A Dennis R. Frohlich (P) N/A Public
11-03099 08/01/11 03/30/12 Claims dismissed The Edwards 2000 Revocable Trust Steven Samuel Christensen;
E*Trade Securities LLC
San Francisco, California Bruce M. Lubarsky, Esq. Meredith Felde Hoffman, Esq. Breach of contract; Failure to supervise; Negligence; Breach of fiduciary duty; Manipulation shares of BlackRock Muniholdings California Insured Fund, Inc. Series C $50,000.00 (compensatory) N/A interest; costs; attorneys’ fees Anthony Q. Souaa (P) N/A Public
11-03187 08/12/11 03/14/12 In favor of Claimants Charles Q. Treichel; Dianne Treichel Charles Schwab & Co., Inc. N/A Thomas F. Shine, Esq. Evelyn C. Best, Esq. Misrepresentation; Misleading statements and failure to disclose material facts; Breach of contract; Fraud in the inducement; Common law fraud; Violations of the anti-fraud provisions of the Wisconsin Uniform Securities Law unspecified shares of YieldPlus Funds $25,000.00 (compensatory) $25,000.00 (compensatory); 3,196.72 (interest); $18,350.00 (attorneys’ fees); $425.00 (filing fee) $16,778.91 (interest); $21,800.00 (attorneys’ fees); $1,779.10 (expert witness costs); $500.00 (paralegal fees); $425.00 (filing cost fees); $379.78 (Copy and Delivery Costs) Theodore L. Leeb (P) N/A Public
11-03200 08/15/11 03/21/12 In favor of Claimant Catherine B. Newton as personal representative for the Estate of Albert S. Newton Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Shea O’Brien Hicks, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of the Alabama Securities Act RMK Funds $25,000.00 (compensatory) $25,000.00 (compensatory); $425.00 (filing fee) Unspecified punitive; Pre-judgment Interest:
Post-judgment Interest: attorneys’ fees; costs; recission
John B. La Rue (P) N/A Public
11-03235 08/15/11 03/27/12 In favor of Claimants Kim H. Sides, Ellen Sides, Ellen Slides UTMA KImberly Sides; Ellen Sides UTMA
Lauren Sides, and Ellen Sides UTMA Austin Sides
Morgan Keegan & Company, Inc. N/A James A. Dunlap, Jr., Esq. Curt R. Soefkor, Esq. Breach to contract; Breach of fiduciary duty; Constructive fraud; Negligence; Failure to supervise; Respondeat superior; Violation of FINRA and NYSE rules; Violation of the Alabama Securities Act RMK Bond Funds $25,000.00 (compensatory) $25,000.00 (compensatory) plus interest at the rate of 7% per annum Interest; Costs Richard I. Merkel (P) N/A Public
11-03286 08/24/11 03/22/12 In favor of Claimant Dennis Brooks Morgan Keegan & Company, Inc. N/A Jeffrey Pederson, Esq. Joel M. Everest, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of Securities Regulatory Rules; Violations of the Alabama Securities Act and the Alabama Deceptive Trade Practices Act; Intentional and negligent misrepresentation of material facts; Unjust enrichment; Breach of duty of good faith and fair dealing; Gross negligence; Failure to properly execute duties Regions Morgan Keegan Multi-Sector Fund and an
unspecified private, non-traded, real estate investment trust
$25,000.00 (compensatory) $17,211.79 (compensatory); $6,024.00 (Attorneys’ fees); $425.00 (filing fee) Pre-judgment Interest;
Post-judgment Interest; attorneys’ fees; costs
W. Michael Kelley (P) N/A Public
11-03340 08/23/11 03/23/12 In favor of Claimant Patricia Ann Towler Wells Fargo Investments, LLC N/A Patricia Ann Towler (Pro se) Vanessa U. Hoffman, Esq. Misinformation annuity from RiverSource Insurance Company $5,000.00 (compensatory); $5,000.00 (punitive) $5,000.00 (compensatory) $325.00 (interest) David W. Casey (P) N/A Public
11-03866 10/11/11 03/23/12 In favor of Claimant Robert Gary Courtney WFG Investments, Inc N/A Robert Gary Courtney (Pro se) Dagny Young Failure to execute order to liquidate account unspecified securities $3,500.00 (compensatory) $3,500.00 (compensatory); $175.00 (filing fee) $175.00 (costs) Charles A Joplin (P) N/A Public
12-00566 02/21/12 03/07/12 Claims dismissed Robert Peyser Justine Hurry;
Scottsdale Capital Advisors Corp.
Miami, Florida Robert V. Cornish, Jr., Esq., Alan Baskin, Esq. Account stated; Conversion/aiding and abetting conversion; Civil theft; Breach of fiduciary duty/aiding and abetting; Fraud/aiding
and abetting; Breach of contract; Failure to supervise/negligent retention and supervision; Negligence/negligent misrepresentation; Conspiracy; Selling away violations; Apparent agency/respondeat superior; Unjust enrichment/quantum meruit
stock loan of United Global
Communications stock
$600,000.00 (compensatory); $1,200,000.00 (punitive) N/A interest; attorneys’ fees; costs Jeffrey R. Roth (P) Thomas Michael Dillon (P); Robert Charies Stamm (NP) Mixed
07-00666 02/28/2007; amended 12/12/2007 03/29/12 In favor of Claimants Alan M. Grayson, AMG Trust Wachovia Securities, Inc. Orlando, Florida Tucker S. Byrd, Esq.; James S. Byrd, Jr., Esq.; Eric Rolinson, Esq. David A. Picon, Esq.; Stephen L. Ratner, Esq. Fraud; Aiding and abetting fraud; Uniform Securities Act fraud; Negligent misrepresentation; Aiding and abetting breach of fiduciary duty; Conversion; Civil conspiracy; Aiding and abetting fradulent conveyance; Quantum meruit “Stock loan” agreements with Derivium Capital LLC and Derivium Capital (USA), Inc. $30,000,000.00 (compensatory) $852,000.00 (compensatory); Pre-judgment interest N/A Thomas Atkinson (P) Richard Wilson (P); Gary Lang (NP) Mixed
08-04526 12/01/08 04/20/12 Claims dismissed Dona Lynn Hannigan Revocable Living Trust; Dona Lynn Hannigan Roxanne Crystal Louise Brecek; Brecek & Young Advisors, Inc.; Leia Elizabeth Farmer; Jennifer Veronica Himes; Kyle Bradley Kelly; Christopher John Ranney; Kelvin Shaw Los Angeles, California Jonathan W. Evans, Esq. Elizabeth Lowery, Esq.; Thomas J. Callaway, Esq.; Frederick M. Reich, Esq. Negligence; Fraud; Deceit; Omission of Material Facts; Unsuitability; Unauthorized Trading; Breach of Fiduciary Duty; Breach of Trust FT Unit 1202 SR LN Closed End Port-Ser 6; ING Global Real Estate Fund; Proshares Ultra
S&P 500; Proshares Ultra QQQ; Proshares Ultra Dow 30; ING Greater China Fund; and ING International Real Estate Fund.
$162,644.00 (compensatory) N/A Punitive damages; Disgorgement of commissions and fees; Lost opportunity costs; Interest; Costs; Attorney fees George L. Tindall (P) Benjamin F. Breslauer (P); Valerie Lewis (NP) Mixed
09-00715 02/10/09 04/11/12 Claims denied Gary Whitener; Gail Whitener Morgan Keegan & Company, Inc. New Orleans, Lousiana James A. Dunlap, Esq. Christopher G. Lazarint, Esq.; Ryan R. Baker, Esq.; Michael A. Brady, Esq Breach of fiduciary duty; Violation of FINRA and NYSE rules; Overconcentration; Misrepresentation; Omissions; Constructive fraud; Breach of contract; Common law fraud; Negligence; Negligent supervision; Violation of federal securities law; Violation of Louisiana Securities Act; Violation of the Tennessee Consumer Protection Act of 1977; Suitability Various funds including, but not limited to, the RMK Strategic Income Fund and the RMK Multi-Sector Income Fund 645,563.77 (compensatory) N/A Wel-managed damages; Punitive damages; Pre- and post-judgment interest; Costs; FINRA fees; Expert witness fees; Attorneys fees; Others Elizabeth Gilbert (P) Christine Moore (P); Clifford Matthew Olson (P) Public
09-01269 03/03/09 04/04/12 Claims denied Sara F. Boyd Morgan Keegan & Company, Inc.; Regions Financial Corporation Knoxville, Tennessee Sara F. Byrd: William J. Gladden, Esq. George D. Sullivan, Esq.; Kathryn Gostinger, Esq. Misrepresentations and Omissions; Breach of fiduciary duty; Unsuitable investments; Negligence; Failure of supervision; Breach of contract; Vicarious liability; Violation of FINRA rules; Violation of the Securities and Exchange Act RMK Advantage Income Fund, RMK High Income Fund, RMK Strategic Income Fund, and RMK Select Intermediate Bond-I $275,000.00 (compensatory) N/A Punitive damages; Interest; Costs; Other damages Charles F. Custer (P) Peter A. Scarpato (P); Lisa Blunk Johnson (NP) Mixed
09-03913 06/25/09 04/02/12 Claims dismissed Marvin Getlan UBS Financial Services, Inc.; Wachovia Securities, LLC Boca Raton, Florida Michael Amad, Esq. Rebecca E. Swenson, Esq; Jonathan C. Schwartz, Esq.; Tracy L. Gerber, Esq. Negligence; Misrepresentation or omission of material facts; Violation of Florida Statute §825.103, Exploitation of an Elderly Person; Failure to supervise; Breach of contract and unsuitability Preferred stocks, High yield corporate bonds, Convertible securities $9,268,000.00 (compensatory) N/A Punitive damages; Interest; Costs; Attorneys fees Linda M. Granata (P) Norman L. Weiss (P); Gustavus L. Pearthree (NP) Mixed
09-03972 06/23/09 04/20/12 Claims denied Peter Graham Lee; Jennifer Patricia Lee, JTWROS Merrill Lynch, Pierce, Fenner & Smith, Inc. Boca Raton, Florida Steven D. Toskes, Esq.; Jahan K. Manasseh, Esq. Matthew E. Wolper, Esq.; Bennett Falk, Esq. Breach of written contract; Breach of fiduciary duty; Failure to supervise; Negligence and gross negligence; Misrepresentations and omissions; Fraud and constructive fraud;Violation of NYSE, NASD and/or FINRA Rules Preferred stocks; Trading options $5,000,000.00 (general and compensatory damages) N/A Under-performance damages; Punitive damages; Interest at the legal rate; Attorneys’ fees and costs; Other equitable relief Harold S. Stern (P) Stuart Harvey Ziegler (P); Berthold T. Berkwich (NP) Mixed
09-05626 09/23/09 03/30/12 In favor of Claimant Eileen M. Boutin Wachovia Securities, LLC; Joseph E. Kenyon; David A. Smith; Donald J. Van De Steene Detroit, Michigan Anthony V. Trogan, Esq. Stuart H. Deming, Esq.; Brian Witus, Esq. Breach of contract; Common law fraud; Promissory estoppel; Negligence and gross negligence; Malpractice; Breach of fiduciary duty; Breach of Michigan Securities law; Suitability Unspecified equities $130,000.00 (compensatory) $50,000.00 (compensatory) Exemplary/punitive damages; Interest; Attorneys’ fees; other costs; specific performance/recission Barry Goldman (P) Timothy J. Currier (P); Lawrence George Kloth, Sr. (NP) Mixed
09-06667 11/23/09 03/28/12 In favor of Claimant Colman McCarthy Michael James Byl; William Edward Schloth; Southridge Investment Group, LLC New York, New York Michael C. Deutsch, Esq. David E. Danovitch, Esq. Breach of contract; Negligence; Material misrepresentations and omissions; Breach of fiduciary duty; Negligent supervision Unspecified securities Unspecified compensatory damages $259,087.97 (compensatory); $520,766.00 (punitive); $250.00 (reimbursement of fees) Statutory interest; Attorneys’ fees; Punitive damages; Lost investment opportunities; Reimbursement of filing fees, expenditures, and disbursements; other equitable damages Carolyn A. Mann (P) Leah R. Marks (P); Sherri L. Hughes (NP) Mixed
09-07221 12/21/09 04/23/12 In favor of Claimant Denise M. Fournier GunnAllen Financial, Inc.; Neal Smalbach Tampa, Florida Stephen D. Spivey, Esq. Fred N. Knopf, Esq.; Whitney M. Krosse, Esq. Breach of fiduciary duty; Fraud; Misrepresentation; Unsuitability; Negligent supervision; Violation of the Florida Securities and Investor Protection Act; Violation of the Securities Exchange Act of 1933 and the Securities Act 1934; Violation of FINRA rules and state and federal law Provident Asset Management LLC; Shale Royalties $62,523.00 (compensatory) $87,574.29 (compensatory) Rescissionary damages; Legal interest; Costs; Attorneys’ fees; other equitable relief Beverly S. Gordon N/A Public
10-00310 01/20/10 04/10/12 In favor of Claimants Gerald F. Hummel; Ila M. hummel, Trustees of the Hummel Family Trust GunnAllen Financial, Inc.; Neal Smalbach Orlando, Florida Stephen D. Spivey, Esq. Fred N. Knopf, Esq.; Whitney M. Krosse, Esq. Violations of the Florida Securities and Investor Protection Act; Violations of the Securities Act of 1934; Violations of the Securities Exchange Act of 1933; Violations of FINRA rules and state and federal law; Fraud; Breach of fiduciary duty; Misrepresentation; Unsuitability; Negligent supervision Provident Asset Management LLC; Shale Royalties $23,875.00 (compensatory) $3,0690.75 (compensatory) Rescissionary damages; Interest; Costs; Attorneys’ fees; Other equitable relief Noel K. Evans N/A Public
10-00311 01/20/10 04/11/12 In favor of Claimants Albert J. Seivold; Debora L. Seivold GunnAllen Financial, Inc.; Neal Smalbach Tampa, Florida Stephen D. Spivey, Esq. Fred N. Knopf, Esq.; Whitney M. Krosse, Esq. Breach of fiduciary duty; Fraud; Misrepresentation; Unsuitability; Negligent supervision; Violation of the Florida Securities and Investor Protection Act; Violation of the Securities Exchange Act of 1933 and the Securities Act 1934; Violation of FINRA rules and state and federal law Provident Asset Management LLC; Shale Royalties $55,608.00 (compensatory) $77,358.27 (compensatory) Rescissionary damages; Legal interest; Costs; Attorneys’ fees; oher equitable relief Muriel Desloovere N/A Public
10-00556 02/03/10 04/06/12 In favor of Claimant Marty B. Timpano I.M.S. Securities, Inc.; Jason S. Harrison Houston, Texas Robert Kantas, Esq.; David W. Miller, Esq. J. Randall Henderson, Esq.; David A. Carp, Esq. Breach of contract; Unfair trade and deceptive practices; Violation of Texas state securities statutes; Joint and several liability Viatical settlements $100,000.00 (compensatory) $52,368.22 (compensatory) Exemplary/punitive damages; Interest; Attorneys’ fees; Other costs; Recession Jeffrey R. Jury (P) n/a Public
10-00637 02/09/10 04/02/12 Claims denied Bristol Investment Fund, Ltd. Citigroup Global Markets, Inc. New York, New York Thomas J. Fleming, Esq. David J. Libowsky, Esq; Edwin A. Zipf, Esq. Negligence; Breach of fiduciary duty; Conversion Oxis International, Inc. $820,000.00 (compensatory) N/A Fees; Attorneys’ fees; Other equitable relief Lowell D. Johnston (P) John Franklin Udochi (P); Christine Costigan (NP) Mixed
10-00676 02/10/12 04/24/12 In favor of Claimants James O’Donnell; Barbara O’Donnell GunnAllen Financial, Inc.; Neal Smalbach Tampa, Florida Stephen D. Spivey, Esq. Fred N. Knopf, Esq.; Whitney M. Krosse, Esq. Violations of the Florida Securities and Investor Protection Act; Violations of the Securities Act of 1934; Violations of the Securities Exchange Act of 1933; Violations of FINRA rules and state and federal law; Fraud; Breach of fiduciary duty; Misrepresentation; Unsuitability; Negligent supervision Provident Asset Management LLC; Shale Royalties $27,395.00 (compensatory) $36,849.00 (compensatory) Rescissionary damages; Legal interest; Costs; Attorneys’ fees; Other equitable relief Paul Sidney Elliott (P) N/A Public
10-00794 02/15/10 04/20/12 In favor of Claimant Neil W. Savage Revocable Trust Morgan Keegan & Company, Inc. Tampa, Florida Howard B. Prossnitz, Esq.; Richard Frankowski, Esq. Bradley B. Rounsaville, Esq.; Joshua D. Jones, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Violations of securities regulatory rules; Common law claims Bond funds $239,780.00 (compensatory) $37,500.00 (compensatory) Out of pocket losses; All charges to the accounts; Lost earnings; Interest; Rescission; Costs; Forum fees; Attorneys’ fees; Punitive damages Kathryn M. Welsh (P) Richard Manuel Baricia (P); Irwin Glazer (NP) Mixed
10-01275 03/15/10 04/10/12 In favor of Claimants Frank Ear; Roseann Ear GunnAllen Financial, Inc.; Neal Smalbach Tampa, Florida Stephen D. Spivey, Esq. Fred N. Knopf, Esq.; Whitney M. Krosse, Esq. Breach of fiduciary duty; Fraud; Misrepresentation; Unsuitability; Negligent supervision;Violation of the Florida Securities and Investor Protection Act; Violation of the Securities Exchange Act of 1933 and the Securities Act 1934; Violation of FINRA rules and state and federal law Provident Asset Management LLC; Shale Royalties $76,635.00 (compensatory) $107.190.25 (compensatory) Recisionnary damages; Legal interest; Costs; Attorneys’ fees; Other equitable relief Noel K. Evans (P) N/A Public
10-01444 03/25/10 03/29/12 Claims denied Luis ortiz Espinosa; Maritza Soto Garcia; Luis Ortiz Espinosa as trustee of Luis Ortiz Espinosa Pension Plan BBVA Securities of Puerto Rico, Inc.; Rafael Rodriguez-Abella San Juan, Puerto Rico Harold D. Vicente, Esq. Debra A. Jenks, Esq.; Robert J. Hanley, Esq. Violation of Section 10(b) of the Securities Exchange Commission, Rules of the NYSE and of FINRA, andthe securities laws of Puerto Rico; Securities fraud; Churning; Unauthorized transactions; Unsuitabillty; Violation of Article 1802 of the Civil Code of Puerto Rico 31 Laws of Puerto Rico Annotated §5141; Failure to supervise;Violation of the duties of good faith and fair dealing; Breach of contract; Violations of ERISA Municipal securities; Corporate bonds; Equities; Reverse convertible securities $2,102,976.00 (compensatory); $3,000,000.00 (punitive) N/A Interest; Attorneys’ fees; Disgorgement; Costs, expenses and filing and consulting fees Mark C. Perry (P) Thomas Czinner (P); Neil J. Berman (P) Public
10-02055 04/28/10 04/27/12 Claims dismissed Ronald E. Phillips Wells Fargo Advisors, LLC Charlotte, North Carolina Bruce D. Oakes, Esq.; Richard B. Fosher, Esq. Stephen M. Cox, Esq. Breach of fiduciary duty; Violation of South Carolina’s Securities Act; Common law fraud; Breach of contract; Negligence, misrepresentation, omission; Negligent supervision Unspecified options $5,000,00000 (compensatory) N/A Attorneys’ fees; Pre- and post-judgment interest; Punitive damages; Costs; Other equitable relief Ralph S. Paden (P) John D. Mattingly (P); John G. Shamp (P) Public
10-02056 05/03/10 04/11/12 Claims dismissed Cygnex, LLC Goldman Sachs and Company Tampa, Florida Neal Brickman, Esq; Aaron Mitchell, Esq. Tracy L. Gerber, Esq. Unsuitability and the absence of an underlying investment purpose; Material misrepresentations and omissions; Unauthorized trading and failure to follow instructions; Breach of fiduciary duty and breach of contract; Negligent supervision Florida State BOE Rev and the Florida Dept. of Environmental Protection bonds; Goldman funds $1,800,000.00 (compensatory); At least $1,000,000.00 (punitive) N/A Disgorgement of commissions and fees; Forum fees, costs, and attorneys’ fees; Other equitable relief Muriel Desloovere (P) Noel K. Evans (P); Mary T. Hettig (NP) Mixed
10-02584 05/28/10 04/20/12 In favor of Claimant Dr. Karabi Sinha UBS Financial Services, Inc. Newark, New Jersey Brian J.Neville,Esq.; Seth Lipner, Esq. Brian Amery, Esq. Violations of th Securities Exchange Act of 1934 and Rule 10b-5 under the Exchange Act; Common law fraud; Breach of contractual and legal duties; Negligence, gross negligence, and negligent supervision Return optimazation securities $300,000.00 (compensatory) $154,479.00 (compensatory); Interest Interest, fees, commissions, and compensation; Punitive damages; Attorneys’ fees; Expenses and costs; Recissionary damages; Other equitable relief Robert E. Anderson (P) Cynthia H. Plishton (P); Joan Marie Chiusano (NP) Mixed
10-02643 06/02/10 04/25/12 Claims denied Caron A. Masucci; Douglas J. Masucci William Braden Crumrine, III; Morgan Stanley Smith Barney Philadelphia, Pennsylvania Joseph C. Korsak. Esq. Raul Sanchez, Esq. Violation of various sections and rules of the Securities Exchange Act of 1934; Violation of securities laws of the Commonwealth of Pennsylvania; Respondeat superior; Fraud; Negligence; Breach of fiduciary duty Unspecified securities $200,000.00 (compensatory); $400,000.00 (treble); $100,000.00 (punitive) N/A Attorneys’ fees Marshall S. Galinsky (P) Gordan M. Wase (P); Edward T. Borer (NP) Mixed
10-02727 06/08/10 04/11/12 Settlement Damien Moore Charles Schwab & Co., Inc. San Diego, California Thomas D. Mauriello, Esq. Gordon C. Young, Esq. Negligence; Breach of fiduciary duty; Breach of contract; Negligent misrepresentation; Fraud and deceit (California Civil Code §§ 1572, 1709 and 1710); Business & Professional Code sec. 17200 (Unfair Business Practices); California Corporations Code §§ 25401 and 2550 Schwab California Tax-Free Yield Plus Fund $121,000.00 (compensatory) N/A Recissionary damages; pre- and -post judgment interest; Reimbursement of fees and costs; Punitive damages; Other equitable relief Sally G. Williams (P) Ronald N. Roth (P); William L. Erwin (NP) Mixed
10-02756 06/07/10 04/21/12 Settlement Chris Stapleton; Soha Stapleton, SIG Real Estate Holdings, Inc. Wachovia Securities Financial Network, LLC (n/k/a) Wells Fargo Advisors Financial Network, LLC Tampa, Florida Jahan K. Manasseh, Esq. Benjamin J. Biard, Esq. Breach of fiduciary duty; Breach of contract; Common law fraud; Negligence; Gross negligence; Misrepresentations; Omissions; Violation of federal securities laws Unspecified securities $300,000.00 (compensatory) N/A Costs; Punitive damages; Interest; Attorneys’ fees; Other equitable relief William F. Glaser, Jr. (P) Oliver J. Janney (P); Nicholas G. Dukas (NP) Mixed
10-03082 6/29/2010; amended 09/21/2011 04/19/12 Claims dismissed Wayne T. Murray, on behalf of Joanne Liona Murray (deceased) Mass Mutual Financial Group; MML Investors, LLC; Gary Whittier; Roy Caso Tampa, Florida Pro se William P. Thornton, Jr. Esq. Failure to authenticate customer signature; Failure to supervise; Negligence; Funds disbursed without authorization; Breach of fiduciary duty; Misrepresentations, error and charges; Fraud and omission of facts: Unauthorized trading; Churning; Manipulation Unspecified annuity and brokerage account $1,600,000.00 (compensatory); $5,000,000.00 per respondent (punitive) N/A Specific performance; Costs; Attorneys’ fees; Other equitable relief Charles W. Lavender (P) Karl A. Vogeler, III (P); Paul L. Matecki (NP) Mixed
10-03090 06/30/10 04/09/12 Settlement Denise Cooley Morgan Stanley & Co., Inc. San Francisco, California Neyleen S. Beljajev Melissa M. Muehlfeld, Esq. Breach of fiduciary duty; Negligence; Negligent misrepresentation; Fraud-deceit; Unjust enrichment; Violation of Business and Professions Code Section 17200 et seq. Annuities $340,000.00 (compensatory) N/A Special damages according to proof; Fees and expenses; Attorneys’ fees; Interest; Other equitable relief Paul D. Gutierrez (P) Kathryn J. Toronto (P); Juleanne A. Thiebaut (NP) Mixed
10-03368 06/26/10 04/16/12 Claims denied William Hall; Evelyn Hall; Edward Mercaldo; Karen Mercaldo; The Mercaldo Family Trust; The William and Evelyn Hall Trust First Republic Securities Company, LLC San Francisco, California Cary S. Lapidus, Esq. Sara B. Brody, Esq. Breach of fiduciary duty; Professional negligence; Negligent misrepresentation; Breach of contract; Common law fraud; Deceit; Elder abuse under California Welfare and Institutions Code sections 15657.5 and 15610.3; Violation of California Corporations Code section 25 TW Tax Advantaged Fund, L.P. $1,404,545.42 (compensatory) N/A Interest; Lost opportunity damages; Attorneys’ fees; Costs; Punitive damages; Other equitable relief Darryl J. Horowitt (P) Val D. Hornstein (P); Terri Coster Boesch (NP) Mixed
10-03633 08/11/10 03/05/12 Claims denied Laurence Raybois; Peter Ratener; Thoreson-Vogel,LLC Pacific West Securities, Inc.; William M. Swayne, II; Graham P. Williams; Williams Partner, LLC; WMS Financial Services Seattle, Washington John A. Bender, Esq. Maik K. Deniston, Esq.; Daniel Lee, Esq. Misrepresentation and omissions in violation of the Securities Act of 1933, the Securities Exchange Act of 1934, and the Washington State Securities Act at RCW Section 21.20.430; Breach of contract; Negligent misrepresentation; Negligence Tenants-in-common interests in property $829,200.00 (statutory award) N/A Compensation for adverse tax consequences Robert M. Stein (P) Phillip E. Cutler (P); Robert W. Pillitteri (NP) Mixed
10-03792 08/23/10 04/26/12 In favor of Claimant Ashley Furniture Industries, Inc. J.P. Morgan Securities, LLC Milwaukee, Wisconsin Peter Baugher, Esq.; Jennifer A. Waters, Esq. Jonathan K. Youngwood, Esq. Rescission and related relief under Wisconsin Uniform Securities Law §§551.509, et. seq. (Sewer Bonds and ARS); Negligence under Wisconsin Common Law (Sewer Bonds and ARS); Negligent supervision under Wisconsin Common Law (Sewer Bonds and ARS) Auction-rate securities $26,680,000.00 (compensatory); $26,680,000.00 (punitive) $1,900,000.00 (compensatory) Interest; Attorneys’ fees; Other costs and relief Terry F. Peppard (P) David J. Hase (P); Victor A. Shier (NP) Mixed
10-03910 08/30/10 04/20/12 Settlement Dawn Fragala Morgan Stanley Smith Barney New York, New York Benjamin Lapin Adam Kauff, Esq. Excessive and unnecessary trading on margin; False and misleading statements; Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of covenants of good faith and fair dealing; Negligence Unspecified mutual funds $300,000.00 (compensatory) N/A Hearing fees; Expert witness fees; Transcript and analysis costs Sandra J. Mullings (P) Sandra Gale Behrle (P); Jonathan L. Goldfarb (NP) Mixed
10-04152 09/13/10 04/26/12 Settlement Cosmo DiSchino; Christopher DiSchino; Alex DiSchino Morgan Stanley Smith Barney Boca Raton, Florida Jane W. Muir, Esq. Lisa. B. Dodge, Esq. Negligence; Violation of FINRA Rule 2310; Failure to supervise; Breach of fiduciary duty; Fraud in the inducement; Violation of Florida Stat. §517.301 Various securities $80,000.00 (compensatory) N/A A reasonable return on investments; Costs; Attorneys’ fees; Interest Myron S. Dunay (P) N/A Public
10-04410 09/28/10 04/04/12 In favor of Claimants Gay Jones as trustee for the Graham Jones Family Trust; Graham O. Jones; Graham O. Jones Charitable Remainder Trust; Alice Jones Carl Samuel Bronstein; Harry Friendman; Mark Scott Pollack; Prestige Financial Center, Inc.; Sloan Securities Corp. Newark, New Jersey Patrick Gaffney, Esq.; Alan S. Brodherson, Esq. E. Gina Chase, Esq.; Paul A. Liebennan, Esq. Unsuitable transactions; Breach of contract; Negligence; Breach of fiduciary duty; Lack of supervision; Misrepresentation Unspecified bonds; Collateralized debt obligations; Collateralized mortgage obligations $1,300,000.00 (compensatory) $1,708,480.50 (compensatory) Attorneys’ fees; Costs; Expenses; Punitive damages S. Charles Tabak (P) David Lu (P); Brian Anthony Simmons (NP) Mixed
10-04433 09/29/10 04/26/12 Claims denied Paul Daffer Edward Jones; Shawn Kerrick Mangum; William Manson Mouat Portland, Oregon Pro se Dennis J. Capriglione, Esq. Mishandling of account Unspecified bond fund $110,00000 (compensatory); $50,000.00 (punitive) N/A $24,000.00 (interest); $1,425.00 (costs) Bernard F. Vail (P) Justine Fischer (P); R. Lee Smith (NP) Mixed
10-04559 10/20/2010; amended 09/20/2011 04/23/12 Claims dismissed Leonard Narel; Linda Narel Wayne Hummer Investments, LLC Los Angeles, California Pro se Michael Waters, Esq. Breach of fiduciary duty; Breach of contract; Negligence; Failure to execute; Churning; Manipulation; Misrepresentation; Omission of facts; Suitability; Negligent investment advice; Gross negligence; Violation of federal securities law Lehman Brothers, Inc. bond $100,000.00 (compensatory) N/A Costs Ralph H. Erickson (P) N/A Public
10-04762 10/19/10 04/20/12 In favor of Claimant James G. Thom B.C. Ziegler & Co.; Scott D. Steinke Milwaukee, Wisconsin Mark Sanders Esq. John A. Lubric, Esq. Violation of Wisconsin Uniform Securities Act; Negligent misrepresentation; Negligence; Failure to supervise Various securities $649,016.00 (compensatory $175,254.00 (compensatory); $11,137.50 (costs) $150,511.00 (interest); $102,731.00 (attorneys’ fees); $11,137.50 (other costs); Recission; Other equitable relief Alan E. Case (P) Frederic R. Dichter (P); Donald V. Anderson (NP) Mixed
10-05035 11/01/10 04/27/12 Settlement Robert S. Gaynor, individually, on behalf of his IRS, Special Account, and as Custodian to any Custodial or Educational Accounts Morgan Stanley Smith Barney, LLC Chicago, Illinois D. Daxton White, Esq. Sean J. Coughlin, Esq. Breach of fiduciary duty; Common law fraud; Negligence; Failure to supervise Colonial BancGroup stock $800,000.00 (compensatory) N/A Interest; Attorneys’ fees; Other costs William M. Koziol (P) Philip J. Glick (P); Michael R. Sherwin (P) Public
10-05065 11/01/10 04/20/12 Settlement Ray Monroy Wells Fargo Investments, LLC; Benjamin Callahan Houston, Texas Joe W. Beverly, Esq. Jack D. Ballard, Esq.; Susan A. Logsdon, Esq. Breach of fiduciary duty; Suitability; Negligence; Negligent misrepresentations; Vicarious liability; Respondeat superior; Violations of federal and state securities laws N/A $120,000.00 (compensatory) N/A Interest; Attorneys’ fees; Other costs; Non-monetary relief Leonard J. Sullivan (P) Robert Dan Sherrill (P); Carol Ann Stapper (NP) Mixed
10-05205 11/17/2010; amended 07/20/2011 04/16/12 Claims denied John J. Somers Jesup & Lamont Securities Co. Inc.; Jesup & Lamont Securities Corp.; William Francis Moreno; Steven Michael Rabinovici; John Joseph Sexton, Jr. Boston, Massachusetts Kerry T. Ryan, Esq.; Albert A. DeNapoli, Esq. Todd A. Zuckerbrod, Esq. Breach of fiduciary duty; Misrepresentations; Non- disclosures; Omission of facts Short-term loan $200,000.00 (compensatory) N/A $39, 840.00 (interest); $25,000.00 (attorneys’ fees) Edward Aptaker (P) Howard J. Wilgoren (P); Maxwell J. Mahoney (NP) Mixed
10-05313 11/18/10 04/26/12 Claims denied Charlotte Garrison Trust FBO Mark Garrison; Charlotte Garrison Trust FBO Lesa Neugent; Charlotte L. Garrison Exempt Marital Trust; Charlotte L. Garrison Marital Trust; Garrison Family LLC; Jack M. Garrison Survivor’s Trust; Revocable Trust of Jack and Charlotte Garrison Jean Elizabeth Adams; Rebbie Sue Thomas; Wells Fargo Investments, LLC Seattle, Washington Carl J. Carlson, Esq.; Jason T. Dennett, Esq. Christopher B. Wells, Esq. Violation of the Washington state securities act; Negligence; Breach of fiduciary duties; Breach of contract; Failure to supervise Proshares Ultra QQQ; Proshares Trust Ultra Mid Cap 400; Proshares Trust Ultra Russell 2000; Proshares Trust Ultra Short Oil and Gas $26,000,000.00 (compensatory) N/A Interest; Damages for tax liabilities; Attorneys’ fees and costs; Other equitable relief Laurie E. Law (P) Charles Scott McClellan (P); Kevin I. Patrick (NP) Mixed
10-05479 12/06/10 04/20/12 In favor of Claimant Frank Criscola, Sr. Sanford C. Bernstein & Co., LLC New York, New York Steven B. Caruso, Esq. Sean M. Murphy, Esq. Misrepresentetion and omission of material facts, Unsuitability; Failure to supervise; Fraud; Negligence; Breach of contract; Breach of fiduciary duty; Respondeat superior; Violation of FINRA/NASD Conduct Rules; Violation of NYSE Board Rules; Violation of the New Jersey Securities Act; Violation of the Investment Advisors Act of 1940 Bernstein Global Diversified Plus Hedge Fund $418,125.00 (compensatory) $159,902.00 (compensatory) Interest; Recissionary, statutory, and/or well managed remedies; Costs; Attorneys’ fees; Punitive and exemplary damages; Forum fees; Other equitable relief Daniel Robbins (P) Herman Taub (P); Howard Weitz (P) Public
10-05530 12/06/10 04/17/12 Settlement Patricia Sturgis individually and as trustee of the Revocable Grantor Trust of June M. Davis Securities Service Network, Inc. St. Louis, Missouri Stuart R. Berkowitz, Esq. Ronald T. Klimas, Esq. Suitability; Failure to supervise Varitable annuity $256,000.00 (compensatory) N/A N/A Julius Z. Frager (P) Sheldon Weinhaus (P); Paul M. Foster (NP) Mixed
10-05640 12/17/10 04/04/12 Claims dismissed Nathan Daniel Goodman RBC Capital Markets, LLC; Scott Robert Wick Helena, Montana Pro se Donald S. Arbour, Esq. Breach of fiduciary duty; Mishandling of his accounts Various securities $529,061.00 (compensatory); $2,000,000.00 (punitive) N/A $7,500.00 (attorneys’ fees; $5,000.00 (interest); $10,000.00 (costs) Linda I. Thomas (P) Gerald D. Wygant (P); G.E. Craig Doupe (P) Public
10-05708 12/16/10 04/20/12 Claims dismissed David W. Fox Morgan Keegan & Company, Inc. Indianapolis, Indiana Brian G. Isaacson, Esq.; Mark J. Wilson, Esq. G. Wayne Hillis, Esq. Fraud N/A $605,470.00 (compensatory) N/A Exemplary/Punitive damages; Interest; Attorneys’ fees; Other costs Stuart D. Summers (P) Stephen L. Flint (P); Todd L. Barlow (NP) Mixed
10-05751 12/22/10 04/12/12 In favor of Claimant Ken Kragen Wedbush Securities, Inc. Los Angeles, California Jeffrey B. Kaplan, Esq. John Lance Erikson Jr. Esq. Negligence; Breach of fiduciary duty; Breach of contract; Negligent supervision; Violation of California Securities Law and Elder Abuse Law Provident Royalties, LLC $150,00000 (compensatory) $127,500.00 (compensatory) Recissionary damages; Interest; Punitive damages; Attorneys’ fees; Costs; Other equitable relief Robert W. Vernon (P) William Lee Krantz (P); Michael John Florio (P) Public
10-05817 12/30/10 04/12/12 Settlement Agnes Christine Ruymen, individually and as Executor of the Estate of Roy Ruymen and Beneficiary of Roy Ruymen’s Retirement Accounts & Plans Morgan Stanley & Co., Inc Newark, New Jersey Edward H. Glenn, Jr., Esq. Thomas P. Briody, Esq. Securities fraud; Common law fraud; Fraudulent misrepresentation and omission; Unsuitability; Overconcentration; Negligence; Breach of fiduciary duty; Breach of contract; Failure to supervise; Violations of FINRA rules Unspecified stocks $1,000,000.00 (compensatory) N/A Interest; Disgorgement of fees and commissions; Well-managed account damages; Costs; Attorneys’ fees; Experts’ fees; Forum fees; Punitive damages Louis H. Miron (P) William R. H. Martin (P); Louis P. Wagman (P) Public
10-05820 12/28/10 04/23/12 Settlement Surendra Gupta E*Trade Securities LLC St. Louis, Missouri Sara E. Hanley, Esq. John Bersin, Esq. Breach of fiduciary duty; Common law fraud; Failure to supervise; Violation of FINRA Rules 2110, 2310 and 3010; Breach of contract. Reverse convertible notes $673,773.22 (compensatory) N/A Punitive damages; Interest; Other costs; Other monetary relief; Other non-monetary relief Frederick Michael Switzer, III (P) Robert J. Bohle (P); David F. Barrett (P) Public
11-00185 01/14/11 04/17/12 In favor of Claimant Mary Carlson, Trustee of the Rosetta Saltzman Revocable Living Trust Wells Fargo Advisors, LLC; Wachovia Securities, LLC; A.G. Edwards & Sons, Inc.; Mary Kathryn Paulin; Robert Laegeler St. Louis, Missouri Kurt J. Schafers, Esq. Gardiner B. Davis, Esq. Breach of contract; Breach of fiduciary duty as a broker under New York law; Breach of fiduciary duty under the Illinois Trust and Trustees Act; Breach of fiduciary duty as a De Facto Trustee under New York Law; Professional negligence; Failure to supervise; Conversion Unspecified transactions $300,000.00 (compensatory) $61,894.00 (compensatory); Interest Exemplary/Punitive damages; Interest; Attorneys’ fees; Other monetary relief David B. Lacks (P) Robert W. Dempsey (P); Michael S. Hill (P) Public
11-00298 01/23/2011; amended 6/6/2011 04/20/12 Claims denied Marshall Caro; Indii.com USE, LLC Fidelity Brokerage Services, LLC New York, New York Pro se Michael G. Shannon, Esq. Breach of contract; Breach of fiduciary duty; Illegal retention of funds; Disclosure of confidential financial information to third parties Unspecified securities Compensatory damages N/A Interest; Punitive damages; Treble damages; Attorneys’ fees; Costs; Injunctive relief William G. Binckes (P) Harold I. Geringer (P); Richard Bemporad (P) Public
11-00511 02/01/11 04/20/12 Claims denied Mark Jerome Emden; Mark Jerome Emden Traditional IRA Acct. Morgan Keegan & Company, Inc. Tampa, Florida Howard B. Prossnltz, Esq.; Blaine Doyle, Esq. George C. Freeman, III, Esq.; Jamie L. Berger, Esq. Violation of Florida Securities Act; Violation of SEC Rule 10(b)-5 of the Securities Exchange Act of 1934 Various funds $100,000.00 (compensatory) N/A Interest; Costs; Attorneys’ fees; Recission; Reimbursement of FINRA filing fee; Other equitable relief Kathryn M. Welsh (P) Jeffrey R. Fuller (P); Gerald F. Gude (P) Public
11-00604 02/09/11 04/10/12 Settlement Peter Vranas Citigroup Global Markets, Inc. Chicago, Illinois Benjamin Lapin Kenneth J. Haim, Esq. Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Breach of conduct; Respondeat superior High-load mutual funds $12,000.00 (compensatory) N/A N/A James J. Stamos (P) N/A Public
11-00681 02/14/11 04/23/12 Settlement Beth Turkel Merrill Lynch, Pierce, Fenner & Smith, Inc. Newark, New Jersey Richard De Vita, Esq. David G. Buffa, Esq.; Robert E. Goldberg, Esq. Negligence; Breach of contract; Breach of fiduciary duty; Suitability; Failure to supervise; Misrepresentetion; Breach of FINRA Rules and New Jersey Uniform Securities Act Long-term variable annuity $75,000.00 (compensatory) N/A Rescission; Commissions; Actual net of pocket losses; Costs; Fees, Interest; Tax penalties imposed; Punitive damage;, Attorneys’ fees; Other equitable relief Kenneth J. Horowitz (P) N/A Public
11-00717 02/18/11 04/19/12 Claims denied Joseph E. Sleiman, as successor-in-interest to West Ventures, LP Charles Schwab & Co., Inc; Thomas A. Gross; John J. McLaughlin, IV; Morgan Keegan & Company, Inc. Orlando, Florida Tucker H. Byrd, Esq.; James S. Byrd, Esq.; Eric M. Rolinson, Esq. Gilbert R. Serota, Esq.; Lee H. Zell, Esq.; Jason B. Tompkins, Esq. Breach of fiduciary duty; Negligence; Negligent misrepresentation; Constructive fraud; Violations of Florida’s Securities and Investor Protection Act, §§ 517.011, et seq., Fla. Stat.; Breach of contract; Negligent misrepresentation Auction rate securities $381,546.26 (compensatory) N/A Punitive damages; Interest; Costs; Attorneys’ fees Robert S. Mautner (P) Larry J. Craddock (P); Cary L. Weissman (NP) Mixed
11-00722 02/15/11 04/19/12 In favor of Claimant with regards to Respondent Community Bankers Securities, LLC Janice W. Robinson; Robinson Trust; P. Douglas Martin; Ellen Martin; Paul D. Martin Trust Community Bankers Securities, LLC; Compass Financial Advisors, LLC; Fintegra, LLC; Questar Asset Management, Inc; Questar Capital Corporation Richmond, Virginia Andrew R. Park, Esq. Steven S. Biss, Esq.; Sandra S. Smalley-Fleming, Esq.; Jeffrey D. Hedlund, Esq. Violations of the Virginia Securities Act and other Blue Sky statutes; Violation of the federal securities laws; Common law fraud; Breach of fiduciary duty; Negligence; Unauthorized trading; Breach of contract; Failure to supervise and negligent hiring; Violation of state, federal, FINRA, NASD, and NYSE rules and regulations; Principals of agency, vicarious liability, respondeat superior, and control person liability; Gneral equitable principles that apply in FINRA arbitrations. Variable annuities; Common stock $115,000.00 (compensatory) $115,000.00 (compensatory); Costs; Interest Recission; Lost opportunities; Punitive damages; Commission and fees; Interest; Costs and attorneys’ fees; Other equitable relief Janice L. Burnham (P) Arthur B. O’Connell (P); John W. Lewis (NP) Mixed
11-00793 02/24/11 04/05/12 Settlement Elizabeth J. Dawson Citigroup Global Markets, Inc. Ft. Lauderdale, Florida Scott L. Silver, Esq. Kenneth J . Haim Breach of fiduciary duty; Negligence; Failure to diversify; Breach of contract; Failure to supervise Various funds $100,000.00 (compensatory) N/A Interest; Recission; Punitive damages; Costs; Other equitable relief Jeffrey R. Roth (P) N/A Public
11-00984 03/03/11 04/13/12 In favor of Claimants Lawrence R. Stone; Elaine L. Stone Ameriprise Financial Services, Inc. Seattle, Washington Bruce D. Oakes, Esq. Howard M. Klausmeier, Esq. Breach of fiduciary duty; Negligence/negligent misrepresentation/omission; Violation of Washington’s Securities Act; Common law fraud; Breach of contract; Negligent supervision Unspecified equities; REIT $101,881.00 (compensatory) $10,300.00 (compensatory) Punitive damages; Interest; Attorneys’ fees; Costs; Filing and forum fees; Other equitable relief Kim D. Stephens (P) William J. Bender (P); Dante Lee Montoys (P) Public
11-00993 03/09/11 04/06/12 Settlement Harvey J. Boritz; Harvey J. Boritz Rollover IRA Ameriprise Financial Services, Inc.; James Bruce Barr Boca Raton, Florida Michael S. Hill, Esq. Edward A. Walton, Esq. Unsuitability; Misrepresentation; Breach of contract; Failure to supervise Variable annuity $38,217.00 (compensatory) N/A Recission; Statutory interest; Attorney’s fees; FINRA fees; Other equitable remedies Robert A. Sauerberg (P) N/A Public
11-01006 03/10/11 04/11/12 Claims dismissed Andy Shalit; Tresa Shalit Morgan Stanley Smith Barney, LLC d/b/a Morgan Stanley Smith Barney Houston, Texas Todd A. Prins, Esq.; Claire Vaughan, Esq. Brian C. Hale, Esq. Negligence; Breach of fiduciary duty; Misrepresentation; Chuming; Unauthorized trading; Suitability; Manipulations; Statutory fraud pursuant to section 27.01 of the Texas Business & Commerce Code; Fraudulent misrepresentation; Fraud by non-disclosure Municipal auction rate securities $30,000.00 (compensatory); $60,000.00 (exemplary/punitive) N/A Interest; Attorneys’ fees; Other costs Charles E. Munson, Jr. (P) N/A Public
11-01039 03/05/11 04/20/12 Claims dismissed Florence Pesce J.P. Morgan Securities, LLC; Banc One Securities Corporation Cleveland, Ohio Pro se Elizabeth M. Hill, Esq. Manipulations; Misrepresentations; Omissions Bank account $500,000.00 (compensatory); $1,000,000.00 (exemplary/punitive) N/A Other costs Gregory P. Szuter (P) Jeffrey M. Bain (P); Kimberly C. Lawrence (P) Public
11-01218 03/25/11 04/05/12 In favor of Claimant Robert Olson Michael J. Finnan; Paul J. Metz; Morgan Wilshire Securities, Inc.; Richard D. Pollan Los Angeles, California Robert A. Uhl, Esq., Director; Maxfield Marquardt, Certified Law Student; Cory O’Yang, Certified Law Student; Pepperdine University School of Law, Investor Advocacy Clinic, Malibu, California Peter B. Dolan, Esq. Breach of fiduciary duty; Breach of written contract; Fraud by misrepresentation and omission; Failure to supervise and control; Violation of state and federal securities laws; Violation of FINRA rules of fair practice and NYSE rules Unspecified securities $46,810.00 (compensatory) $45,000.00 (compensatory) Rescission; $5,014.00 (lost opportunity costs); Attorneys’ fees and costs; Interest; Punitive damages; Other equitable relief Milton N. Gross (P) N/A Public
11-01493 04/10/11 04/12/12 In favor of Claimant David Swayze The Huntington Investment Company; Michael Young; Catherine Hutton Columbus, Ohio Edward J. Duffy, Jr., Esq. Douglas R. Jennings, Esq. Breach of contract; Neglience; Breach of fiduciary duty Unspecified stocks $122,221.00 (compensatory); $245,000.00 (exemplary/punitive) $2262.37 (compensatory) Interest; Attorneys’ fees; Other costs Kathleen P. Helbig-Hannan (P) Louis V. Imundo (P); Karen Yvonne Preston (P) Public
11-01676 04/20/12 04/10/12 Claims denied Gary Grown; Estelle Brown Trust Barry Bayat; UBS Financial Services, Inc. Los Angeles, California Ralph Rogari, Esq. Michael M. Gless, Esq. Fraud; Breach of fiduciary duty; Unfair business practices Various preferred stocks $497,544.09 (compensatory); $2,500,000.00 (punitive) N/A Restitution; Attorneys’ fees; Costs; Other equitable relief Steven A. Wawra (P) Robert Alan Merring (P); Mary K. Foust (NP) Mixed
11-01699 04/28/11 04/04/12 Claims dismissed Gerald Fusco Ameriprise Financial Services, Inc.; James Thomas Gioia Houston, Texas Pro se Craig Brinker, Esq.; LaToyia K. Pierce, Esq. Breach of fiduciary duty; Fraud Unspecified securites $500,000.00 (compensatory) N/A N/A Leonard J. Sullivan (P) Alan M. Holzberg (P); William M. Lacy (NP) Mixed
11-01875 05/06/2011; amended 06/21/2011 03/26/12 In favor of Claimant Marvin J. Blum Cambridge Legacy Securities, LLC Dallas, Texas Richard A. Lewins, Esq. John W. Mahoney, Esq. Violation of the Arkansas Securities Act; Breach of fiduciary duty; Violation of FINRA Rules Unspecified limited partnerships $500,000.00 (compensatory) $444,796.38 (compensatory); $900,000.00 (punitive); $12,000.00 (costs); $150,000.00 (attorneys’ fees) Punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief William E. Hartsfield (P) Joseph G. Werner (P); Mary Elizabeth Skelnik (P) Public
11-01945 05/16/11 04/21/12 Settlement Thurman Ross Wells Fargo Advisors, LLC Jacksonville, Florida Jeffrey B Kaplan, Esq. Richard L. Martens, Esq.; Matthew N. Thibaut, Esq. Breach of contract; Breach of fiduciary duty; Violations of FINRA conduct rules; Negligence; Negligent supervision; Negligent misrepresentation and omissions; Failure to supervise; Violation of the Georgia Blue Sky Act Exchange-traded funds; Commodities; Speculative stocks $5,000,000.00 (compensatory) N/A Interest; Punitive/treble damages; Attorneys’ fees; Costs; Recissionary damages; Other equitable relief Simone Sicola (P) Kenneth J. Bennett (P); Susan Jefferbaum Beck (P) Public
11-02366 06/08/11 04/27/12 Claims denied Hunter R. McKenney Morgan Stanley Smith Barney Raleigh, North Carolina L. Bruce McDaniel, Esq.; C D . Heidgerd, Esq. Gregg P. Garneau, Esq. Breach of contract; Failure to execute; Breach of fiduciary duty; Failure to supervise; Negligence Unspecified securities $231,000.00 (compensatory); $700,00.00 (punitive) N/A Interest; Costs; Expenses; Attorneys’ fees; Other equitable relief Michael E. Weddington (P) Wayne Parker (P); Lane A. Fentriss, Jr. (NP) Mixed
11-02796 07/14/11 03/22/12 Claims denied Alpine Optics, Inc. E*Trade Securities, LLC N/A Horst Stahl Meredith A. Felde, Esq. Illiquidity of investment Auction rate securities $1,830.00 (compensatory) N/A N/A Leonard E. Benade (P) N/A Public
11-03184 08/10/11 04/27/12 In favor of Claimant Barry Adelman First Allied Securities, Inc.; John Franklin Gager; Thomas Mario Schorn N/A Joseph E. Kluger, Esq. Samuel E. Cohen, Esq. Violations of secs. 10(b) and 20(a) of the 1934 Act and Rule 10b-5; Violations of the Pennsylvania Unfair Trade and Consumer Protection Law; Violations of the Pennsylvania Securities Act of
1972; Breach of fiduciary duty; Fraud; Negligence; Breach of contract
Unspecified equities $25,000.00 (compensatory) $25,000.00 (compensatory); Interest Interest; Attorneys’ fees; Costs; Other damages Marshall S. Galinsky (P) N/A Public
11-03192 08/15/11 04/20/12 Withdrawn Francisco de Assis de Mello Cabral; Miriam Mussnich Cabral Flavio Hojda; Safra Securities, LLC Miami, Florida Russell L. Forkey, Esq. Lauren S. McGoey, Esq. Unauthorized purchases; Misleading statements and omissions of facts; Unsuitability Corporate bonds; Structured notes; Stocks $250,000.00 (compensatory) N/A Interest; Costs David M. Levine (P) N/A Public
11-03699 09/22/11 04/03/12 Arbitration is barred by Code Rule 12206 Vishin Wadhwani; Vinita Wadhwani Morgan Stanley & Co., LLC Los Angeles, California Marc I. Zussman, Esq. Wendy Robinson, Esq. Responsibility to supervise associated persons; Selling away; Control person liability; Respondeat superior; Agency; State law control person; Breach of fiduciary duty; Fraud; Misrepresentation Unspecified registered security $150,000.00 (compensatory) N/A Recission; Consequential damages; Punitive/exemplary damages; Interest; Costs and expenses; Expert witness fees Kirtley M. Thiesmeyer (P) Owen Frances (P); Michael R. Diliberto (P) Public
11-03984 10/17/11 04/18/12 In favor of Claimants Suzan S. Amara; Ayman S. Amara TD Ameritrade, Inc. N/A Benjamin B. Segel, Esq. James J. Vihstadt Unauthorized trading Unspecified stocks $25,000.00 (compensatory) $5,151.00 (compensatory) Costs; Interest; Other damages Kathleen P. Helbig-Hannan (P) N/A Public
11-04015 10/19/11 04/24/12 Claims denied Thomas Buoneto Peter Vincent Smith, III; Peter Vincent Smith, Sr.; Wells Fargo Advisors, LLC N/A Pro se William S. Port, Esq. Failure to sell shares of stock as directed; Breach of duties; Negligence Unspecified stocks $9,477.50 (compensatory); $9,477.50 (punitive) N/A Costs Peter P. Skormorowsky (P) N/A Public
10-03743 08/16/10 05/07/12 In favor of Claimant; Claims denied (against Wells Fargo Investments, LLC) R.L. Wagner Trust-Richard Wagner Trustee; Richard Wagner; Donna E. Wagner Walter Ernesto Dolhare; Alan Thomas Hogg; Paul Randelman, Mark Steven Reed; Wells Fargo & Company; Wells Fargo Bank, N.A.; Wells Fargo Brokerage Services, L.L.C.; Wells Fargo Institutional Securities, LLC; Wells Fargo Investments, LLC Los Angeles, California James R. Ebert, Esq.; William A. Malis, Esq. Peter R. Boutin, Esq.; Julie A. Kole, Esq. Misrepresentation; Omissions; Financial discrimination; Inconsistent practices; Breach of fiduciary responsibilities; Conspiracy to commit fraud; Fraud Auction Rate Securities $1,450,000.00 (reimbursement); $1,825,000 (reimbursement) $850,000.00 (R.L. Wagner Trust); $1,375,000.00 (Donna E. Wagner); Disposition below cost of the Grand Traverse security ($6,000.00) Filing fees; Legal fees; General damages; Interest; Punitive damages; Costs; Recission Richard M. Norman (P) Gerald F. Corrigan (P); Kenneth I. Rosenblum (NP) Mixed
10-04897 10/15/10 05/15/12 Claims settled Stephen Simensky; Rosalee Simensky; Stephen Simensky Revocable Trust; Rosalee Simensky Revocable Trust UBS Financial Services, Inc. Boca Raton, Florida Bradford M. Gucciardo, Esq. Wesley Holston, Esq. Common law fraud; Breach of fiduciary duty; Negligence (gross negligence); Breach of contract Fannie Mae; Chesapeake Energy; Barclays; Market Vectors Gold Miners ETF; Proshares Trust Ultra Oil & Gas; Activision Blizzard; Proshares Ultrashort Lehman 20 $3,500,000.00 (compensatory); $10,500,000.00 (punitive) n/a Pre-judgment and post-judgment interest at the legal rate for loss of use of capital; Costs and fees Lawrence M. Green (P) Steven N. Ainbinder (P); Myron E. Levenson (P) Public
10-04990 11/02/10 05/22/12 Claims denied; Claims dismissed Candelario Garcia, San Juanita Garcia, as General partners, CSJ Family Partnership Ltd. Morgan Stanley & Co., Incorporated; Morgan Stanley in its common or assumed name, Morgan Stanley DW, Inc. Houston, Texas J. Mitchell Clark, Esq.; William R. Edwards, Esq. Jonathan D. Robbins, Esq.; Thomas P. Briody, Esq. Violation of FINRA Code of Conduct Rules; Breach of contract; Violation of state securities statutes; Violations of consumer protection statutes; Claims under common law Variable annuities with high commissions and management fees $726,000.00 – $3,900,000.00 (compensatory) n/a Exemplary/punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief Donald K. Eckhardt (P) Frank M. Romano (P); Ronald R. Simpson (NP) Mixed
10-05250 11/18/10 05/15/12 In favor of Claimant Zvi Streit; The Streit Living Trust Oppenheimer & Co., Inc. Los Angeles, California George A. Shohet, Esq. Diana A. Sur, Esq. Breach of fiduciary duty; Common law fraud; Negligent misrepresentation; Elder abuse; Neglience; Violation of federal and state securities laws and NASD/FINRA rules and regulations; Constructive fraud; Violation of California’s Civil Code and Business and Professional Code; Breach of written contract; Unsuitability Auction rate securities $143,400.00 (general and compensatory); $447,697.00 or $143,400.00 or $271,120.00 (damages) $143,400.00 (compensatory) Disgorgement of all commissions and fees; Statutory and treble damages for elder abuse; Lost opportunity Costs; Punitive damages; Attorneys’ fees and costs; Pre and Post Judgment Interest at the legal rate on all sums recovered Susan B. Gans-Smith (P) Robert B. Hansohn (P); David L. Maislen (P) Public
10-05367 11/24/10 05/03/12 Claims dismissed William Condon Kovack Securities Inc.; Yaron Reuven; Reuven Enterprises Securities Division, LLC Los Angeles, California Marc I. Zussman, Esq. Michael Huberman, Esq.; Elaine M. Rice, Esq. Wrongful conduct; Breach of written contract; Fraud by misrepresentation; Failure to supervise and control; Violation of federal and state securities laws and statutory common law; Violation of FINRA’s rules of fair practice and NYSE’s rules; Elder abuse Nextel Partners, Inc.; Sirus Satellite Radio, Inc.; Advanced Micro Devices; Flagstar Bancorp, Inc.; Nasdaq 100; Sunopta, Inc.; Sun Microsystems, Inc. $1,268,336.00 (compensatory) n/a Full recission of all securities transactions; Lost opportunity costs; Attorneys’ fees and costs; Pre- and Post-judgment Interest at the legal rate; Punitive damages Anita Rae Shapiro (P) Robert W. Vernon (P); James M. Goldberg (NP) Mixed
10-05584 12/14/10 05/10/12 Claims settled Louis Najdzin E*Trade Securities LLC; E*Trade Financial Corporation; William John Velthaus Newark, New Jersey Peter Nichols, Esq. John Bersin, Esq. Breach of fiduciary duty; Misrepresentation; Omission of facts; Unsuitability Blackrock and Eaton Vance auction rate securities $125,000.00 (compensatory); $500,000.00 (punitive) n/a Interest; Attorneys’ fees and costs Alan Shaw (P) Bernard M. Levine (P); Ronald Citron (NP) Mixed
10-05616 12/08/10 05/11/12 Claims settled Susan Blickman John David Compton; Wells Fargo Advisors, LLC Newark, New Jersey John A. Daniels, Esq. Michael Naccarto, Esq. Deliberate, willful, and fraudulent misappropriation; Misplaced and deliberate misrepresentation of material facts US Tiger Bond certificate $150,000.00 (compensatory); $865,000.00 (punitive) n/a Attorneys’ fees ($50,000.00); Costs ($10,000.00) Linda T. Pellegrino (P) Alan Shaw (P); Sandralin J. Kiss (NP) Mixed
10-05634 12/13/10 05/07/12 Claims denied; Claims dismissed Robert E. Barry, on behalf of the Robert E. Barry IRA Ameriprise Financial Services, Inc. Detroit, Michigan Pro se Howard M. Klausmeier, Esq. Negligence; Failure to supervise; Breach of contract; Violation of FINRA Rule 3010 Savings, brokerage and IRA accounts $400,000.00 (compensatory) n/a Interest; Attorneys’ fees; Other costs William P. Thorpe (P) Patrick R. Sughroue (P); Mark L. Kowalsky (NP) Mixed
11-00105 01/07/11 05/18/12 Claims settled Robin Joan Hennessy; Robin Joan Hennessy IRA IFG/Russell Advisors, Inc.; Richard Burton Megorden, II; Walnut Street Securities, Inc. Charlotte, North Carolina Robert A. Kantas, Esq. David Franceski, Esq.; Marianne Johnston, Esq. Breach of contract and warranties, promissory estoppel; Breach of fiduciary duty; Misrepresentations; Omissions of facts; Respondeat superior/vicarious responsibility; Violation of North Carolina Securities Act; Negligence and gross negligence; Unauthorized transactions Class S mutual funds; Class I mutual funds; Russell Global Equity, Class S; Russell Emerging Markets, Class S; Russell Multi Strategy Bond FD S; Russell Real Estate Securities CI S; Russell Quantitative Equity Fund CI S; Russell Diversified Equity FD CI S; Russell Intl. Securities Class S; Russell Special Growth Class S $500,000.00 – $1,000,000.00 (compensatory) n/a Statutory and/or punitive damages; Pre-and post-judgment interest; Costs; Lost opportunities; Rescission; Attorneys’ fees John Russell Barlow, II (P) Rudolph Andrew Bata, Jr. (P); John G. Shamp (P) Public
11-00494 02/04/11 05/29/12 Claims dismissed Barnard Lewis Family Trust Chase Investment Services Corp.; WAMU Investments, Inc. San Francisco, California Edward H. Glenn, Esq. Erika Imre Schindler, Esq.; Joseph S. Simms, Esq. Securities fraud; Common law fraud; Misrepresentation; Unsuitability; Overconcentration; Breach of fiduciary duty; Breach of contract; Negligence and failure to supervise; Violation of federal securities law, California state securities and common law and FINRA rules Medium Term Notes $300,000.00 (recission of purchases and/or compensatory) n/a Pre- and post-award interest; Costs; Expenses; Attorneys’ fees; Expert fees; Forum fees; Punitive damages Herbert Liberman (P) Amy Seltzer (P); Paul D. Guiterrez (P) Public
11-00571 02/07/11 05/03/12 Claims denied Dennis Herman J.P. Morgan Securities, Inc.; Cheryl Ann Black; Harold C. Eylward New York, New York Lawrence R. Gelberg, Esq. Eugene L. Small, Esq. Breach of contract; Securities fraud; Common law fraud; Breach of fiduciary duty; Breach of duty of good faith and fair dealing; Negligence; FINRA and NYSE rule violations; Failure to supervise; Respondeat superior GE Credit Linked Note; Carlyle Capital Corporation Limited Restricted Stock $662,500.00 (actual); $657,500.00 (compensatory) n/a Exemplary damages ($75,000.00); Costs; Fees and expenses; Attorneys’ fees ($50,000.00) Ann C. Northern (P) James M. Baumann (P); Edward Baer (NP) Mixed
11-00723 02/17/11 05/18/12 Claims settled Dianna N. Crossman Cynthia Ghiloni Kines; Wells Fargo Advisors, LLC Boca Raton, Florida Andrew V. Tramont, Esq. Sara Soto, Esq. Breach of fiduciary duty; Unsuitability; Negligence; Negligent supervision; Breach of contract Unspecified open end mutual funds $350,000.00 (compensatory) n/a Costs; Interest David Rich (P) Cheryl E. Winton (P); Richard F. Lang (NP) Mixed
11-00741 02/17/11 05/16/12 Claims dismissed Michael P. Mosesson Morgan Stanley Smith Barney Milwaukee, Wisconsin James A. McGurk, Esq. Gregory B. Simon Negligent supervision; Breach of fiduciary duty; Negligent account management; Violation of Winconsin Securities Laws IRA accounts Unspecified n/a Unspecified compensatory damages; Unspecified punitive damages; Interest; Attorneys’ fees; Other costs P.J. Boylan (P) Jerry D. McCormack (P); Deborah Jervis Fabritz (NP) Mixed
11-00973 03/02/11 05/02/12 In favor of Claimants Chhaganbhai Patel; Jashuben C. Patel Shondeep Sajan Balchandani; Naveen K. Bhagwani; Niyukt Raghu Bhasin; Michael Owen Brown; Irving Marvin Burstein; Rabinder Deshmukh; NSM Securities, Inc.; Sterne, Agee & Leach, Inc. Louisville, Kentucky Steven M. McCauley, Esq. David Choi, Esq.; Rebecca A. Beers, Esq.; Pro se (Shondeep Sajan Balchandani); Pro se (Naveen K. Bhagwani) Breach of fiduciary duty; Churning; Misrepresentations, omission of material facts, suitability; Fraud; Negligence; Control person liability Unspecified $730,000.00 (compensatory) $329,732 .47 (compensatory); Pre-award interest on compensatory damages ($221,811.62); $200,000.00 (punitive damages); Attorneys’ fees ($271,090.43); Post-award interest on compensatory damages, punitive damages and attorneys’ fees (12%); Costs ($5,000.00) Punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief; Specific performance (disgorgement of commissions) Bill Swinford, Jr. (P) Bernard D. Leachman, Jr. (P); William Phillip Emrick (P) Public
11-01208 03/23/11 05/07/12 Claims denied; Claims dismissed Milton Ward Olympia Asset Management, Ltd.; Michael Patrick Murphy; Michael Patrick McNulty; Brandon Leon Dallas, Texas John J. Miller, Esq. Charles M. O’Rourke, Esq.; Timothy Feil, Esq. Violation of Texas Securities Act; Misrepresentation and omission; Negligence; Breach of contract; Breach of fiduciary duty China Sunergy; Netsuite; Cypress Semiconductor; Bear Stearns $447,761.00 (compensatory) n/a Exemplary/punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief Phillip Lee Scheldt (P) Mark L. Williams (P); Anita M. Jean (P) Public
11-01249 03/25/11 04/30/12 In favor of Claimant William Garvey Lighthouse Capital Corporation; Mark A. Powell; Robert J. Zamecki San Francisco, California Brett A. Alcala, Esq. Robert J. Zamecki; Jonathan Schwartz, Esq. Breach of contract; Breach of fiduicary duty; Fraud; Negligent misrepresentation; Failure to supervise; Respondeat superior; Violation of state and federal securities laws; Violation of FINRA’s Rules of fair practice IMH Secured Loan Fund; Argus Growth/Income LP $100,000.00 (rescissionary damages-IMH Secured Loan Fund investment); $50,000.00 (rescissionary damages-Argus Growth/Income LP investment) $100,000.00 (compensatory) Statutory interest on rescissionary damages (10%); Attorneys’ fees and expenses; Costs William Ziering (P) Mary Margaret Bush (P); Stewart H. Foreman (P) Public
11-01283 03/29/11 04/30/12 Claims denied; In favor of Claimant (with regard to reimbursement by Respondents for claim filing fee) Rita F. Lenda AAA; Rita F. Lenda IRA Edwin R. Lenda; Morgan Stanley Smith Barney LLC Atlanta, Georgia Sandra L. Malkin, Esq.; Edward J. Dovin, Esq. John L. Castelly, Esq. Failure to supervise; Churning; Omission of facts; Suitability and unauthorized trading; Breach of fiduciary duty; Negligence Enterra Energy Trust; Proshares Ultrashort; SL Inustries; USEC $398,000.00 (compensatory) $300.00 (reimbursement for claim filing fee) Costs and sxpenses ($7,261.72); Disbursements; Attorneys’ fees (35% of the damages awarded to Claimants); Pre- and post-award interest Harvey R. Linder (P) Gary J. Leshaw (P); Floyd W. McRae, III (NP) Mixed
11-01585 04/15/11 05/15/12 Claims denied; Claims dismissed Roberta Eaton, Individually and as Trustee of the Rondal Eaton Trust Chase Investment Services Corp.; Jeffrey L. Roache Indianapolis, Indiana Zachary J. Eichel, Esq. Michael N. Unger, Esq.; Elizabeth M. Hill, Esq. Breach of contract; Failure to supervise; Breach of fiduciary duty; Misrepresentations; Omissions of facts Non-qualified variable annuity issued by Hartford Life; Franklin Income Securities Fund; Templeton Growth Fund; Mutual Series Fund, Inc. $851,049.75 (compensatory) n/a Interest; Attorneys’ fees; Other costs; Other monetary relief Allan Weiss (P) Raymond M. Kirtley (P); William Lawrence Spellman (NP) Mixed
11-01825 05/08/11 05/24/12 Claim dismissed (negligence) Don A. Paradiso Delaney Equity Group, LLC; Ian Charles Kass; Penson Financial Services, Inc. Ft. Lauderdale, Florida Pro se (Don A. Paradiso, Esq.) David R. Chase, Esq.; Mark Cuccaro, Vice President and Associate General Counsel Negligence Common shares of Flameret, Inc. $163,041.00 (compensatory) n/a n/a Harvey Alan Blicksilver (P) Philip L. Manczak (P); Stefano Ferruggia (P) Public
11-01845 05/05/11 04/26/12 In favor of Claimant James E. Johnson Todd Bauerle; Bauerle Financial, Inc. Orlando, Florida Philip J. Snyderburn, Esq. Kirk T. Bauer, Esq.; Jeffrey B. Kelvin, Compliance Consultant Fraudulent inducement; Breach of fiduciary duty; Negligence; Breach of contract Covenant Partners International Equity Fund; Covenant Partners Domestic Equity Fund; Cornerstone Ministries; Betty J. Johnson Testamentary Trust; California Baptist Foundation; Church Cap FDG LLC; Covenant Partners I, Ltd. $195,025.00 (compensatory damages) $7,500.00 (compensatory damages) Punitive damages; Interest; Costs Stuart K. Furman (P) Joseph John Mantione (P); Lauren S. Puritz (P) Public
11-01909 05/11/11 05/24/12 In favor of Claimants; In favor of Respondent; Claims dismissed (against MAM); Claims dismissed (against Hall, Heshelow, Lambert, and Langer) DRG Hendersonville TIC 13 LLC; Rose Kramer; Stanley Kramer; Mayer & Rose Kramer Inter Vivos Trust Ame; Mayer & Rose Kramer Inter Vivos Trust; TIC Ren Meadowlands 31, LLC Larry Ivan Behrends; Capstone Financial Group, Inc.; Capwest Securities, Inc.; Ronald Lee Ellis; Amy Grindstaff; Dale Keith Hall; Kathleen Louise Heshelow; Lawrence William Lambert; Michelle Rebecca Langer; MAM Securities, LLC; Jeffrey Jon Pridey; David L. Smith; Robert Tweed; Debra Harrawood White Los Angeles, California Jonah A. Toleno, Esq. H Thomas Fehn, Esq.; Orly Davidi, Esq.; Thomas R. Opsahi, CEO; Corporate Officer (unnamed); Keith E. Grindstaff, Esq.; Robert C. Rosen, Esq.; Pro se (Larry Ivan Behrends); Pro se (David L. Smith); Pro se (Debra Harrawood White) Fraudulent misrepresentation; Fraudulent concealment and omission; Negligent misrepresentation; Negligent concealment and omission; Breach of fiduciary duty; Unsuitability; Failure to supervise; Breach of implied covenant of good faith and fair dealing; Elder abuse under California Law; Violations of state and federal securities laws; Violations of FINRA, NASD and NYSE rules Tenancy-in-common investments $1,000,000.00 (damages) To Claimants: $338,000 (compensatory); Interest (5% per annum). To Respondent Smith: Costs ($4,000.00) Rescission of the investments; Interest at the legal rate; Treble damages; Attorneys’ fees and costs; Punitive damages Vincent J. Natoli, Jr. (P) Robert F. Saint-Aubin (P); W. Alex King (P) Public
11-01972 05/14/11 05/29/12 Claims settled; Claims dismissed Sharon Loomis, individually and on behalf of Bill Loomis IRA; Bill Loomis, individually and on behalf of Bill Loomis IRA Merill Lynch, Pierce, Fenner & Smith, Inc. Houston, Texas Chris Bell, Esq. Casey L. Moore, Esq. Breach of contract and warranties; Promissory estoppel; Consumer protection and deceptive trade practices; The Federal Securities Exchange Act; State securities statutes; Section 27.01 of Texas Business and Commerce Code; Claims under common law; Vicarious liability. Unspecified $300,000.00 (compensatory) n/a Exemplary/punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief Larry J. Craddock (P) Martin Epner (P); Juanita D. Ray (P) Public
11-02030 05/19/11 05/21/12 Claims denied; Claims dismissed Joyce Marie Sills Fidelity Brokerage Services LLC Richmond, Virginia Pro Se Christine M. Hanna, Esq. Misrepresentations; Compensation; Failure to execute. Diamond Resorts 401(k) Savings Plan $11,000,000.00 (compensatory) n/a Specific performane; FINRA fees; Attorneys’ fees; Witness fees; Other costs Joseph A. Kenary (P) Jane C. Carney (P); John Kevin Williams (NP) Mixed
11-02272 06/03/11 05/10/12 In favor of Claimant Joseph K. Murphy as the Custodian of his IRA Capwest Securities, Inc. Chicago, Illinois Paul D. Malmfeldt, Esq. n/a Violations of FINRA Conduct Rule 2310; Violations of FINRA Conduct Rule 3010; Negligent misrepresentation; Breach of contract. Argus Growth Income LP Notes; Striker Petroleum LLC convertible debentures; Desert Capital Real Estate Investment Trust, Inc. preferred stock $275,000.00 (compensatory) $275,000.00 (compensatory); Interest from and including June 3, 2011, through and including May 8, 2012 (5% per annum) Interest; Attorneys’ fees; Other costs John N. Chapin, Jr. (P) Sal Presti, CPA (P); Victor Elting, III (NP) Mixed
11-02285 06/06/11 05/07/12 In favor of Claimants Benjamin Bosowski; Manuel Cacdac; Priscilla Nash Clegg; Jeffrey Clegg; Jessica Clegg; Rebecca Nash Mitchell; Q. Peter Nash; Debra Nash; Mark Nash; Lucille Nash; Gerald Q. Nash; Nash Foundation E*Trade Securities LLC Tampa, Florida Jeffrey P. Coleman, Esq. Lonnie L. Simpson, Esq. Negligence; Breach of fiduciary duty; Failure to supervise; Common law fraud; Breach of contract; Violation of Florida Statutes, Chapter 517; Violations of the industry standards. Unspecified securities $13,177,299.00 (compensatory, inclusive of interest) $1,365,000.00 (compensatory) Interest; Disgorgement of commissions and other revenue generated from the accounts; Costs; Expenses; Disbursements; FINRA fees; A determination of their entitlement to attorneys’ fees; Punitive damages Frank Brenner (P) Ian S. Greig (P); Noel K. Evans (P) Public
11-02505 06/21/11 05/21/12 Claims dismissed; Claims settled (Fidelity) Joe D. Roberts IRA; Barbara J. Roberts; Joe D. Roberts Fidelity Brokerage Services LLC; David Carl Ursem; Wells Fargo Advisors, LLC Los Angeles, California Montgomery G. Griffin, Esq. Trae D. Meyr, Esq.; Judy Louie, Esq. Breach of fiduciary duty; Violation of California Financial Elder Abuse Act; Violation of industry standards. IRA consisting of: Mutual funds; Stock funds; Investment-grade bond funds; Junk bond funds; Muncipal bonds As to Fidelity Respondents: $127,287.00 (compensatory/out-of-pocket losses); As to Respondent WFA: $82,554.00 (damages) n/a As to Fidelity Respondents: Lost profits; Consequential damages; Interest (10% per annum); Punitive damages; Costs of arbitration; Expenses. As to Respondent WFA: Damages equal to the reduction of Claimants’ monthly social security benefits; Interest (10% per annum); Costs of arbitration; Expenses. Joseph C. Watson (P) Robert Allan Klein (P); Cynthia Ruth Saffir (P) Public
11-02609 07/01/11 05/01/12 Claims denied Shine Capital Corporation Cantor Fitzgerald & Co. New York, New York Vivian R. Drohan, Esq. Arthur D. Felsenfeld, Esq. Breach of the terms of customer agreement; Breach of the implied convenant of good faith and fair dealing; Breach of fiduciary duty; Gross negligence. Unspecified $190,000.00 (compensatory) n/a Interest (9% per annum); Costs; Expenses Martin H. Zern (P) Evan L. Gordon (P); William A. Hohauser (NP) Mixed
11-02745 07/04/11 05/14/12 Claims dismissed; In favor of Respondent (Rashe-attorneys’ fees) Alice M. Potter Ameritas Investment Corp.; Tommy David Bowman; Lawrence Albert Rasche Orlando, Florida David Liebrader, Esq. Brian P. Nally, Esq.; Andrew Dorman, Esq.; Jason D. Winter, Esq. Breach of fiduciary duty; Fraud and misrepresentations; Negligence; Violation of Florida Securities Law; Violations of FRS § 517.07, 517.12 and 517.211 (violation of registration and licensing requirements). DLG Notes (unregistered securities) $327,885.00 (compensatory) n/a Recission of the investment; Consequential damages; Disgorgement and restitution of all earnings; Profits; Damages; Pre-and Post-award interest; Costs; Attorney’s fees; Expert witness fees Thomas F. Shine (P) Alan E. Linden (P); David C. Matthews (NP) Mixed
11-02984 12/05/11 05/01/12 Expungement Joshue Christopher Bliss; E*Trade Securities LLC Sheila R. Mitchell Trust; Sherry Raymond Supplemenatal Needs Trust; Thomas J. Kolb Trust Phoenix, Arizona John E. Bersin, Esq. Thomas J. Kolb, TTEE Relating to prior dispute entitled Sheila Mitchell Supplemental Needs Trust, et al. v. E*Trade Securities LLC and Joshue C. Bliss, FINRA Case No. 10-00623 n/a n/a n/a Expungement Ronald Edward Hibbing (P) Robert Harrison Schlosser (P); Suzanne M. Dallimore, P.C. (NP) Mixed
11-03086 08/05/11 05/03/12 Expungement Edward Jones; Bernard Parker Mary J. Falloon New York, New York Dennis J. Capriglione, Esq. Pro Se Expungement of a previous arbitration brought by Respondent against Claimants. n/a n/a n/a Expungement David Finnegan (P) Larry Kars (P); Mary K. Ortegon (NP) Mixed
10-03553 08/06/10 06/20/12 Claims settled Josephine Casey; Donald Casey Advest, Inc.; Janney Montgomery Scott LLC; Raymond James Financial Services, Inc. Tampa, Florida Vincent J. Imbesi, Esq. Terrance A. Bostic, Esq.; Craig R. Glasser, Esq.; David L. Ward, Esq.; Nicki Samson, Esq. Breach of fiduciary duty; breach of implied covenant of good faith and fair dealing; omissions; unsuitability; negligent supervision; breach of contract; overconcentration Unspecified mutual funds, stocks and mortgage-backed securities $164,000.00 (compensatory) N/A Lost interest; post-award interest at the statutory rate; attorneys’ fees; FINRA costs; expert witness fees; other costs and expenses; punitives damges; other relief Maurice M. Feller (P) Donald R. Ormrod, Sr. (P); Alfred Brunette, J. (P) Public
10-04064 09/09/10 06/05/12 Claims denied Warren M. Messier; Claire M. Messier Banc of America Investment Services, Inc.; Bank of America; Henry M. Mello; Deborah Ann Mota Providence, Rhode Island Bruce A. Assad, Esq. John O. Lukanski, Esq. Tort; violation of M.G.L. 93A; breach of contract Unspecified mutual funds $37,789.06 (compensatory) N/A Attorneys’ fees; costs Nickolas F. Monteforte (P) Joseph Charles Kennedy, Jr. (P); John Joseph Cotter (NP) Mixed
10-04544 10/08/10 06/11/12 Claims settled Lewis R. Shupe, III Ameriprise Financial Services, Inc. Philadelphia, Pennsylvania Nicholas J. Guiliano, Esq. Julita Kargol Violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934; sale of unsuitable securities; violation of the New Jersey Uniform Securities Act; breach of fidicuciary duty; negligent failure to supervise; common law fraud Unspecified auction rate securities $275,000.00 (compensatory) N/A Recission; lost income; punitive damages; interest; attorneys’ fees; costs; other relief Demetrio S. Timban, Jr. (P) Mark E. Hollern (P); John E. Felch, Jr. (P) Public
10-05380 11/24/10 06/25/12 Claims settled Deborah Charles PNC Investments, LLC Newark, New Jersey Benjamin Lapin Brian A. Carlis, Esq. Fraud; negligent misrepresentation; breach of fiduciary duty; breach of the covenants of good faith and fair dealing; negligent supervision; breach of conduct; violations of Section 20 of the 1934 Act; respondeat superior Options $250,000.000 (compensatory) N/A Filing fees; costs for expert witness fees, transcripts and analysis Robert E. Anderson (P) B. David Jarashow (P); Gerald Joseph Coughlin (NP) Mixed
10-05692 12/20/10 06/12/12 Claims dismissed Pamela H. Poole IRA; Pamela H. Poole Roth IRA; Pamela H. Poole RBC Capital Markets LLC; Overton Lee Graham Richmond, Virginia Todd Ratner, Esq. James Crosby, Esq.; Sean Golden, Esq. Violation of the Virginia Securities Act; violation of federal securities laws; common law fraud; breach of fiduciary duty; negligence; breach of contract; failure to supervise; violation of state, federal and FINRA rules and regulations; principles of agency, vicarious liability, respondeat superior and control person liability; violation of general equitable principles Various equities and closed-end funds $200,000.00 (compensatory) N/A Losses on the investments; tax liabilities incurred; return of commissions and fees; pre-and post-judgment interest; costs; attorneys’ fees; expert fees; punitive damages; other relief Leon Henderson, Jr. (P) Stuart H. Dunn (P); William C. Boinest (NP) Mixed
10-05719 12/17/10 06/26/12 Claims denied Paul Cohnen A/R Family Trust, Jeanette Cohnen Trustee J.P. Morgan Securities, LLC f/k/a J.P. Morgan Securities, Inc.; Michael Kilkeary; Douglas W. McPherson Boca Raton, Florida Bradford M. Gucciardo, Esq. Gene L. Small, Esq. Common law fraud; breach of fiduciary duty; negligence (gross negligence); breach of contract Unspecified securities $1,400,000.00 (compensatory); $3,000,000.00 (punitive) N/A Pre- and post- judgment interest (legal rate); costs; fees; hearing session fees; expert witness fees; attorneys’ fees; other relief Harold S. Stern (P) Frances D. Sheehy (P); Harvey Alan Blicksilver (P) Public
10-05727 12/20/10 06/04/12 In favor of Claimant Donald H. Brown Fidelity Brokerage Services LLC San Diego, California Thomas C. Frost, Esq.; Mary C. Scott-Hattendorf, Esq. Peter S. Fruin, Esq.; Joel M. Everest, Esq. Negligence; breach of fiduciary duty; fraudulent concealment; elder abuse; conversion; violations of State and Federal Securities Laws; violations of FINRA, NASD and NYSE Rules KMP stock and PTR stock $520,451.00 (compensatory) $350,000.00 (compensatory); interest; attorneys’ fees ($240,000.00); costs ($32,000.00) inclusive of expert witness fees ($17,000.00) and reimbursement of the non-refundable portion of the Claimant’s filing fee ($250.00) Difference between the value of 8,640 shares of KMP stock as of the date of the filing of the Statement of Claim and the proceeds of Fidelity’s sales of KMP stock which Mr. Brown received in connection with the 2008 margin calls; dividends paid on 8,640 shares of KMP stock from the date of Fidelity’s margin sales to the date of the hearings; dividends paid on 1,600 shares of PTR stock from the date Fidelity transferred these shares to Mrs. Brown’s estate to the date of the hearings, less any amounts Mr. Brown ultimately receives from the estate related to these dividends; the value of the 1,600 shares of PTR stock as of the date of the filing of the Statement of Claim, less any amounts Mr. Brown ultimately receives or is due to receive from the estate related to these shares; the $97,126.65 Mr. Brown was required to pay to Mrs. Brown’s estate per the Order of the Probate Court, less any amounts Mr. Brown ultimately receives from the estate related to this $97,126.65 payment; attorneys’ fees and costs; reimbursement of all filing fees, forum and hearing fees; punitive damages; other costs Thomas Erique DuVoisin (P) Thomas L. Marshall (P); Steven A. Fox (NP) Mixed
10-05772 12/22/10 06/06/12 Claims denied Dani Eder IRA Account Morgan Keegan & Company, Inc. Birmingham, Alabama Howard B. Prossnitz, Esq. George C. Freeman, III, Esq.; David N. Luder, Esq. Omission of facts and misrepresentation; violations of the Alabama Securities Act; violation of Rule 10(b)-5 of the Securities Act of 1934 Regions Morgan Keegan High Income Fund $388,878.16 (compensatory) N/A Interest; costs; attorney’s fees; FINRA fees Jeffrey M. Allen (P) Donald Dreyfus (P); Linda B. Kelly (NP) Mixed
10-05780 12/23/10 06/06/12 Claims settled The Heater Family Trust Wells Fargo Advisors, LLC Los Angeles, California Bruce D. Oakes, Esq. William M. Turner, Esq. Breach of fiduciary duty; negligence/negligent misrepresentation/omission; common law fraud; breach of contract; negligent supervision; violation of Virginia’s Securities Act Boeing stock $200,000.00 N/A Punitive damages; pre-judgment and post-judgment interest; attorneys’ fees and costs; filing and forum fees William E. Schneider (P) Brent J. Rosenbaum (P); Ronald F. Rybandt (NP) Mixed
11-00453 01/21/11 06/04/12 Claims settled Marvin Antonowsky; Antonowsky 1984 Trust UAD 03/23/1989; Marvin Antonowsky IRA Li-Wei Chang; E*Trade Securities LLC Los Angeles, California Jonathan W. Evans, Esq. Stephen Young, Esq. Negligence; suitability; misrepresentation; fraud; breach of fiduciary duty; unauthorized utilization of margin; breach of contract; breach of the implied covenant of good faith and fair dealings; elder abuse Unspecified securities $7,127,618.00 (compensatory) N/A Disgorgement of any commissions; lost opportunity or “well-managed portfolio” damages; statutory damages; rescissionary damages; interest (10% per annum); elder abuse damages and enhanced damages; punitive damages; costs; attorneys’ fees Barbara M. Zak (P) Arthur F. Brueggeman (P); Robert F. Saint-Aubin (P) Public
11-00486 01/28/11 06/05/12 Claims settled Steven Smith as Personal Representative of the Estate of Rollin Smith Wells Fargo Advisors, LLC, f/k/a Wachovia Securities, LLC, f/k/a A.G. Edwards & Sons, Inc. Columbia, South Carolina Mitchell Willoughby, Esq.; Andrew MacLeod, Esq. Stephen M. Cox, Esq.; Brian L. Church, Esq. Breach of contract; breach of fiduciary duty; fraud, constructive fraud and fraudulent concealment; negligence; gross negligence; recklessness; willful and wanton misconduct and violation of SRO rules; failure to supervise; breach of contract accompanied by fraudulent act; state securities fraud; concentration Closed-end RMK funds Unspecified (compensatory) N/A Market losses to account that would not have occurred and any increase in value that would have occurred if the funds had been properly invested; punitive damages; pre-judgment interest at the highest legal rate; costs; attorneys’ fees Helen E. Huyler (P) Walter J. Wylie (P); Dana R. Krajack (P) Public
11-00529 02/01/11 06/06/12 Claims settled Daniel Muscara; Alice Muscara Morgan Stanley Smith Barney; Morgan Stanley & Co., Inc.; Morgan Stanley DW Inc.; Brad L. Chamness Boca Raton, Florida Nicholas D. Thomas, Esq. Jason M. Fredo, Esq. Breach of contract; breach of fiduciary duty; negligence Unspecified high-risk stocks and REITs Between $100,000.00 and $499,000.00 (compensatory) N/A Interest (6% per annum); costs; attorneys’ fees Edward R. Niederriter (P) Raymond Luis Leon (P); Gary King (NP) Mixed
11-00670 02/16/11 06/07/12 Claims settled Francis J. Bolduc Susan Frances Baiocco; Wells Fargo Advisors, LLC Orlando, Florida Tucker H. Byrd, Esq; Eric M. Rolinson, Esq. Jason S. Haselkorn, Esq. Breach of fiduciary duty; negligence; fraudulent and negligent misrepresentation; constructive fraud; violation of Florida Securities and Investor Protection Act; breach of contract Investments in Hartford Leaders Plus Variable Annuity, Hartford Director M Select Plus Variable Annuity, ING USA Annuity & Life Insurance Golden Select Premium Plus Variable Annuity, shares of American International Group, Inc. $1,000,000.00 (compensatory) N/A Pre-judgment interest; costs; attorneys’ fees; punitive damages; recission Stuart K. Furman (P) Jack A. Helms (P); Greg Knight (NP) Mixed
11-00753 02/18/11 06/14/12 Claims settled (Pucillo, L. Pucillo, Klein, Klein Estate, Marks, Moore, Robson). Claims denied (Heinzerling). William Heinzerling; Christopher A. Pucillo; Laura D. Pucillo; Jeanette Klein; Alan D. Marks; Robert Emmett Moore; Thomas Douglas Robson; The Estate of Arthur Klein Citigroup Global Markets, Inc. New York, New York Philip M Aidikoff, Esq.; Steven B. Caruso, Esq. Richard Szuch, Esq.; Hugo Hilgendorff, IV, Esq.; Matthew C. Plant, Esq. Breach of fiduciary duty; breach of contract; constructive fraud; failure to supervise; violation of federal securities laws, FINRA, NASD, and NYSE rules; respondeat superior MAT Fund tax free municipal bond arbitrage funds $6,000,000.00 (compensatory) N/A Lost opportunity costs; fees; commissions; cost of proceedings; punitive damages; interest at the legal rate; attorneys’ fees; costs; rescission Abigail J. Pessen (P) Romaine L. Gardner (P); Maya Steinitz (P) Public
11-00771 02/17/11 06/04/12 Claims denied James Wakely; Dorothy Louise Wakely UBS Financial Services, Inc.; William Thomas Avery Detroit, Michigan David G. Lutz, Esq. Amy Bard, Esq. Failure to supervise; negligence; churning; misrepresentations Annuity $170,000.00 (compensatory); $150,000.00 (Punitive) N/A Lost opportunity damages ($325,000.00); attorneys’ fees; other costs ($1,800.00); Other monetary relief; Other non-monetary relief (injunctive) Seth H. Barsky (P) Marvin I. Horowitz (P); Jennifer Ann Shandler (NP) Mixed
11-00862 02/28/11 06/06/12 Claims dismissed Malaine LLC First Allied Securities, Inc.; Chestnut Investment Group, Inc.; Neal A. Deutsch New York, New York Richard Kraut, Esq. Michael Schwartzberg, Esq. Breach of the investment advisory contract; failure to supervise; failure to review trading activities; suitability; high risk recommendations; churning Unspecified securities $400,000.00 (compensatory); $800,000.00 (punitive) N/A Interest; well managed account losses; all fees paid; costs; disgorgement of all profits Linda Ashley (P) Sheryl-Anne Sastow (P); Linda R. Alpert (NP) Mixed
11-00915 02/28/11 06/21/12 Claims settled; Claims dismissed. Harry L. Seitz; Grace Kane Seitz Hefren-Tillotson, Inc.; Hefren & Tillotson, Inc.; Kimberly Tillotson Fleming; Maryann Ann Siebert Pittsburgh, Pennsylvania Nicholas A. Miller, Esq. Stanley Yorsz, Esq. Breach of contract and breach of the duty of good faith and fair dealing; breach of fiduciary duties; professional negligence; violations of the Pennsylvania Unfair Trade Practices and Consumer Protection Law; failure to supervise; respondeat superior and vicarious liability Equity mutual funds: American Washington Mutual investors Fund; Longleaf Partners Fund; American Growth Fund of America; Vanguard Primecap Core Fund $200,000.00 (compensatory) n/a Treble damages ($400,000.00); unspecified exemplary/punitive damages; interest; attorneys’ fees; costs Jeffrey M. Bain (P) Michael S. Berman (P); George H. Perich (P) Public
11-01017 03/11/11 06/25/12 Claims settled (Clark Dodge); In favor of Claimant C. Marvin Trust, by Jon Roberts, Trustee; 4R Partnership Woodstock Financial Group, Inc.; David Schrager; Clark Dodge & Co., Inc. Omaha, Nebraska Gail E. Boliver, Esq. Ruthann G. Niosi, Esq.; Thomas Vays, Esq. breach of fiduciary duty; negligence; violations of the Nebraska Securities Act; violations of FINRA Rules of Supervision and Suitability; negligent supervision and respondeat superior; misrepresentation; churning; breach of contract unspecified securities $427,000.00 (compensatory) $75,000.00 (compensatory) punitive; interest; attorneys’ fees (1/3 of the total amount of the damages); other costs James A. Hayes (P) James E. Michaels (P); Ken L. Andersen (P) Public
11-01036 03/07/11 06/06/12 In favor of Claimant (Ravinder S. Bedi); Claims denied (Kawaljit Bedi) Kawaljit Bedi; Ravinder S. Bedi LPL Financial LLC Los Angelas, California Andrew Stoltmann, Esq. David S. Markun, Esq. violation of California Corporation Securities Law; violation of California Consumer Legal Remedies Act; breach of fiduciary duty; common law fraud and misrepresentation; violation of FINRA and NASD conduct rules; negligence; failure to supervision; conversion; breach of contract; vicarious liability real estate $200,286.00 (compensatory and punitive) $141,250.00 (compensatory) interest; attorneys’ fees; costs Thanayi J. Lindsey (P) Susan B. Gans-Smith (P); Daniel Su (NP) Mixed
11-01143 03/16/11 06/27/12 Claims settled Bernard Gross; Myra Gross Morgan Stanley Smith Barney, LLC; Kevin G. McCulloch Detroit, Michigan Peter C. Rageas, Esq. Karl L. Marquardt, Esq. breach of fiduciary duty; unsuitable recommendations; failure to supervise/respondeat superior/negligent hiring; negligence; breach of contract unspecified securities $165,221.00 (compensatory) n/a punitive; interest; attorneys’ fees; other costs Seth H. Barsky, J.D. (P) Mayra Adela Rodriguez (P); Stephen D. Arkwright (NP) Mixed
11-01421 04/04/11 06/13/12 Claims dismissed Marian Rosen and Jay H. Chapman, in their capacities as trustees of the Rosen Investment Trust No. 1; Rosen Investment Trust No. 2; Justyn C. Rosen Marital Trust No. 1; Justyn C. Rosen 1988 Irrevocable Insurance Trust; Jay H. Chapman, in his capacity as trustee of the Sharon J. Mandel Irrevocable Trust 9/28/81 and Marsha Zimmerman Irrevocable Trust 9/28/81; Sharon Rosen and Jay H. Chapman, in their capcities as trustees of the Sharon Rosen Trust created by the Marian Rosen Trust for Children #2 and Sharon Irrevocable Trust 3/1/85; Marian Rosen and Jay H. Capman, in their capacities as co-personal representatives for the Estate of Justyn C. Rosen; Granada Enterprises, Inc., a Coloardo corporation; Rosen Investments, LLP, a Colorado limited liability partnership; Rosen Family Associates, Ltd., a Colorado limited partnership Citigroup Global Markets, Inc.; Morgan Stanley Smith Barney Denver, Colorado Michael H. Berger, Esq.; Andrew W. Myers, Esq. Sean J. Coughlin, Esq.; Nicolas S. Komyati, Esq. breach of fiduciary duty; negligence; violation of Colorado Securities Act, sections 11-51-501(1)(a) and (c), C.R.S. and 11-51-604(3), C.R.S.; violation of Colorado Seccurities Act, sections 11-51-501(1)(b), C.R.S. and 11-501-604(3), C.R.S.; violation of Colorado Securities Act, sections 11-51-501(1)(b), C.R.S. and 11-51-604(4), C.R.S.; violation of Colorado Securities Act, sections 11-51-501(5)(b) and 11-51-604(3); violation of Colorado Securities Act, sections 11-51-501(a) and (c) and 11-51-604(3) unspecified securities $4,617,000.00 to $6,968,768.00 (actual); $8,470,864.00 to $22,617,952.00 (actual, interest, attorneys’ fees) n/a interest; costs; attorneys’ fees Samuel L. McClaren (P) Baldwin Ranson (P); Andrew Barton (P) Public
11-01425 04/04/11 06/06/12 In favor of Claimant Candi Taggart, Personal Representative for the Estate of Richard Taggart, and Trustee of the Taggart Estate Planning Trust TD Ameritrade, Inc. Seattle, Washington David Gaba, Esq. James J. Vihstadt violation of securities regulatory requirements; breach of fiduciary duty; violation of the Washington State Securities Act; negligence; violation of the Washington Consumer Protection Act stock options; margin activity actual damages $486,000.00 (compensatory); 8.0% interest on $486,000.00 from 9/20/2007; attorneys’ fees ($55,000.00); Costs ($7,708.48); filing fee ($250.00) exemplary damages; pre-award and post-award interest (12% per annum); attorneys’ fees; punitive ($25,000.00); a monetary amount necessary to compensate Claimant for the additional income they will owe on any award; hearing and filing fees Joan Helen Lukasik (P) James A. Vawter (P); G.E. Craig Doupe (P) Public
11-01606 04/21/11 06/21/12 Claims settled (Morgan Keegan); Claims denied (Banc One) Frances R. Detraz Banc One Securities Corporation; Morgan Keegan & Company, Inc. New Orleans, Louisiana Jessica Vasquez, Esq. Michael Ungar, Esq.; Elin B. Young, Esq.; Richard Rogoff, Esq.; Mary Ann Jenkins, Esq.; Thomas A. Roberts, Esq.; Jamie L. Berger, Esq. breach of fiduciary duty; negligence; failure to supervise; control person liability; unsuitability; misrepresentation and omissions; violations of the Louisiana Securities Act and FINRA rules Nuveen Quality Preferred Income Fund 3 $200,000.00 (compensatory) n/a disgorgement of commissions; punitive, interest; costs; attorneys’ fees Charles A Crocco (P) William W. Bride, III (P); John R. Buehler (NP) Mixed
11-01607 04/21/11 06/11/12 Claims denied Amy Hoollub, as trustee of the Arlyn Rands Revocable Trust and as beneficiary of the Arlyn S. Rands Trust No. 3; Harry Hollub, Successor Trustee of the Arlyn Rands Revocable Trust and the Arlyn S. Rands Trust No. 3 FMSbonds, Inc. Miami, Florida Jeffrey B. Kaplan, Esq.; Brian Levin, Esq. Dennis Richard, Esq.; Sydney A. Marks, Esq. negligence and breach of fiduciary duty; negligent misrepresentation; breach of contract; failure to supervise Puerto Rico municipal bonds $226,085.00 (compensatory); $618,000.00 (punitive) n/a Pre-judgement interest; attorneys’ fees John J. Hearn (P) Theodore Israel Herold (P); Jack Martin Coe (P) Public
11-01925 05/10/11 06/27/12 In favor of Claimant; Claims denied (against Royal Alliance Associates) Lynda B. Moecker; Lynda B. Moecker as Trustee; FBO Morgan Hall Wilson Trust Royal Alliance Associates, Inc.; Morton Jay Potoff; MJP Associates, Inc. Hartford, Connecticut George Royster, Esq. Thomas M. Campbell, Esq. breach of contract; negligence or recklessness; breach of fiduciary duty; failure to supervise; failure to have adequate rules; failure to enforce rules Elan shares $622,596.00 (compensatory); $500,000.00 (punitive) $106,860.00 (compensatory); $23,230.00 (compensatory); interest at the rate of 8% forum fees; attorneys’ fees; witness and production fees; interest Bennett A. Hall (P) Edward Allison Downe (P); John Charles Kovarik (P) Public
11-02072 05/24/11 06/01/12 In favor of Claimant Clara Fernandez de la Lastra; Benito Del Cueto Figueras UBS Financial Services Inc. of PR San Juan, Puerto Rico Juan C. Blasini Gonzalez, Esq. Guillermo J. Bobonis, Esq. misrepresentatiosn and omissions; negligence; fraudulent inducement; breach of contract; unjust enrichment; unsuitability; breach of fiduciary duty; failure to supervise Westernbank (preferred stocks); RG Premier Bank (RGF, preferred stocks and Conservation Trust Fund Secured Notes) $926,000.00 (compensatory); $100,000.00 (compensatory) $422,961.00 (compensatory); $100,000.00 (compensatory); pre-judgement interest punitive damages; dividends not received; costs; attorneys’ fees Robert G. Falbisaner (P) Seth L. Finkel (P); Fredrick T.W. Reed (NP) Mixed
11-02238 06/03/11 06/07/12 Claims settled Raymer F. Maguire, III and Charlotte E. Maguire, M.D., as Trustees of the Raymer F. Maguire Trust UBS Financial Services, Inc. Orlando, Florida Jeffrey R. Sonn, Esq. Rebecca E. Swenson, Esq. breach of fiduciary duty; negligence; negligent supervision; fraud; breach of contract Lehman Brothers Return Optimization Note Between $100,000.00 and $500,000.00 (compensatory) n/a punitive; interest; costs Diana A. Weiner (P) Raymond E. Cornelius (P) Public
11-03046 08/01/11 06/11/12 In favor of Claimant Claude R. Berkwick and Sheila C. Berwick, individually and on behalf of their IRAs Wells Fargo Advisors, LLC f/k/a Wachovia Securities; AG Edwards Securities, Inc. Houston, Texas David Miller, Esq.; Ronald H. Thrash, Esq. Jack D. Ballard, Esq.; Martha F. McDugald, Esq. breach of contract and warranties; promissory estoppel; violation of Texas securities statutes; violation of Texas fraud statutes; violation of Texas consumer protection and deceptive trade practices laws; common law primary liability; common law secondary liability Funds: American Funds New World Fund; American Funds Capital World Growth Income Fund; American Funds Capital Income Builder $568,000.00 (compensatory) $70,000.00 (compensatory) punitive; interest; attorneys’ fees; other non-monetary relief (rescission) William Edward Buck, J.D. (P) Stephen James Cavanaugh (P); Montie G. Grimes (P) Public
11-03743 09/26/11 06/20/12 Claims dismissed Ronald Vulcano AXA Advisors, LLC Syracuse, New York Robert J. Pearl, Esq. Eileen Stassa, Esq. breach of contract; breach of fiduciary duty, unsuitability; fraud; misrepresentation; omission of facts; negligence; failure to supervise; respondeat superior; violation of FINRA rules unspecified securities unspecified (compensatory) n/a disgorgement; lost compensation; lost opportunity; recission; costs; punitive; pre-award interest from the date of purchase (9% per annum) ; attorneys’ fees Stuart M. Schwartz (P) Howard B. Cohen (P); Carl J. Disalvatore (P) Public
11-03813 09/29/11 06/27/12 Expungement Chad Terry Joshpe Allan Hawkins Dallas, Texas Timothy Feil, Esq. Joseph Keenan, Esq. misrepresentation private placement in Power Medical Interventions, Inc. Expungement n/a n/a James M. Tipton (P) Sherrie R. Abney (P); Karen J. Zvonecek (NP) Mixed
11-04473 12/01/11 06/20/12 In favor of Claimant Optionshouse, LLC Joseph Gottesman New York, New York Lelsey G. Smith, Esq. No appearance breach of contract; failure to pay a debit balance stocks and options for Dendron Corporation (DNDN) $156,419.80 (compensatory) $156,419.80 (compensatory); interest ($3,558.12); attorneys’ fees ($5,629.50); costs ($109.24); reimbursement for filing fee ($1,000.00) pre-judgment interest from September 1, 2011; costs; expenses; attorneys’ fees Andrew J. Gerber (P) Barbara Antonello Mentz (P); Robert L. Spangler (NP) Mixed
12-00287 01/13/11 06/20/12 Claims dismissed Leslie Turchi Terrance S. DeWald Atlanta, Georgia Kevin J. Deloatch, Esq. S. Lawrence Polk, Esq.; Sarah E. Scott, Esq. violations of the Securities Exchange Act of 1934 § 10(b), 17 C.F.R. § 240, 10b-5 and the Securities Act of 1933 §§ 12(2) and 15; misrepresentation; violation of the FINRA Rules of Fair Practice; breach of fiduciary duty; unsuitability; failure to supervise; breach of written contract; breach of oral contract; negligence private placement offering of Medical Provider Funding Corporation V Series I Secured Note, Class B $50,000.00 (compensatory); $150,000.00 (punitive) n/a lost opportunity cost; rescission; costs; interest; attorneys’ fees J. Kirkland Grant (P) Alice J. Johnson (P); Michael Lloyd Weisel (NP) Mixed
10-04834 10/27/10 07/05/12 Claims dismissed Tushar Patel optionsXpress, Inc. Providence, Rhode Island Elisa M. Pollard, Esq. Kevin H. Lewis, Esq. Unauthorized trading; negligence Unspecified securities $240,000.00 (compensatory); $100,000.00 (punitive) N/A Attorneys’ fees; costs Evalyn Lipton Fishbein (P) Arnold M. Marrow (P)
Christine R. Fitzgerald (NP)
Mixed
10-05550 12/03/10 06/29/12 Claims denied; Claims dismissed; In favor of Claimant Donald Paul Braman Trust dated 8/18/2000 Hallmark Investments, Inc.; Steven Gary Dash; Michael Alan Burns Chicago, Illinois Peter Ordower, Esq. Marci Goldstein Kokalas, Esq. until on or about April 13, 2011; Brad S. Maistrow, Esq. until on or about March 7, 2012; Pro se after June 7, 2012. Fraud; misrepresentation; sale of unsuitable securities; lack of due diligence; violation of fiduciary duties; self-dealing; failure to comply with FINRA rules; failure to supervise; and concealment Hallmark Investments Holding Corporation convertible stock $200,000.00 (actual/compensatory) $75,000.00 Unspecified exemplary/punitive damages; Interest; Attorney’s fees; Other costs; Other monetary relief Sheldon I. Saitlin (P) Elizabeth C. Burton (P)
Joseph D. Savino (NP)
Mixed
10-05647 12/14/10 07/17/12 Claims settled; Claims dismissed Mary Kay Bockenstette; Mark Bockenstette Michael A. Curley, Sr.; Steven Louis Frank; Andrew J. Moro; Wells Fargo Advisors, LLC f/ka Wachovia Securities, LLC Jacksonville, Florida Marc Fitapeili, Esq. Richard S. Wayne, Esq. Failure to execute; unauthorized trading; suitability; violations of Section 10(b) of the Securities Exchange Act of 1934; common law fraud; control person liability; violations of Section 517 of the Florida Securities and Investors Protection Act; breach of fiduciary duty; negligence; breach of contract; respondeat superior; and negligent supervision/failure to supervise Unspecified securities $400,000.00 (compensatory) N/A FINRA fees and costs; reasonable attorneys’ fees and expert witness fees; punitive damages in the form of treble damages Robert L. Hudson (P) Arthur L. Sirkin (P)
William H. McCullough (NP)
Mixed
10-05677 12/20/10 06/18/12 Claims denied Cynthia L. Stirling; Cynthia L. Stirling Living Trust, Cynthia L. Stirling, Trustee U/A DTD 2/21/1997; Cynthia L. Stirling SEP IRA; Cynthia L. Stirling IRA Rollover James Firth Dowley; Wells Fargo Advisors, LLC San Francisco, California James R. Walsh, Esq. Philip A. McLeod, Esq. Unsuitability; breach of contract Municipal funds; bonds; retirement accounts; unspecified equities $339,950.00 (damages) N/A Interest; hearing fees; attorneys’ fees Ferdinand Schoch (P) Helen Marinak Blohm (P)
Mary Ellen Curran (NP)
Mixed
10-05543 12/10/10 06/29/12 Claims denied DeJohn Family LLLP Commonwealth Financial Network Boca Raton, Florida Garry W. O’Donnell, Esq. Peter B. King, Esq. Vicarious and principal liability; Negligent supervision; Breach of contract; Misrepresentation; Deceit; Unsuitability; Negligence; Breach of fiduciary duty; Violation of federal and state securities laws and rules; Violations of the rules and regulations of FINRA and other regulatory agencies Limited partnership interest in Spectrum Select, L.P. $250,000.00 (compensatory) N/A Interest from the date of the purchase; Reasonable market return; Rescission; Punitive damages; Attorneys’ fees; Costs Marc T. Danon (P) Gloria J. North (P)
Richard Adam Sachs (P)
Public
10-05715 12/21/10 06/28/12 In favor of Claimants; Claims denied MJN Construction, LLC;
Janet E. Schmidt; Janet E. Schmidt Family Trust
Robert Anthony Cataldo; Laurence Heimburg Knowlton; UBS Financial Services Boston, Massachusetts Eileen M. Donoghue, Esq. Pro Se (Robert Anthony Cataldo); Jeffrey L. Friedman, Esq. Breach of contract; Breach of fiduciary duty; Negligence; Failure to supervise; Violations of M.G.L. c.93A; Negligent supervision. Real estate investment properties $4,700,000.00 (compensatory); $12,600,000.00 (punitive) To Janet E. Schmidt $635,000.00 (compensatory) plus interest (12% per annum) from Robert Cataldo and UBS Financial Services, Inc.; $172,000.00 (compensatory) plus interest (12% per annum) from Robert Cataldo; $2,500.00 (compensatory) plus interest (12% per annum) from Laurence Knowlton Prejudgment interest ($540,000.00); Lost investment opportunity ($1,400,000.00 to $1,700,000.00); Interest (12% per annum); Forum costs ($1,800.00); Attorneys’ fees ($421,716.94) Richard J. Grahn (P) William R. Harding (P)
Steven S. Manos (P)
Public
11-00086 01/07/11 07/27/12 Claims denied; Claims dismissed; In favor of Claimant James C. Little, III, Individually and as Trustee of the Susan B. Little Family Trust William Slay Stevens; Jason Tilton Latham; Henry Everette Walker, Jr.; Thaddeus W. Cook; Richard Dennis Thayer; Ronald Wayne Lankford; Bret Lavin Benham; The Legacy Financial Group, Inc.; First Legacy Securities, LLC (a/k/a Reliance Securities, LLC); Reliance Financial Corporation; Reliance Trust Company Birmingham, Alabama Rodney E. Miller, Esq.; Robert G. Methvin, Jr., Esq.; P. Michael Yancey, Esq. Pro se (William Slay Stevens); Pro se (Henry Everette Walker, Jr.); Pro se (Ronald Wayne Lankford); Will Hill Tankersley, Esq.; Adam K. Israel, Esq.; John W. Shaw, Esq.; Henry Everette Walker, Jr. Misrepresentations, omissions, and violations of the Alabama Securities Act; Unsuitability; Fraud; Breach of fiduciary duty; Negligence and wantonness; Breach of contract; Unjust enrichment; Vicarious liability/respondeat superior; Controlling person liability; Failure to supervise; Conspiracy; Egregiousness of conduct; and infliction of emotional distress Promissory notes; Preferred stock in First Legacy Investors N/A $585,000.00 (compensatory) from William Slay Stevens, Ronald W. Lankford, First Legacy Securities, LLC, and Legacy Financial Group, Inc.; $250,000.00 (punitive) from William Slay Stevens, Ronald W. Lankford, First Legacy Securities, LLC, and the Legacy Financial Group, Inc. Unspecified compensatory damages; Unspecified special damages; Interest (legal rate from the date of purchase) or reasonable market return; Recission; Tax offset; Attorneys’ fees; Costs, including filing fees and expert witness fees; Punitive damages. Gloria J. Liddell (P) James Francis Donovan (P)
J. Wesley Romine, Jr. (P)
Public
11-00258 01/18/11 07/16/12 Claims denied Jonathan Stuart; Helena Stuart Morgan Stanley Smith Barney; Robert Q. Fomon New York, New York Mitchell Markowitz Susan Poder MacFarlane, Esq.; Kenneth E. Meister, Esq. Fraud; Negligence; Misrepresentation; Unsuitability; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Failure to supervise; Violations of the 1934 Act and FINRA rules; Respondeat superior Preferred stock for Caryle Capital Corp.; Preferred stock for BSGA Chase London SR UNS; Fannie Mae Preferred Stock $651,958.00 (compensatory) N/A Reimbursement of all filing fees and hearing session fees; Costs of expert witness fees, transcripts, and analysis Diane Getzler (P) Julian F. Santos (P)
Orestes J. Mihaly (NP)
Mixed
11-00263 01/19/11 07/30/12 Claims denied C & H Properties, Inc.; Calvert-Sprading Engineers, Inc.; Robert L. Calvert Consulting, Inc. Morgan Keegan & Company, Inc. Jackson, Mississippi; Fort Lauderdale, Florida Jeffrey Erez, Esq. Terry R. Weiss, Esq. Breach of fiduciary duty; Negligence; Negligent supervision; Fraud; Breach of contract; Violation of the Mississippi Securities Act; Violation of the Tennessee Securities Act RMK Select High Income Fund; RMK Select Intermediate Bond Fund; RMK Strategic Income Fund; RMK Advantage Income Fund; RMK Multi-Sector High Income Fund $1,000,000.00 N/A Recissionary damages; Punitive damages; Interest; Costs ($55,000.00); Attorneys’ fees Peter D. Ehrenhaft (P) Brian Patrick Quinn (P) Public
11-00411 01/26/11 07/30/12 Claims settled Eileen Dana Warren Judith Ann Bovitz; Victoria Jane Miller; Dennis L. Perry; Wachovia Securities, LLC; Wells Fargo Advisors, LLC. Albany, New York Ronald R. Levine, Esq. Yoonsun Chung, Esq. Breach of contract; Breach of fiduciary duty; Fraudulent misrepresentations; Omission of facts; Unsuitable trading; Unauthorized trading; Professional negligence; Negligent supervision Unspecified securities $120,685.37 (compensatory) N/A Punitive damages; Attorneys’ fees; Costs including expert witness fees Charles Kleinbaum (P) Stephen T. Rodriguez (P)
Catherine Ladnier (NP)
Mixed
11-00428 01/25/11 07/11/12 Claims settled Lucie Falk, Individually and as Trustee of the Joseph and Lucie Falk Trust U/A DTD 5/11/1988 Citigroup Global Markets, Inc. Los Angeles, California Pro se Alejandro Schwed, Esq. Breach of fiduciary duty; Breach of written contract; Fraud by misrepresentation and omission; Failure to supervise and control; Violation of federal and state securities laws, statutory and common law and NASD Rules of fair practice and NYSE Rules Unspecified equities $413,179.00 (compensatory) N/A Rescission; Lost opportunity costs; Attorneys’ fees and costs; Pre and post-judgment interest in an amount according to proof Robert J. Ruben (P) John B. La Rue (P)
Arthur T. Berggren (P)
Public
11-00489 02/03/11 07/13/12 Claims settled Shirley Baer Financial Network Investment Corp.; Hemant Pal Singh New York, New York Barry R. Lax, Esq. Matthew Tracy, Esq.; Barry R. Temkin, Esq. Misrepresentations and omissions; Negligence; Unsuitability; Breach of contract and legal duties; Breach of fiduciary duty; Failure to supervise; Respondeat superior; Agency principal Unspecified securities $150,000.00 (compensatory) N/A Interest; Punitive damages David Finnegan (P) Robert G. O’Brien (P)
Peter C. Salemo (NP)
Mixed
11-00567 02/15/11 07/13/12 In favor of Claimant; Claims denied; Claims dismissed John Sisk JHS Capital Advisors, Inc.; Pointe Capital, Inc.; Enver R. Alijaj; Paul H. Chuzi; Kirk E. Kubach; Daniel R. Levene; Paul R. Richardson; John H. Sykes New York, New York Timothy Feil, Esq. Matthew Tracy, Esq. Excessive trading/churning; Violation of Rule 10b-5; Common law fraud; Ordinary negligence; Gross negligence; Breach of contract; Negligent retention and/or negligent hiring; Control person liability; Respondeat superior Unspecified securities $761,581.26 (compensatory) $1,500,000.00 (compensatory); Interest from May 31, 2010 until the award is paid in full (9% per annum); $100,000.00 (punitive); Attorneys’ fees ($93,204.00). Disgorgement of ill-gotten gains ($985,316.31); Loss of opportunity damages (not less than $250,000.00); Legal rate of interest on principal monies invested; Costs; Attorneys’ fees; Treble and/or punitive damages Annette B. Meyers (P) James J. Fishman (P)
Robert L. Salzberg (NP)
Mixed
11-00576 02/09/11 07/02/12 Claims denied; Claims dismissed Janet Bowman; Declaration of Trust of Karen M. Lane; Geneva OSWX I, LLC; Geneva OSWX IX, LLC; Geneva OSWX XIX, LLC; Geneva OSWX XXVII, LLC; Jack Hoopes; Lorna Hoopes; Janet Furman Bowman Trust; Patrick Jordan; Karen Lane; Patrick J. Jordan Trust Berthel, Fisher & Company Financial Services, Inc.; Thomas J. Berthel; Ronald O. Brendegen; Shelley R. Davenport; Frederick P. Fisher; Richard M. Murphy; Leslie D. Smith; Daniel P. Wegmann; Thomas R. Biesheuvel; Securities America, Inc.; Scott Alan Bennewitz; Mark D. Quam; Randolph S. Lewis; Travis M. McAfoos; Darren E. Josephson; Welton Street Investments, LLC. Minneapolis, Minnesota Julie H. Firestone; Dan J. Suppalla, Esq. Stephen J. Holtman, Esq.; Paul D. Gomez, Esq.; Carla B. Minckley, Esq.; Livia E. Babcock, Esq.; Travis McAfoos; Chad E. Weaver, Esq.; Mark Quam Failure to supervise; Negligence; Fraud; Violations of federal and Minnesota state securities statutes; Sale of unregistered securities; Negligent supervision; Sale of securities by unregistered persons. Tenancy in common interests Unspecified N/A Unspecified compensatory damages; Unspecified punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief; Specific performance (rescission of the purchase of the TIC interests in One Southwest) Douglas G. Plank (P) Susan M. Sanger (P)
Todd Wayne Schnell (NP)
Mixed
11-00605 02/10/11 06/22/12 Claims settled Alexander J. Schernecke UBS Financial Services, Inc.; Wells Fargo Advisors, LLC; Jamie Lawrence Baraldi Philadelphia, Pennsylvania Nicholas J. Guiliano, Esq. Angela A. Turiano, Esq.; Brian A. Carlis, Esq.; Edward W. Larkin, Esq. Violation of sections 10(b) and 20(a) of the Securities Exchange Act of 1934; Unsuitability; Breach of fiduciary duty; Violation of the Pennsylvania Unfair Trade Practices and Consumer Protection Law; Negligence; Failure to supervise; Common law fraud Exchange Traded Funds; Powershares QQQ ETF; ProShares Ultra QQQ ETF; ProShares Ultra S&P ETF; ProShares Ultra Financial ETF $145,000.00 (compensatory) N/A Lost income under the “well managed portfolio” theory of recovery; Punitive damages; Interest; Reasonable attorneys’ fees; Costs Jerry Schuchman (P) Sheldon Seligsohn (P) Public
11-00654 02/10/11 07/06/12 Claims denied Larry Haas; Roblar, LLC Anthony Warren Thompson; Grubb & Ellis Securities, Inc. Las Vegas, Nevada Robert L. Gonser, Esq.; Daniel A. Bakondi, Esq. H Thomas Fehn, Esq.; Jennifer D. Stein, Esq. Unsuitability; Breach of fiduciary duty; Breach of duty of care and negligence; Failure to conduct due diligence; Breach of contract; Material omissions and misrepresentations per Section 10 of the Securities Exchange Act SEC Rule 10b-5, and relevant state securities laws (securities fraud); Failure to supervise Tenancy in Common interests $10,000,000.00 (Rescission) N/A Interest $5,000,000.00 (10% per annum); Compensatory damages; Costs; Treble damages; Punitive damages Thomas A. Culbertson (P) Paul E. Dahlman (P)
George Frederick Garris (NP)
Mixed
11-00843 02/25/11 07/20/12 Claims settled Scott Strumlauf UBS Financial Services, Inc. Atlanta, Georgia Herbert M. Deutsch, Esq.; Seth E. Lipner, Esq. Rebecca E. Swenson, Esq. Unsuitability; Securities fraud; Negligent misrepresentation; Breach of contract LB Return Optimization Security with Partial Protection S&P 500; Unsecured debt of Lehman Brothers Holdings N/A N/A Rescission or amount to be proven at hearing; Interest; Costs Helen E. Huyler (P) Robert Allen Fine (P)
Brandt Leonard Ross (P)
Public
11-00885 03/01/11 07/09/12 Claims settked; Claims dismissed Alfred W. Richardson IRA; Alfred W. Richardson Scott Hunter Garbutt; Stonehurst Securities, Inc.; Strategis Financial Group; Mark Thomas Sumsion San Francisco, California Jeffrey A. Feldman, Esq. William Kelly Nash, Esq.; Phillip Borup Breach of fiduciary duty; Negligent supervision; Negligence; Misrepresentation; Fraud; Constructive fraud; Violation of Corporations Code §§25,400 et seq; Violation of Corporations Code §§25,216 & 25,235; Fiduciary abuse under Welfare and Institutions Code LBS and Paradise Dental $500,000.00 – $1,000,000.00 N/A General and special damages, including but not limited to lost principle and interest on the investments, according to proof; Punitive and exemplary damages; Rescission of the two alternative investments and statutory interest from the dates of the respective investments; Costs of arbitration; Attorneys’ fees; Treble damages pursuant to Civil Code §§3345; Restitution/disgorgement of transactions costs; Disgorgement of commissions otherwise received by Respondents William W. Haskell (P) Michelle Judy Brant (P)
Arocles Aguilar (P)
Public
11-00917 03/02/11 07/13/12 Claims denied; Claims dismissed Chongqing Du; Li Zhu U.S. Bankcorp Investments, Inc. Des Moines, Iowa Stephan Apotheker, Esq. John Rock, Esq. Breach of fiduciary duty; Negligence; Negligent supervision; Fraud; Breach of contract; Violation of the Iowa Uniform Securities Act Lehman Brothers bonds; Prudential Financial bonds $500,000.00 (compensatory) N/A Unspecified exemplary/punitive damages; Interest; Attorneys’s fees; Other costs; Other monetary relief; Other non-monetary relief (rescission) Grant D. Sanders (P) Herbert S. Bratt (P)
Robert S. Burk (P)
Public
11-01040 03/09/11 07/03/12 Claims denied; Claims dismissed James N. Vangilder Revocable Trust dated 9/23/1993 UBS Financial Services, Inc. St. Louis, Missouri Mark E. Maddox, Esq. Jeffrey L. Friedman, Esq.; Davild I. Hantman, Esq. Violation of the Missouri Securities Act; Breach of contract; Breach of fiduciary duty; Constructive fraud; Violation of NYSE and FINRA rules; Control Person Liability under the Missouri Securities Act; Negligence 1861 Capital Municipal Enterprise Domestic Fund LP $1,850,517.00 (actual/compensatory) N/A Interest; Attorneys’ fees; Other costs; Other monetary relief. Julius Z. Frager (P) Marilyn T. Selby, J.D. (P)
Gerald Cohen (P)
Public
11-01043 03/10/11 07/16/12 In favor of Claimant; Claims denied Estate of Jack A. Gambino, Susan C. Gambino, Executor Triad Advisors, Inc. Boca Raton, Florida Richard A. Stephens, Esq. Mark J. Astarita, Esq.; Joseph Giovanniello, Esq. Negligence; Gross negligence; Unsuitability; Breach of fiduciary duty; Supervisory negligence; Civil fraud; Breach of FINRA conduct rules; Breach of SEC rules and Securities Exchange Act of 1934; Any other applicable statutes or equitable principles Unit investment trusts: FT Unit 1336 Municipal Closed End Port Series 21 Monthly Reinvestment; FT Unit 1378 Municipal Advantage Closed End Port Series 13 Monthly Reinvestment; FT Unit 1379 California Municpal Income Closed End Port Series 18 Monthly Reinvestment; FT Unit 1382 Municipal Select Closed End Port Series 7 Monthly; FT Unit 1380 New Jersey Municipal Income Closed End Port Series 10 Monthly Reinvestment; FT Unit 1384 Tax Advantaged Municipal Closed End Port Series Monthly Reinvestment $16,419,748.00 (compensatory) $260,147.32 (compensatory); plus interest at the Florida statutory rate accruing from April 18, 2007 until the date of payment of the Award Unspecified compensatory damages; Interest (Florida statutory rate); Attorneys’ fees pursuant to Florida Statutes §517.301; Punitive damages (at least three times the amount of compensatory damages); Costs; Expert fees Guy K. Stewart, Jr. (P) Roy B. Gonas (P)
Gary Ralph Librizzi (P)
Public
11-01060 03/15/11 07/26/12 Claims settled Renee Alster Merrill Lynch Pierce Fenner & Smith Inc. Boca Raton, Florida Michael P. Amad, Esq. Julie Wilson Portera, Esq. Violations of law; Breach of fiduciary duty; Negligence; Breach of contract; Failure to supervise Various equities, growth mutual funds, alternative investments, and auction rate securities, including: Blackrock auction rate securities; Goldman Sachs Large Cap Fund; Trans Asset Allocation Growth Fund; Blackrock Global Allocation Fund; Oppenheimer International Small Co C Fund; Janus Adv Int Growth Fund; Rochester Ltd TM NY Mun Fund N/A N/A Unspecified compensatory damages; Interest (legal rate from the date of purchase) or reasonable market return; Rescission; Punitive damages; Costs of proceeding Monica I. Salis (P) Edward R. Niederriter (P)
Antonio M. Freire (P)
Public
11-01537 04/14/11 06/29/12 Claims denied Isabella Grace Robert T. Higgins; UBS Financial Services Inc. Los Angeles, California Pro se (Isabella Grace) Stefanie M. Wayco, Esq. Breach of fiduciary duty; Misrepresentation; Omission of facts; Unsuitability Unspecified mutual funds $44,707.00 (compensatory); $900,000.00 (punitive) N/A Costs pertaining to hearings; Unspecified punitive damages Thomas A. Culbertson (P) William E. Schneider (P)
Brent Eric Zepke (P)
Public
11-01674 04/26/11 07/27/12 Claims settled Sidney Steinberg Citigroup Global Markets, Inc. f/k/a Smith Barney Boca Raton, Florida Jeffrey R. Sonn, Esq. Hugo A. Hilgendorff, IV, Esq. Breach of fiduciary duty; Negligence; Negligent supervision; Fraud; Breach of contract Lehman Brothers preferred stock $100,000.00 – $500,000.00 (compensatory) N/A Punitive damages; Interest; Costs Harold S. Stern (P) Steven E. Eisenberg (P)
Mark J. McCarthy (P)
Public
11-01874 05/05/11 07/13/12 In favor of Claimant; Claims dismissed Frank C. Steinke, Individually and as Trustee of the Frank C. Steinke Revocable Living Trust UAD 8/7/07 Community Bankers Securities, LLC; Compass Financial Advisors, LLC; Fintegra, LLC; Questar Capital Corporation Washington, D.C. Andrew R. Park, Esq.; David J. Sensenig, Esq. Nicholas D. Skaltsounis; Sandra S. Smalley-Fleming, Esq.; Sharda R. Kneen, Esq.; Jeffrey D. Hedlund, Esq. Violations of the Virginia Securities Act and other Blue Sky statutes; Violations of the federal securities laws; Common law fraud; Breach of fiduciary duty; Negligence; Breach of contract; Failure to supervise and negligent hiring; violations of state, federal, FINRA, NASD, and NYSE rules and regulations; Principles of agency, vicarious liability, respondeat superior, and control person liability; General equitable principles that apply in FINRA arbitrations Ridgewood Energy Fund; Desert Capital REIT; Strategic Opportunity Energy Fund; Dupont Auburn Real Estate, LLC; AIC, Inc.; Country Wide Financial (stock); Citigroup (stock); SunTrust (stock) $600,000.00 (compensatory) $200,000.00 (rescission); Interest accruing from Septembe 16, 2009 to June 25, 2012 (6% per annum); Attorneys’ fees ($6,000.00); Reimbursement of the claim filing fee ($375.00) Rescission of the purchases at issue; Compensation for lost opportunities; Punitive or exemplary damages; Return of all commissions, markups, markdowns, fees and other monies; Pre- and post-judgment interest; Costs; Attorneys’ fees; Other disbursements including fees of accountants, economists, and other experts Marvin Elster (P) Jane A. Smith (P)
Lisa Blunk Johnson (NP)
Mixed
11-01906 05/04/11 07/20/12 Claims denied Mary-Louise Shaheen Morgan Stanley Smith Barney; Paul Joseph Witte San Francisco, California Pro se (Mary-Louise Shaheen) Raul Sanchez, Esq.; Kenneth J. Haim, Esq. Unauthorized trading; Churning Securities in Dupont, Exxon, and JP Morgan Chase N/A N/A Reinstatment of 4,525 shares of JPMorgan Chase; Punitive damages; Loss of income Herbert Liberman (P) Dean J. Dietrich (P)
Carlos Richard Mangum (NP)
Mixed
11-01927 05/13/11 07/03/12 Claims settled Richard J. Degnars, II Fidelity Brokerage Services LLC Wilmington, Delaware Kevin D. Galbraith, Esq. Kenneth Ashton, Esq. Breach of contract; Failure to supervise; Negligence; Breach of fiduciary duty; Unsuitability Unspecified equity based mutual funds $350,000.00 (compensatory) N/A Pre- and post-award interest; Costs; Expenses; Attorneys’ fees; Expert witness frees; Hearing session fees; Punitive damages John A. Gray (P) Armand Philip Lione (P)
Ying Zhou (P)
Public
11-02080 05/24/11 07/23/12 Claims denied; Claims dismissed Michael Steven Hall Wells Fargo Advisors, LLC; Walker Gillette Detroit, Michigan Gary S. Menzer, Esq.; Todd A. Zuckerbrod, Esq. Miles D. Hart, Esq.; Samuel P. Mauch, Esq. Negligence; Unsuitability; Breach of fiduciary duty; Misrepresentation; Omission of a material fact; Failure to supervise; Breach of contract Unspecified securities $370,000.00 (actual/compensatory) N/A Unspecified exemplary/punitive damages; Interest; Attorneys’ fees; Other costs; Other monetary relief; Other non-monetary relief (recission) A. Robert Stevenson (P) Leonard R. Present (P)
Jacqueline R. Fox (P)
Public
11-02886 07/18/11 07/09/12 In favor of Claimant George Foster CMG Institutional Trading, LLC; Shawn Derrick Baldwin Cleveland, Ohio Pro se, with wife, Pietra Foster at final hearing Shawn Baldwin. Breach of fiduciary duty; Misrepresentation; Omission of facts; Breach of contract; Negligence Debenture $167,690.00 (actual/compensatory); $167,690.00 (exemplary/punitive) $100,000.00 (compensatory) Interest ($96,810.00); Attorneys’ fees ($500.00); Other costs ($1,425.00); Other monetary relief Beth Rackley Hesselson (P) Carol Jean Bader (P)
Mary K. Flask (NP)
Mixed
11-02945 07/28/11 07/25/12 In favor of Claimant; Claims dismissed Fred J. Prudhomme E*Trade Securities LLC; Arnold Janickas Chicago, Illinois Andrew Stoltmann, Esq.; James A. McGurk, Esq. John Bersin, Esq. Violations of the Illinois Securities Law of 1953; Violation of the Illinois Consumer Fraud and Deceptive Practices Act; Common law fraud and misrepresentation; Violations of FINRA Conduct Rules; Breach of fiduciary duty; Negligence and negligent supervision; Respondeat superior 7-day Auction MFS High Yield Muni Trust, 3.65% Tax-Free Auction Rate Securities $240,586.04 $125,000.00; Reimbursement of filing fee ($300.00); Attorneys’ fees ($15,000.00) Unspecified exemplary/punitive damages; Interest; Attorneys’ fees; Other costs; Other non-monetary relief Ray J. Grzebielski (P) Caroline N. Harney, J.D. (P)
Michael R. Sherwin, J.D. (P)
Public
11-03007 08/03/11 07/25/12 Claims dismissed Thomas L. Baker; Linda S. Baker Janney Montgomery Scott, LLC; Jesup & Lamont Securities Corp; Wachovia Securities Financial Network, LLC; Wachovia Securities, LLC. Los Angeles, California C. Maison Heidelberg, Esq.; Ginny Y. Kennedy, Esq. John M. Ivan, EVP; William Holub, CFO; David A. Picon, Esq.; Erin Durba, Esq. Breach of contract; Negligence; Fraud, Concealment, and conspiracy to commit fraud; Aiding and abetting fraud and breach of fiduciary duty; Violation of California Securities Act, NASD, and NYSE Rules, and conversion; Breach of fiduciary duty Unspecified investment in QRP $1,257,444.73 (actual/compensatory); At least $3,772,334.18 (punitive and exmplary) N/A Attorneys’ fees; Costs; Prejudment interest; Other damages; Costs of suit Robert D. Sussin (P) John E. Ohashi (P)
Randall N. Kirk (NP)
Mixed
11-03721 09/27/11 07/30/12 Claims denied Corery L. Price ING Direct Investing, Inc. Nashville, Tennessee Pro se C. Dean Little, Esq. Breach of contract; Failure to supervise; Misrepresentation; Fraudulent omission; Theft of profits Long call silver commodities options contract: SIVR OCT 16 2010 20.00 CALL $250,000.00 (compensatory); $250,000.00 (punitive) N/A Placed back into the position as if violations had not occurred Bill Swinford, Jr. (P) Hugh J. Moore, Jr. (P)
Mary Neil Price (NP)
Mixed
11-03816 09/27/11 07/03/12 In favor of Claimant Catherine Register Gibson Kovack Securities Inc. Miami, Florida Charles Liberis, Esq.; Gene Mitchell, Esq. Todd A. Zuckerbrod, Esq. Negligent supervision Loans Unspecified $50,000.00 (compensatory); Interest accruing from the date of service of this Award until paid in full or Florida statutory limit, whichever comes first (4.75% per annum) Unspecified compensatory damages; Interest; Costs for proceeding; Attorneys’ fees; Punitive damages Roy B. Gonas (P) George H. Rausch (P)
Marcy R. Gilroy (NP)
Mixed
12-00050 01/03/12 07/18/12 Expungement Charles Schwab & Co., Inc. Kelly Chapman Chicago, Illinois Evelyn C. Best, Esq. until on or about June 6, 2012; Patrick R. Mahoney, Esq. n/a, no appearance Expungement N/A N/A N/A Expungement Rody P. Biggert (P) Mary Beth Wheeler (P)
Ann Wilhelmina Kuppe (NP)
Mixed
10-04476 10/05/10 08/16/12 Claims denied Brian Joseph Korbelik 2000 Trust
Brian Joseph Korbelik 2007 Trust
Debra A. Korbelik Trust
Jason Kyle Korbelik 2000 Trust
Jason Kyle Korbelik 2007 Trust
Robert B. Koriselik
Debra A. Korbelik
Robert B. Korbelik Trust
David J. Barberis
IVIelissa Corrado-Harrison
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Gregory C. Richardson
Denver, Colorado Alan C. Friedberg, Esq. Bruce W. Day, Esq., and Tare A. LaClair, Esq. Colorado Securities Act violations; breach of fiduciary duty; professional negligence; negligent supervision Investment in various hedge funds, private
equity funds, structured products and variable annuities.
Actual $6 million $25,000.00 Exemplary damages; Pre-judgment interest as provided by statute; Post-judgment interest; Attorneys’ fees and costs; and Such other and further relief as the Panel deems proper and appropriate Donald N. Tolin (P) David L. Erickson (P) and Gene R. Thomton (NP) Mixed
10-05078 11/09/10 08/24/12 Expunged MorseLife Foundation, Inc. Merrill Lynch Bank & Trust Company, FSB
Merrill Lynch Pierce Fenner & Smith Inc.
Boca Raton, Florida Steven M. Katzman, Esq. and Alexandra
DeVarona, Esq.,
Richard L. Martens, Esq. and Jason S. i-laselkom, Esq. negligence; breach of fiduciary duty investment in unspecified securities related to the
Madoff Ponzi-scheme
$33.5 million compensatory $0 costs; interest Roy B. Gonas (P) Sidney Turner (P) and Jeanne C. Wood (P) Public
10-05301 11/17/10 07/03/12 Claims denied William M. Leathers Edward Jones and Richard Allen Scherer Detroit, Michigan Anthony V. Trogan, Jr., Esq. Bradley Schram, Esq. breach of contract; common law fraud; promissory estoppel; negligence and gross negligence; malpractice; breach of fiduciary duty; and breach of Michigan Securities Laws High-risk securities investment $ 300,000 compensatory $0 N/A Jamaa L. Karpen (P) Robert J. Scafuri (P) and John R. Main (NP) Mixed
11 -00064 consolidated with 12-01385 01/04/11 08/24/12 Claims denied J. Charles Fanner
Dana Fanner
Limpinbear Family Partnership, Ltd.
J.P. Morgan Chase Bank and J.P. Morgan Securities, LLC with consolidated respondents Bruce Anthony DiBi Denver, Colorado Daniel A. Wartell, Esq., Perry Glantz, Esq. and Aaron Goldhamer, Esq.; Daniel A. Wartell, Esq for consolidated case William A. Bianco, Esq., Jonathan W. Rauchway Esq. and Michelle Meyer, Esq.; Jonathan Rauchway,
Esq. for consolidated case
breach of contract; breach of iduciary duty; and negligence brokerage accounts, and a line of credit $1,590,731.00 compensatory and $1,639,792.36 compensatory for consolidated case $0 N/A James B. Eichberg (P) Sheldon Edward Friedman (P) and Lawrence J. Madden (NP) Mixed
11-00156 01/12/11 08/15/12 Claims denied William Westeriield
Linda S. Westerfield
UBS Financial Services Inc. New Orleans, Louisiana Lance C. McCardle, Esq.
and Joseph C. Peiffer, Esq.
Randi Perry Spallina, Esq. misrepresentation; liability for the actions of its registered representative; failure to disclose; unsuitabillty; breach of duty of tmst and loyalty; failure to supervise; violations of Louisiana Civil Code, Articles 2315 ef seqf.; breach of fiduciary duty; violation of Louisiana Blue Sky Law; negligent hiring, training and monitoring; violation of FINRA rules; and, breach of contract under state law. Stock, mutual funds, unit investment funds Unspecified $0 attorneys’ fees, costs and other expenses; exemplary or punitive damages and other penalties as allowed by law; interest, both pre- and postaward Brian James Tagtmeier (P) Charies H. Peterson (P)
Francis Frank Fontenot (P)
Public
11-00325 01/17/11 08/27/12 Claims denied Martin Brookes, Counter Claim: Matthew James Dolan
Ivar Norman Jones, Jr.
Ameritas investment Corp.
Matthew James Dolan
Ivar Norman Jones, Jr.
Ameritas Investment Corp.
David Walter White; Counter Respondent, Martin Brookes
San Francisco, California Jeffrey A. Feldman Louis H. Castoria, Esq., and Kavya Mohankumar, Esq. unsuitability; misrepresentation; and omission of facts IMH Secure Loan Fund $100,000 compensatory; Counter, $100,000-$500,000 other $0 N/A Mari R. Topper(P) Frank R. Weaver (P)
David R. Finch (P)
Public
11-00482 02/02/11 08/12/12 In Favor of Claimant Charlene Bryan Wachovia Securities, LLC
n/k/a Wells Fargo Advisors, LLC
Kansas City, Missouri Roger Walter, Esq. Patrick J. Whalen, Esq. violation of the Kansas Securities Act; violation of the Federal Securities Act; suitability; breach of fiduciary duty; negligence; and failure to supervise Equity Investments Actual/Compensatory Damages $587,015.00
Exemplary/Punitive Damages $400,000.00
$50,000 Interest; Unspecified
Attorney’s Fees; Unspecified
Other Costs; Unspecified
Other Monetary Relief
M.W. Gear (P) Bill J. Alexander (P)
Donald H. Loudon, Sr. (P)
Public
11-00517 02/03/11 08/16/12 Expunged David Olson Associated Securities Corp.
Thomas Evan Fife
Los Angeles, California Scott R. Shewan, Esq. David S. Markun, Esq breach of fiduciary duty – suitability; breach of fiduciary duty – failure to diversify; 3) breach of fiduciary duty – failure to supervise; common law fraud; and statutory securities fraud exchange traded funds and unspecified
equities.
Compensatory $297,613.03 $0 Interest; Attorneys’ fees and costs; Punitive and exemplary damages; and
Treble damages.
Benjamin F. Breslauer (P) Robert F. Salnt-Aubin (P)
Alfred S. Samulon(NP)
Mixed
11-00626 02/10/11 08/29/12 In Favor of Claimant Joan Kushner
Michael Eggiman, Trustee of the
Michael and Elizabeth Eggiman Living Trust
William York Richardson
Scott Allan Sideras
Wedbush Securities Inc.
Portland, Oregon Paul
H. Trinchero, Esq.
Charies LaChaussee, Esq. violation of Oregon Securities Laws, and violation of Oregon Securities Act ORS 59.115(1)(b), and ORS 59.135(1) and (3). U.S. Dry Cleaning Corporation
(“USDC”) Notes
Compensatory $200,000 Damages $110,147; Other, $119,092 Interest; attorney’s fees and the costs F. Richard Middaugh (P) Mark Lee Haggard (P)
Chartes Edward Corrigan (P)
Public
11-00679 02/14/11 08/15/12 Expunged S.R. Takayama Citigroup Global Markets, Inc.
Michael J. Coleman
Morgan Stanley Smith Barney
Claude G. Ohanesian
San Francisco, California Lawrence R. Cock, Esq., Christopher Wimmer, Esq. Patrick G. King, Esq. breach of fiduciary duty; constructive fraud; fraud and intentional misrepresentation; negligence; negligent misrepresentation and concealment; violation of the Securities Exchange Act and the California securities laws; and failure to supervise. unspecified technology stocks Compensatory $20,000,000; Reimbursement $7,500,000; Punitive $20,000,000 $0 Pre-judgment interest; Attorney’s fees; Costs Anthony G. Sousa(P) Kalhryn J. Toronto (P)
Peter H. Daly(P)
Public
11-00709 02/21/11 08/18/12 Claims denied David Berman Empire Asset Management Company
Richard Anthony Cardinale
Christian Frank Coluccio
Gregg Lance Zeoli
New York, New York David E. Robbins, Esq. Barry M. Bordetsky, Esq. unsuitable recommendations, fraud and negligent misrepresentation, violation of federal securities laws, failure to supervise, and control person liability Neonode common stock Compensatory $550,000 plus interest $0 interest, the restoration of all commissions, interest, treble damages, cost Caryl D. Feldmann (P) James M. Baumann (P)
Philip Florio(NP)
Mixed
11-00726 02/17/11 08/02/12 In Favor of Claimant Antletam Industries, Inc.
William Warfel
Janice Warfel
Morgan Keegan & Company, Inc. Orlando, Florida Jeffrey Erez, Esq. Jennifer Tomsen, Esq. and
George D. Sullivan, Esq.
breach of fiduciary duty; negligence; negligent supervision; fraud; and, breach of contract. RMK High Income Fund, RMK Strategic Income Fund,
RMK Advantage Income Fund, and RMK Multi-Sector High Income Fund.
Compensatoary $100,000-$5000,000; Other $1888,237-$32,735 Compensatory $100,000; Punitive $100,000; Cost $32,735 punitive damages, interest, costs, attorneys’ fees Robert E. Thompson (P) Robert L Chisolm (P)
Christopher L. Mass (P)
Public
11-01011 03/10/11 08/07/12 In Favor of Claimant Jack S. Goldsmith, Individually and
as (FMTC Custodian IRA Rollover
Provision) FBO Jack S. Goldsmith
WRP Investments, Inc.,
Galovich Financial Planning
Services, Inc., and Fred Galovich, Sr.
Pittsburgh, Pennsylvania Vicki Kuftic Home, Esq. James A. McGovern, Esq. consumer protection law; breach of contract; breach of fiduciary duty; fraud; misrepresentation; and negligence investment account assets Actual/Compensatory Damages $1,400,000.00; Treble Damages $2,800,000.00 Compensatory $410,000 Exemplary/Punitive, Damages Unspecified, Interest Unspecified,
Attorneys’ Fees Unspecified
Other Costs
Michael R. Stabile, Jr. (P) Jay H. Feldstein (P)
Garry Lee Hogan (NP)
Mixed
11-01514 04/12/11 08/14/12 Expunged James A. Skidmore, Jr.
Peggy A. Skidmore
J.P. Morgan Securities, Inc. Newark, New Jersey Mitchell Markowitz Eugene L. Small, Esq. fraud, negligent misrepresentation, breach of fiduciary duty, breach of the covenants of good faith and fair dealing, negligent supervision, breach of conduct, and respondeat superior various unspecified stocks Compensatory $400,000 $0 reimbursement of all filing and hearing fees, and costs Craig Scott Bartlett, Jr. (P) Edith M. Novack (P)
Paul Allan Massaro (P)
Public
11-01582 04/11/11 08/04/12 In Favor of Claimant Shiriey Edwards R.W. Towt & Associates
Richard Warren Towt
Los Angeles, California Jonathan W. Evans, Esq. Arthur S. Leider negligence; fraud; deceit; omission of material facts; suitability; breach of fiduciary duty; breach of trust; violation of California Corporations Code §25400; failure to supervise; violation of FINRA rules and regulations; elder abuse; and unfair or deceptive practices against senior citizens investment in Nonwalk Management Compensatpry $95,000; Reimbursement $6,500 Compensatory $135,000 Lost opportunity damages;
Interest at the legal rate of 10%; Punitive damages; Treble damages;
Reimbursement; Expert witness fees; Filing fees;
Costs; and Attorneys’ fees.
Thomas A, Culbertson (P) Robert Rosen (P)
Larry Haugaard (NP)
Mixed
11-01701 04/28/11 08/08/12 Claims denied Albert Lazarus UBS Financial Services Inc.
Eric Andrew Diton
New York, New York Arthur P. Fisch, Esq. Tracey Salmon-Smith, Esq. unsuitabillty, breach of contract, breach of fiduciary duty, negligence, gross negligence in violation of the Investment Advisors Act of 1940, and violation of FINRA rules. unspecified securities Compensatory $142,939.46 $0 interest, costs, attomeys’ fees, punitive damages Keely D. Parr (P) Michele S. Riley (P) Kinchen C. Bizzell (NP) Mixed
11-01891 05/10/11 08/03/12 Claims denied Deephaven Distressed Opportunities Trading, Ltd.
Deephaven Event Trading, Ltd.
MA Deep Event, Ltd.
Imperial Capital, LLC New York, New York Jeffery Mitchell, Esq.,
and Don Abraham, Esq.
LLC: Andrew Goldwater, Esq., and Phillip Wellner, Esq. breach of contract, and breach of fiduciary dut unspecified securities Compensatory $3 million $0 interest, costs, attorneys’ fees Nancy Kramer (P) Leon a Beane (P)
Stuart Rothenstein (NP)
Mixed
11-02032 05/17/11 08/10/12 In Favor of Claimant Blanca N. Burgos-Fernandez Popular Securities, Inc. San Juan, Puerto Rico Rafael E. Lugo-Sotomayor, Esq. Alan M. Wolper, Esq. unsuitable investments; breach of contract and fiduciary duty; negligence; failure to supervise; and, elderly financial exploitation. First
Bancorp PR Preferred SER C 7.40%, First Bancorp PR Preferred SER A 7.00%,
Oriental Group Prefen-ed SER B 7.00%. W Holding CO Preferred SER D 7.40%, W
Holding CO Preferred SER B 7.25%, PR Tax Free Target Maturity Fund, and Popular
Total Retum Class A.
Compensatory $150,000′ Punitive $150,000; Other $15,000 Compensatory $30,000; Cost $6,977.25 attomeys’ fees, costs Marie C. Perry (P) Reinaldo Royo. Jr. (P)
Ivy Robin Ginsberg (P)
Public
11-02073 05/18/11 08/10/12 Expunged Tracy Mitchell Stein Trust, Tracy M. Stein TTEE
and Patiicia V. Stein TTEE
Tracy Mitchell Stein Trust. Patricia V. Stein TTEE
and Tracy M. Stein TTEE
Tracy M. Stein IRA
Patiicia V. Stein IRA
Wells Fargo Advisors. LLC f/k/a Wachovia
Securities, LLC
Orlando, Florida William B. Young, Jr., Esq. Alan S. Raftemnan unsuitebllity; breach of contract; breach of fiduciary duty; violation of Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934; common law fraud; violations of SRO rules; negligence; failure to supervise; respondeat superior; and, fraudulent concealment unspecified securities Compensatory $450,000 $0 disgorgement of all commissions, fees and other charge; pre-judgment interest; costs and expenses of this proceeding; punitive
damages
David P. Slater (P) Robert L. Hudson (P)
Edmund Herbert Hecht (P)
Public
11-02319 06/09/11 08/15/12 Expunged Ruben F. Irizarry Alcaraz UBS Financial Services, Inc. of
Puerto Rico
UBS Financial Services. Inc.
San Juan. Puerto Rico Jeffrey B. Kaplan, Esq. Roberto C. Quinones-Rivera. Esq.
and Nanette Berrios-Haddock. Esq.
negligence; breach of fiduciary duty; breach of contract; failure to supervise; violations of FINRA rules; negligence and negligent misrepresentation; and. omissions First Bancorp and W Holding
Corporation
Compensatory $230,015.75 $0 rescission; interest at the statutory rate Bernard A. Becker (P) Stuart K. Fumian (P)
Louis David Huss (P)
Public
11-02405 06/10/11 08/18/12 Claims denied Suzanne Schwedock, Beneficiary of the
Arnold Schwedock Irrevocable Trust
UBS Financial Services Inc. New York, New York Vincent J. Imbesi, Esq. Richard C. Szuch, Esq. unauthorized trades, unsuitability, breach of fiduciary duty, negligent misrepresentations and omissions, breach of the implied covenant of good faith and fair dealing, negligent supervision, professional negligence, breach of contract, over-concentration, failure to reallocate, and negligence unspecified securities Unspecified compensatory damages $0 interest, post-award interest at the statutory rate, attorneys’ fees, FINRA
filing fees, expert witness fees, costs, punitive damages
Sanford S. Stevens (P) Barry Steven Port (P)
Thomas E. Duggan (NP)
Mixed
11 -02535 06/27/11 08/24/12 Claims denied George W. Hussey TD Ameritrade, inc.
B. Edward Ownby, Jr.
Patricia Sindeiar
Nashville, Tennessee David Young Paricer, Esq. Robert C. Harris, Esq. breach of contract; negligence unauthorized money transfers Compensatory $160,000; Punitive $340,000 $0 N/A Bill Swinford, Jr. (P) Fred M. Ridolphi, Jr. (P)
Neil Harvey Smith (P)
Public
11-02568 06/23/11 08/27/12 Expunged Marianne Shine
Hemnan Shine
Patrick William Briggs
Ray Lament Seewer
Stephen Mark Seewer
Wells Fargo Investments, LLC
San Francisco, Califomia Tanya Sacks Vanessa M. Hoffmann, Esq. lack of suitability in recommending further First Trust Unit 1559 Target Focus Four and First Trust Unit 1559 Target Triad unit investment trusts (“UIT”) investments to the Claimants by their financial advisors, Respondents Ray and Stephen Seewer; lack of reasonable supervision of the Seewers by Respondent Briggs; fraud, negligence,
misrepresentation, and breach of contract; and breach of fiduciary duty
UIT securities Compensatory $317,368.11 $0 Punitive and exemplary damages, Trebling of punitive damages and
Reimbursement of reasonable costs
Edwm C. Shiver (P) James N. D’Orso (P)
Hert>ert L. Brown (NP)
Mixed
11-02646 07/07/11 08/16/12 Claims denied Virginia Bond Patchen; Third Party Claimant/ Respondent The Northwestern Mutual Life Insurance
Company/Northwestern Mutual d/b/a
Northwestern Financial Network d/b/a Northwestern
Mutual Financial Network – Pittsburgh, Northwestern
Mutual Wealth Management Company, Northwestern
Mutual Investment Service, LLC, Kevin E. Miller, and
Pershing, LLC
Thomas C. Virostek Cleveland, Ohio Scott Michael Hare,
Esq.,; Third Party Claiminat, James A. McGovern, Esq.
Joseph S.D. Christof, III, Esq. breach of fiduciary duty; violations of the Unfair Trade Practices and Consumer Protection Law; negligence; breach of contract; and negligent training and supervision Vanguard REIT Index Fund Actual/Compensatory Damages $122,135.32
Treble Damages $244,270.64
$0 Exemplary/Punitive Damages; Unspecified
Attorneys’ Fees; Unspecified
Other Costs
Thomas H. Barnard, Jr. (P) Ellen Holland Keller (P)
Kathleen P. Helbig-Hannan (P)
Public
11-0268 07/08/11 08/21/12 In Favor of Claimant Nancy L. Potter, individually and on behalf of her
indivMual investment and retirement aocounte, and
Donna M. Wilson, as Trustee on behalf of
the Potter Family Trust
UBS Financial Services Inc. Boston. Massachusetts Bradley A. Singer, Esq. Inc.: Tracey Salmon-Smitti, Esq., and Polina Dostalik, Esq. action: negligence, negligent misrepresentation, violation of Massachusetts Uniform Securities Act. fraud, fradulent misrepresentation, deceit, violation of Massachusetts Consumer Protection Law, breach of fiduciary duty, breach of contract, breach of covenant of good faith and fair dealing, unjust enrichment >ncartou8 liability, and respondeat superior unspecified securities Compensatory $400,000; Cost $86,577.00 Compensatory $50,000 interest, punitive damages, trebte damages,
attorneys’ fees, cost,
Susan E. Matoney (P) Chesley Oriel (P)
John B. Kinsellagh (P)
Public
11-02791 07/18/11 08/08/12 Claims denied Latina A. Nimplile, Trustee,
MaXma A. Nimptiie Rev Trust dtd 09/06/2002
Jonatiian B. Nimpiiie
Ann T. Ballas IRA
Ann T. Ballas
Stefani A. de Laville
Raymond James Financial Services, Inc.
Raymond, James & Associates, Inc.
Boca Raton, Florida Garry W. O’Donnell, Esq. George L. Guerra, Esq. breach of contract and failure to supervise unspecified securities Compensatory $4 million $0 pre-judgment interest, costs, attorneys’ fees Richard J. Kaplan (P) George H. Rausch (P)
Mark I. Roth (P)
Public
11-02923 07/26/11 08/02/12 Claims denied Jozef Alena, Sr.
Velma Byers
Marvin D. Hasting
Barbara J. Hasting
Marvin D. Hasting and Barbara J. Hasting TTEES
Living Trust U/A/D 10/14/91 FBO Marvin D.
Hasting and Barbara J. Hasting
David O’Harrow
Dennis Sager
Kim Sager
Morgan Stanley Smith Barney
Ingrid Margaret Gintz
Seattle, Washington Richard D. Brady, Esq. Adam Kauff, Esq; Jack M. Lovejoy negligence; violation of Revised Code of Washington (“RCW”) §21.20.010 (unlawful offers, sales, purchases) and RCW §21.21.020 (unlawful acts of person advising another) (Washington State Securities Act); breach of fiduciary duty; 4) breach of trust; 5) breach of contract; violation of the State of Washington Consumer Protection Act (RCW §19.86 et seq.); equitable principles, including general agency and tori principles; negligent supervision; failure to supervise; respondeat superior; violation of RCW §21.20.430 (civil liabilities; survival; limitation of actions; waiver of chapter void; scienter); and general allegations of vicarious and secondary liability, aiding and abetting, common law agency, and controlling person statutes understate and federal law real estate
development activities of Nominal Respondent Gintz
Compensatory $1,236,000.00 $0 lost income, lost investment opportunities, tax offset,
costs, plus pre-judgment interest
Michael R.E. Sanders (P) William P. Bergsten (P)
Thomas D. Cochran (NP)
Mixed
11-02944 07/25/11 08/23/12 Claims denied John Reber
Brenda Reber
Capital Growth Resources
Loretta Irene Cook
Walter Inwin Miller
Richard Dale Simpson; Respondent/ Counter-claimant David P. Bax
Las Vegas, Nevada Richard Sacks Walter Irwin Miller fraud; misrepresentation; negligence; breach of contract; breach of fiduciary duty; and violation of the Securities Exchange Act and Nevada regulations Tenant-In-Common
real estate securities transactions
Compensatory $686,062.50 $0 Interest, at the statutory rate, as provided by law; and Reimbursement for the reasonable costs Thomas R. Watkins (P) Edwin John Apenbrink (P), Michael Dean (NP) Mixed
11-03290 08/25/11 08/24/12 Expunged Jane M. Jones, Derreii A. Jones POA
Derrell A. Jones
Derrell A. Jones Trust
Steven Isaac Baker
Wells Fargo Advisors, LLC
Atlanta, Georgia Pat Huddleston, Esq. Keith J. Barnett, Esq. and Michael K. Freedman, Esq. breach of fiduciary duty; omission of facts; suitability; fraud; negligent misrepresentation and ommission; breach of contract; failure to supervise under federal and state laws; and, negligence mutual funds and stocks Compensatory $312,030.26 $0 interest, attorneys’
fees, tax losses, commissions generated, and punitive damages
Robert N. Leitch (P) David E. Morris, Sr. (P)
Richard Jonathan Nikonovich-
Kahn (P)
Public
11-03503 09/12/11 08/16/12 In Favor of Claimant Joe Forrest, by Cheryl Yates (Power of Attorney) Raymond James & Associates, Inc.
Paul David Arnold, Cheryl Yates
Bradenton, Florida Ronald W. Chapman, Esq. Erin Linehan Reyes, Esq., Ronald W. Chapman, Esq. negligence; unsuitability; breach of fiduciary duty; failure to supervise; common law conversion/theft; exploitation of elderiy person, 825.103(1), conversion 812.014 and civil remedy under Florida law §772.11, treble damages; churning; and, respondeat superior New York Life Annuity actual/compensatory $300,000.00; punitive/exemplary $100,000.00;
treble $600,000.00;
Compensatory $246,440.00 + $739,320.00 interest; lost opportunity cost; surrender charges; tax penalties; attorneys’ fees on a contingent basis of forty
(40%) percent;
Edith N. Dinneen (P) Diana A. Weiner (P)
Bemard S. Carrey (NP)
Mixed
08-02290 07/08/08 09/10/12 In favor of Claimant; In favor of Respondent; Claims denied Sophin Investments S.A. Merril Lynch Capital Services, Inc. and Merril Lynch Pierce Fenner & Smith Inc. New York, New York Barry R. Fischer, Esq., Eric Waldman, Esq. Dominick F. Evangelista, Esq., Robert Goldberg, Esq., Kenneth I. Schacter, Esq., Dimitri Nemirovsky, Esq. Unauthorized trading; Failure to supervise; Unsuitability; Fraud; Breach of fiduciary duty Unspecified securities $21,119,527.73 in compensatory damages $6,119,527 in compensatory damages Dismissal of the Counterclaim; Costs; Attorneys’ fees; Professional fees; Disbursements; Pre-award and post-award interest; Unspecified punitive damages Brian J. Burstin (P) Myron Kove (P), Kenneth L. Lampert (NP) Mixed
09-04321 07/20/09 09/19/12 In favor of Claimants; Claim denied Michael Monahan, Christine Monohan, Mark A. Babb H. beck, Incorporated Detroit, Michigan Bruce D. Oakes, Esq. Lisa A. Nielsen, Esq. Apparent agency; Breach of contract; Failure to warn; Fraudulent/intentional misrepresentation/omission; Negligent misrepresentation/omission/negligence; Breach of fiduciary duty Promissory notes $350.000 in compensatory damages Christine Monahan received $154,000 in compensatory damages; Mark A. Babb received $246,000.00 in compensatory damages N/A Benejamin A. Kerner (P) Eurlene R. Baggett-Hayes, J.D. (P), Robert A. Vogler (NP) Mixed
09-06807 12/02/09 09/17/12 Claim dismissed Richard W. Barrett J.P. Morgan Securities, LLC Los Angeles, California Patrick Baldwin, Esq. Brody W. Weichbrodt, Esq. Fraud and misrepresentation; Violation of Section 10(b) and Rule 10b-5 of the 1934 Act, Section 12(2) of the 1933 Act, California Corporations Code 25400, et seq., and FINRA Conduct rule 2120; Breach of fiduciary duty; Breach of contract; Suitability; Negligence; Negligent misrepresentation; Failure to observe high commerical standards; Breach of the implied covenant of good faith and fair dealing; Failure to supervise; Respondeat superior Auction Rate Securities (“ARS”) $400,000 in compensatory damages; $1,000,000 in punitive damages N/A Consequential damages; Prejudgment and post judgment interest at the legal rate from the date of the transactions herein until the date of judgment is entered; Reasonable and necessary attorneys’ fees Daniel David Kopman (NP) Nancy G. Harris (P), Dorothy B. Strackbein (NP) Mixed
10-00934 02/24/10 09/12/12 Claim dismissed Letizia Gottlieb, Managing Member/Partner of Letzgo Co., LLC Wells Fargo Advisors, LLC Boca Raton, Florida Bradford M. Gucciardo, Esq. Kathy M. Klock, Esq. Common law fraud; Breach of fiduciary duty; Negligence (gross negligence); Breach of contract; Unsuitability; Misrepresentations; Omissions Risk equity managed accounts and mutual funds (Brandes Investment Partners, Moran Asset Management Northern Trust Value Investors, Seneca Investment Advisors, and Gartmore Separate Accounts LLC) $400,000 in compensatory damages; $1,200,000 in punitive damages N/A Pre-award and post-award interest at the legal rate; Attorney’s fees; Costs; A short explanation of the basis for the punitive damage award Gary M. Landeu (P) John E. Sutton (P), Suzanne E. Mowry (NP) Mixed
10-01077 3//5/10 09/27/12 Claim dismissed; Claim settled Mayme Davis Wells Fargo Advisors, LLC Boca Raton, Florida Peter J. Mougey, Esq. Tracy L. Gerber, Esq. Failure to treat Claimant in a just and equitable manner; Breach of contract; Breach of fiduciary duty; Common law fraud; Fraudulent misrepresentation; Negligence; Negligent supervision; Negligent misrepresentation; Gross negligence; Violations of Fla. Stat. § 517.301 Numerous securities including, but not limited to: Apple Inc.; Interactive Intelligence Inc.; Capital World Growth & Income Fund; Federated Kaufman Fund; Franklin Income Fund; Franklin High Yield Tax Free Income Fund; Hartford Mutual Funds Capital Appreciation Fund; Income Fund America; Mutual Series Discovery Fund; Davis New York Venture Fund; and, Target Smal Cap Value Portfolio Fund $200,000 in compensatory damages N/A Unspecified damges based on fairness and equity; Pre-judgment interest at the statutory rate; Attorneys’ fees pursuant to Fla. Stat. § 517.211; Punitive damages Thomas Czinner (P) Jon Stanley Spisiak (NP) Mixed
10-01078 03/02/10 09/04/12 Claim dismissed; Claim settled Donald J. Aronowitz Morgan Stanley Smith Barney, LLC Boca Raton, Florida Bradford M. Gucciardo, Esq. Kenneth J. Haim Common law fraud; Breach of fiduciary duty; Negligence (gross negligence); Breach of contract; Misrepresentations; Omissions; Unsuitability Unspecified securities $140,000 in compensatory damages; $280,000 in punitive damages N/A Pre-judgment and post-judgment interest at the legal rate; Attorneys’ fees; Costs James W. Geiger (P) Antonio M. Freire (P), Gustavus L. Pearthree (NP) Mixed
10-02880 06/18/10 09/11/12 Claim dismissed Karl Townsend and Karen Fann Townsend Charles Schwab & Co., Inc. San Francisco, California Thomas D. Mauriello, Esq. Garrett R. Wynne, Esq., Audette P. Morales, Esq. Negligence; Breach of fiduciary duty; Breach of contract; Negligent misrepresentation; Fraud and deceit; Violations of Cal. Business & Professions Code § 17200 eq seq.; Violations of the California Corporations Code §§25401 and 25501 Schwab YieldPlus Fund $229,700 in compensatory damages N/A Rescission of the investment; Pre-judgment interest at the California statutory interest rate; Post-award interest at the California statutory interest rate from the date of the award to payment; Reimbursement of Claimant’s FINRA filing fee/hearing session deposit of $1,425 and of all hearing session fees; Punitive damages Herb Schwartz (P) Walter P. Hitchcock (P), William A. Husa (NP) Mixed
10-02941 06/23/10 09/19/12 Claims dismissed Lewis Samuels UBS Financial Services Inc. Los Angeles, California Kevin Galbraith, Esq. Payne L. Templeton, Esq. Securities fraud; Misrepresentation; Unsuitability; Breach of fiduciary duty; Breach of contract; Failure to disclose a material conflict of interest; Negligence; Failure to supervise Autocallable Optimization Securities $100,000 in compensatory damages N/A Recovery of pre-award and post-award interest; Costs; Expenses and expert witness fees; Attorneys’ fees; Punitive damages Robert A. Lombardi (P) N/A Public
10-03269 07/14/10 08/31/12 Claims settled; Claims dismissed Kenneth Gale Lemings Randall Kyle Anderson, Donald Thomas Treloar San Francisco, California Walter J. Schmidt, Esq. Judy Louie, Esq. Errors/charges; Negligence; Failure to execute; Incorrect quantity; Breach of fiduciary duty; Misrepresentations; Omission of facts; Breach of contract Sept 09 Ten Year Notes (“T-Note”) and unspecified Bank of America Calls $60,000 in damages N/A N/A Donald H. Korn (P) N/A Public
10-03347 07/22/10 09/18/12 Claims denied; Claims dismissed Paul Compton, Sarah Compton, Oscar Lopez and Toni Lopez; Interactive Brokers LLC (third party claimant) H. Beck, Inc. and Interactive Brokers LLC; Timothy Joseph Collins and
TangleTrade Management, LLC formerly d/b/a Collins Capital Advisors, LLC (third party respondents)
Houston, Texas Gail E. Boliver, Esq., Christopher Bebel, Esq. Danya W. Blair, Esq. (Beck), John J. Nielands, Esq.(Interactive Brokers), Timothy J. Collins (Collins and TangleTrade) Breach of contract; Negligence; Misrepresentation; Breach of fiduciary duty; Violations of Texas Securities Acts; Violations of FINRA Rules of supervision and suitability AmReit Monthly Income and Growth Fund III, Cole Credit Property Trust II, Cyprus Income Fund III $1,880,000 compensatory damages N/A Punitive damages; Interest; Attorneys’ fees Frank M. Romano (P) Phillip M. Renfro (P), David D. McNally (NP) Mixed
10-05119 11/09/10 09/05/12 Claims settled; Claims dismissed Susan Benedejcic, as Executrix for the Estate of Richard Greenfield, Deceased and Anna Greenfield, as Trustee for the Anna Greenfield Trust Securities America, Inc., Securities America Advisors, Inc., Randy Schneider, Michael C. Perimuter, Bradley Schlang, James Nagengast, W. Thomas Cross, Jay Idt, Dennis King, Kevin Miller, James Heeney, Doug Fehr, Scott Hoyt, Scott Cross, David Spinar, Steven McWhorter, Debra Hansen, Lamar Jones, Jr., and Pamela J. Wertheim Cleveland, Ohio Hugh Berkson, Esq., Anthony J. Hartman, Esq. Gregory s. Kaufman, Esq., Burton W. Wiand, Esq. Violation of Ohio Securities Act § 1707.43; Violation of Ohio Securities Act § 1707.41; Breach of fiduciary duty; Fraud; constructive fraud; Advisor/broker negligence; Negligent misrepresentations; Breach of contract; Violation of FINRA rules; Failure of SAI and SAA to adequately supervise; Respondent superior liability Medical Capital Holdings, Inc., Behringer Harvard REIT I, and IMH Secured Loan Fund, LLC $6,000,000 in compensatory damages; $24,000,000 in punitive damages N/A Attorneys’ fees; Other costs Gregory P. Szute (P) Leroy Burton Paries, Jr. (P), Robert G. Conway (NP) Mixed
11-00892 02/28/11 09/18/12 Claims settled; Claims denied Dharmendra Patel and Saroj Patel Ameriprise Financial Services, Inc. Newark, New Jersey Benjamin Lapin Michael J. Zaretsky, Esq. Excessive and unnecessary trading; False and misleading statements; Fraud; Negligent misrepresentation; Breach of fiduciary duty and breach of the covenants of good faith and fair dealing; Negligent supervision; Respondeat superior; Breach of conduct Unspecified securities $100,000 in compensatory damages N/A Reimbursement of filing fees; Hearing session fees; Costs relating to expert witness fees, transcripts, and analysis Linda T. Pellegrino (P) N/A Public
11-01469 04/07/11 09/07/12 Claims settled; Claims dismissed William A. Sheka, Jr. Ameriprise Financial Services, Inc. Houston, Texas Nicholas J. Guiliano, Esq. Howard M. Klausmeier, Esq. Violation of sections 10(b) and 20(a) of the Securites Exchange Act of 1934; Sale of unsuitable securities; Violation of the Texas Securities Act; Breach of fiduciary duty; Negligence failure to supervise; Common law fraud AFSI proprietary Riversource mutual funds and a Riversource proprietary variable annuity $50,000 in compensatory damages N/A Punitive damages; Interest; Attorneys’ fees; Other costs and monetary relief R. Lee Britton, Jr. (P) N/A Public
11-02065 05/24/11 08/31/12 Claims denied William E. Brown Watts Ha, Dave Osborn, RNC Center Capital Management, Ken Sitnick, and TD Ameritrade, Inc. N/A Pro se Hollie S. Mason, Esq. Unauthorized transfer; Non-disclosure; Error Vanguard 500 Index Fund $19,076 in compensatory damages N/A N/A Joseph C. Watson (P) N/A Public
11-02518 06/17/11 09/06/12 In favor of Claimant Raymond M. Gaib Jason Cruciani Columbus, Ohio Pro se N/A Failure to execute; Negligence Scottsdale Capital Advisors Corp., Unspecified Funds $10,000 in compensatory damages $10,000 in compensatory damages; $75.00 in other costs Other monetary relief Kevin R. McDermott (P) N/A Public
11-02713 07/05/11 09/28/12 Claims denied Paul Puskadi, As Guardian of Helen Puskadi and the Helen Puskadi Living Trust UAD 8/14/03 Merrill Lynch, Pierce, Fenner & Smith Inc., Wells Fargo Advisors, LLC Ft. Lauderdale, Florida William S. Isenberg, Esq. John P. Bevilacqua, Esq. (Merrill & Pierce); Alan S. Rafterman Unsuitability; Breach of fiduciary duty; Failure to supervise Unspecified securities $100,000 in compensatory damages N/A Punitive damages; Interest; Costs; Attorneys’ fees Donald Theodore Ryce, Jr. (P) N/A Public
11-03325 08/24/11 09/14/12 Claims denied Heidi Fritsch-Gil Janney Montgomery Scott LLC Newark, New Jersey Benjamin Lapin Carrie L. Chelko, Esq. Breach of fiduciary duty; Breach of contract; Fraud; False and misleading statements; Negligent misrepresentation; Breach of covenants of good faith and fair dealings; Negligent supervision; Respondeat superior Unspeficied Class A mutual funds $50,000 in compensatory damages N/A Unspecified costs Abraham Harry Bunis (P) N/A Public
11-03635 09/14/11 09/05/12 In favor of Claimant Milo H. Segner, Jr. as Trustee of the PR Liquidating Trust Meadowbrook Securities LLC Dallas, Texas Andrew B. Sommerman, Esq. N/A Breach of fiduciary duty; Breach of contract; Negligence; Negligent misrepresentation; Violations of the 1933 Securities Act; Violations of the Texas Securities Act Section 33(A)(2); Violation of the Texas Securities Section 33(F)(1) Reg D offerings of preferred stock issued by a series of oil and gas asset holding companies that were managed by Provident Royalties, LLC $2,245,000 in compensatory damages $2,245,000 in compensatory damages; $4,490,000 punitive damages; $224,500 in attorneys’ fees; $250 in costs; Interest Unspecified William E. Hartsfield (P) N/A Public
11-03650 09/14/11 09/27/12 In favor of Claimant Milo H. Segner, Jr., as Trustee of the PR Liquidating Trust Harrison Douglas, Inc. Dallas, Texas Andrew B. Sommermann N/A Breach of fiduciary duty; Breach of contract; Negligence; Negligent misrepresentation; Violations of the 1933 Securities Act; Violations of the Texas Securities Act Section 33(A)(2); Violation of the Texas Securities Act Section 33(F)(1) Reg D offerings of preferred stock issued by a series of oil and gas asset holding companies that were managed by Provident Royalties, LLC Unspecified $2,255,000 in compensatory damages; Interest; $902,000 in attorneys’ fees Unspecified Donald C. Hood (P) N/A Public
11-04409 11/28/11 09/07/12 In favor of Claimant; Claims dismissed The Bachman Living Trust Morgan Stanley Smith Barney and Cumbow N/A Richard P. Bachman Brian C. Hale, Esq. Breach of contract; Omission of facts Fannie Mae preferred stock $10,000 in compensatory damages $10,000 in compensatory damages N/A David M. Levine (P) N/A Public
11-04587 12/08/11 09/07/12 In favor of Claimant Marvin Rotman Rockwell Global Capital LLC, Bruce Guarino, and Peter Anthony Ferrara N/A Lars K. Soreide, Esq. Martin H. Kaplan, Esq. Negligence; Breach of fiduciary duty; Negligent supervision; Breach of contract; Fraud Simply Fit Holdings 10% convertible promissory notes $25,000 in compensatory damages $25,000 in compensatory damages Recission; Punitive damages; Interest; Costs Elizabeth Gilbert (P) N/A Public
12-00243 01/19/12 09/05/12 Claims denied LaSandra McKinzie, Tashara McKinzie, Jonathan McKinzie Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Curt R. Soefker, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure of supervise; Violations of Securities Regulatory Rules and the Alabama Securities Act; Misrepresentations; Self-dealing; Breach of the duty of good faith and fair dealing; Negligence; Failure to properly execute its duties RMK funds $25,000 in compensatory damages N/A Recission; Punitive damages; Interest; Attorneys’ fees; Costs R. Van Young N/A Public
12-00430 02/01/12 09/01/12 Claims denied Geary Stevenson Nationwide Investment Services Corp N/A Pro se Natalie T. Furniss, Esq. Breach of fiduciary duty; Misrepresentations; Non-disclosures; Breach of contract; Negligence New York State Deferred Compensation Plan $8,000 in compensatory damages; $10,000 in punitive damages N/A N/A Denzil J. Klippel (P) N/A Public
12-00491 02/09/12 09/19/12 Claims denied Sylvia Belin and Randi Belin (Randi Rosen) Jeri Fried Cohan and Wells Fargo Advisors, LLC N/A Christine Lazaro Brent J. Burtin, Esq. Misrepresentation; Omission of material facts; Breach of fiduciary duty; Failure to supervise; Respondeat superior Unspecified securities $13,370 in compensatory damages N/A Interest – 9% per annum; Attorneys’ fees; Costs James S. Hazard (P) N/A Public
12-00553 02/15/12 09/19/12 Claims denied; Claims settled Charlene Donna Carter, Jennifer Irene Hector Blake A. Fry Portland, Oregon G. Thomas Fleming III, Esq. and Kasumi Takahashi, Esq. N/A Expungement of all references to Blake A. Fry v. Raymond James Financial Services, Inc., Charlene Carter and Jenny Hector from their Central Registration Depository (“CRD”) records N/A N/A N/A N/A O. Meredith Wilson, Jr. (P) N/A Public
12-00563 02/19/12 09/04/12 Claims denied Zhenzhou Wang and Min Cao Interactive Brokers LLC N/A Pro se Juli Ann Aylesworth, Esq. Breach of duty of fair dealing and customer loyalty; Breach of contract; Violation of the rules and regulation of the securities industry Unspecified securities $25,000 in compensatory damages N/A Costs Richard W. Vallario (P) N/A Public
12-00737 02/24/12 09/27/12 Claims denied; Claims settled Evangelos Dimopoulos Merrill Lynch Pierce Fenner & Smith Inc. and Sharon Kurgis Ft. Lauderdale, Florida Pro se Jill M. Del Monico Unsuitability; Misrepresentation ABN AMBRO and Ambac Financial Group preferred securities $20,118.70 in compensatory damages; $3,500 in punitive damages N/A Forum fees; Other related costs Jerrold Levine (P) N/A Public
12-00821 03/06/12 09/10/12 Claims denied Irving Rotmil, as Trustee for and beneficiary of, the Annette Rotmil IRA Summit Brokerage Services, inc. and Norman Robbins N/A Robert L. Rotmil, Esq. Michael J. Lang, Esq. Unsuitability; Breach of fiduciary duty; Respondeat superior; Negligent supervision; Ratification; Prima facie tort Hewlett Packard stock $3,212.55 in compensatory damages N/A Punitive damages; Interest, attorneys’ fees; Other costs Gloria J. North (P) N/A Public
12-01001 03/18/12 09/20/12 Claims denied Yazheng Song Genesis Securities, LLC and Wang Investment Associates, Inc. N/A Pro se William Yeh (Genesis) and Dennis W. Maloney (Wang) Churning; Manipulations; Misrepresentations/non-disclosures; Unauthorized trading AIG stock $4,805 in compensatory damages N/A Costs Reed H. Bement (P) N/A Public
12-01108 03/23/12 09/25/12 In favor of Claimant Michael Bruni Alex Hotzoglou and Morgan Stanley Smith Barney N/A Charles M. O’Rourke, Esq. Lawrence G. Barbot, Esq. Negligence Unspecified money market fund $22,664.22 in compensatory damages $22,664.22 in compensatory damages; Interest N/A Ann Pinciss Berman (P) N/A Public
12-01129 03/27/12 09/22/12 In favor of Claimant Paul D. Cottrell Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. John Starnes, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of Alabama Securities Act, Common law claims RMK funds $25,000 in compensatory damages $7,646.14 in compensatory damages, interest, $17,353.86 in attorneys’ fees and costs Punitive damages; Interest; Attorneys’ fees; Other costs; Recission Helen Marinak Blohm (P) N/A Public
12-01130 03/27/12 09/05/12 Claims denied Standford A. Smith and Suzanne C. Smith Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Curt R. Soefker, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of Louisiana Securities Act; Common law claims RMK funds $25,000 in compensatory damages N/A Pre-judgment and post-judgment interest; Recission; Punitive damages; Attorneys’ fees; Other costs Frederick H. Bruce (P) N/A Public
12-01866 09/17/10 09/07/12 In favor of Clamiant, Claims denied Gregory Webb James Rapuano Boston, Massachusetts Robert V. Cornish, Jr., Esq. N/A Fraudulent/negligent misrepresentation; Fraud; Deceit; Aiding and abetting,; Negligent retention; Negligent supervision; Negligence; Breach of contract; Violations of Massachusetts Consumer Protection Act; Unjust enrichment; Breach of fiduciary duty Unspecified securities $150,000 in compensatory damages; $450,000 in punitive damages $150,000 in compensator damages; Interest Attorneys’ fees; Other costs Jeffrey P. Petrucelly (P) N/A Public
12-01952 11/04/11 09/27/12 In favor of Claimant, Claims denied David Phillipes indvidually and as IRA beneficiary, Deanna Phillipes individually and as IRA beneficiary, and David and Deanna Phillipes as joint tenants John Johnson and James Rapuano Philadelphia, Pennsylvania Robert V. Cornish, Jr., Esq. N/A Fraudulent misrepresentations; Fraud; Deceit; Aiding and abetting; Negligent supervision; Negligence; Breach of contract; Violations of the Pennsylvania Unfair Trade Practices Act; Unjust enrichment; Breach of fiduciary duty; Violations of federal and Pennsylvania Securities Laws Unspecified securities $75,000 in compensatory damages, $225,000 in punitive damages $75,000 in compensatory damages Attorneys’ fees; Other costs; Expenses; Recission Edward F. Koren (P) N/A Public
08-00156 01/18/08 10/15/12 Claims denied Essex Equity Holdings USA, LLC; M. Brian Maher; Basil Maher Lehman Brothers Inc.; Jeffrey L. Chernick; Peter C. Gambee; William C. Gourd; Neil Greenspan; Sanford A. Haber; Mark J, Stevenson; Third Party Respondents: Greenhill & Co., LLC, John D. Liu New York, New York Mark S. Cohen, Esq. Theodore A. Krebsbach, Esq.; Breach of contract; Breach of fiduciary duty; Unsuitability; Unauthorized purchases; Negligent misrepresentation; Violations of Section 10(b) and Rule 10b-5 of the Securites Exchange act; Conversion; Negligence; Gross negligence; Failure to supervise; Violation of Section of the Securites Act of 1933; Rescission; Fradulent inducement; Fraud Auction rate securites $209,463,178.00 or $204,609,923.00 (compensatory) n/a Punitive damages triple the compensatory damages; Interest; Attorneys’ fees; costs; Such other releif as is just, fair, and equitable Sam Antar (P) Robert E. Anderson (P); Judith P. Brooks (NP) Mixed
08-04952 12/23/08 09/26/12 In favor of Claimant Charles Giger Pavek Investments Inc. n/k/a American Beacon Partners, Inc.; James J. Ahmann; Christopher Lynn Belonge; James Arnold Hintz Chicago, Illinois David Audley, Esq.; Matthew Boba, Esq. Michael C. Bruck, Esq. Common law fraud; Violation of Illinois Securities Law of 1953; Breach of the Illinois Consumer Fraud and Decptive Business Practices Act Guaranteed bonded life settlements (Mangione Policy) $1,100,000.00 (compensatory); $1,100,000.00 (punitive) Respondent James J. Ahmann is liable and is to pay $400,000.00 in compensatory damages; Respondent Pavek Investments Inc. (n/k/a American Beacon Partners, Inc.) is liable and is to pay $160,000.00 in compensatory damages; Respondent Christopher Lynn Belonge is liable and is to pay $160,000.00 in compensatory damages; Respondent James Arnold Hintz is liable and is to pay $80,000.00 in compensatory damages Attorney fees; Other Costs; Other Monetary Relief Charles F. Custer (P) Timothy M. Feeney (P); Robert J. Larson (NP) Mixed
09-06175 10/27/09 10/18/12 Claims denied William Gangi; Estelle Gangi; William and Estelle Gangi Irrevocable Family Trust J.P. Morgan Clearing Corp.; J.P. Morgan Securities, LLC; Brian M. Purpura; Scott Evan Siegel Newark, New Jersey Peter S. Pearlman, Esq. Timothy E. DiDomenico, Esq. Breach of fiduciary duty; Misrepresentation; Omission of material facts; Suitability; Respondeat superior; Failure to supervise GMAC and Ford Motor credit notes; Fannie Mae and Feddie Mac securities n/a n/a Unspecified damages Dwight Wassong (P) Linda T. Pellegrino (P); Scott M. Pellegrino (NP) Mixed
09-06268 10/29/09 10/04/12 Claims denied Richman Bry, Jr. Kevin James Caputo; Citigroup Global Markets, Inc. Los Angeles, California Thomas Dressler, Esq. Adam Kauff, Esq. Breach of fiduciary duty; Misrepresentation/non-disclosure; Unauthorized trading; Omission of facts; Suitability Annuities; Bond funds $100,000.00 (compensatory) n/a Unspecified damages; Pre-judgment interest; Costs; Attorney fees Robert C. Albini (P) n/a Public
09-06473 11/10/09 10/03/12 Claims denied James Sherry IRA Account; Shirley Sherry Revocable Trust DTD 09/22; The Segue Foundation, Inc. Morgan Stanley & Co., Incorporated New York, New York Steven D. Toskes, Esq. Thomas Briody, Esq. Breach of contract; Breach of fiduciary duty; Violations of NYSE, NASD and FINRA rules, and Securites and Exchange Act, federal and state securities laws; Overconcentration; Negligence; Gross negligence; Misrepresentations and omissions; Respondeat superior; Fraud; Constructive fraud Equity investments; Options; Exchange traded funds; Preferred financial stocks $2,500,000.00 (compensatory) n/a Under-performance damages; Punitive damages in an amount according to proof; Interest at the legal rate on all sums recovered; Attorneys’ fees; Costs Susan C. Lushing (P) Susan Y. Chin (P); Christian Leslie Billet (NP) Mixed
10-00992 03/02/10 10/21/12 In favor of Claimant Brigette Roberts, M.D. ThinkEquity Partners, LLC; Pascal M. Besman; JMP Securites LLC New York, New York David E. Robbins, Esq. Julie A. Kole, Esq.; Nathan R. Jaskowiak, Esq; Theodore A. Krebsbach, Esq. Violaton of NASD Conduct Rule 2310 (Suitability); Violation of NASD Conduct Rule 3010 & NYSE Rule 342 (Negligent supervision); Fraudulent and/or negligent misrepresentation and omission; Negligence; Fraudulent inducement; Fraudulent concealment; Breach of fiduciary duty Auction rate securites $4,750,000.00 (compensatory) $1,475,000.00; rescind purchaces of auction rate securites outstanding in Claimant’s account Recission, Consequential damages; Punitive damages of three times the amount of compensatory damages; Attorneys’ fees; Costs; Pre and post-award interest at the highest lawful rate Elizabeth Gilbert (P) Marianne C. Hussey (P); Sherrl L. Hughes (NP) Mixed
10-00998 03/01/10 10/04/13 Claims denied Mark Conklin; Conklin Corporation Bank of America Securities, LLC Newark, New Jersey Vincent J. Imbesi, Esq Lloyd S. Clareman, Esq. Failure to execute; Unauthorized trading; Unsuitability; Violation of Securities Exchange Act of 1934 and Rule 10b-5; Breach of fiduciary duty; Violation of New Jersey revised statutes §49:3-71; Violation of §349 of the General Business Law of the State of New York; Control person liability; Respondeat superior Unspecified securities n/a n/a Unspecified compensatory losses; Interest; Post-award interest at the statutory rate; Attorneys’ fees; FINRA filing fees; Expert witness fees; Other costs and expenses; Punitive damages Joan M. Traub (P) Linda J Baer (P); Laura H. Goldzung (NP) Mixed
10-01722 04/12/10 10/16/12 Claims denied Hayden Mayeaux; Norma Mayeaux Smith Barney, f/k/a Citigroup Global Markets, Inc.; Jeffrey H. D’Amico; Mary “Tootie” Landry New Orleans, Louisiana Steven G. Durio, Esq. Alejandro Schwed, Esq. Breach of contract; Failure to supervise; Negligence; Breach of fiduciary duty; Misrepresentations; Omission of facts; Suitability American Funds Capital Income Builder Stock; Multiple Discipline Account $521,981.00 (compensatory) n/a Interest ($37,837.20); Attorneys’ fees ($35,000.00); Costs ($21,500.00) Bertrand C. Moser (P) David J. Schexnaydre (P); Edward David Sonnier, II (NP) Mixed
10-03941 09/01/10 10/07/12 Claims denied Gerhard Rohloff individually and as Trustee of the Gerhard Rohloff Living Trust dated 7/11/05 Jeffrey Joseph Arburn;
Impact Financial Management, LLC; Whitehall-Parker Securities, Inc.; Grubb & Ellis Securities, Inc.
San Francisco, California Christopher P. Mader, Esq. Abe Lampart, Esq.; Jennifer Stein, Esq. Financial abuse of an elder or dependent adult; Suitability; Breach of fiduciary duty; Fraud; Supervision; Breach of contract; Negligence; Breach of the implied covenant of good faith and fair dealing; Failure to observe high commercial standards; Respondeat superior Tenant in common interests $3,660,429.00 (compensatory) n/a Rescission of the investments pursuant to California Corporations Code §25501; Consequential damages; Pre-judgment and post-judgment interest at the legal rate; Punitive damages pursuant to California Welfare and Inst.Code§15600; Reasonable and necessary attorney fees (cost and expenses) pursuant to California Civil Code §1717 and the California Welfare and Inst.
Code §15600, et seq., among others
Edwin C. Shiver (P) Herbert Liberman (P); Mark Aaron Jones (NP) Mixed
10-04075 09/08/10 10/03/12 In favor of Claimant Robert Wittinann; Cheryl Wittmann Steven L. Falk & Associates, Inc.; Marilee Hill Baltimore, Maryland D. Daxton White, Esq. Steven L. Falk; Thomas Fehn, Esq. Violation of common law fraud; Breach of fiduciary duty; Negligent failure to supervise; Negligence. Tenant in common interests in Cabot Creekside and Gainesville Comfort Inn. $1,360,000.00 (compensatory) $61,600.00 (compensatory) Costs; Interest; Expenses and disbursements; Expert witness fees; Such other relief deemed just and proper Douglas Eari McLaren (P) Vicky L. Orem (P); Jane F. Moore (NP) Mixed
10-04909 10/28/10 09/29/12 Claims dismissed Laurence Pilgeram as trustee of the Pilgeram Trust UAD 8/10/93 Morgan Stanley Smith Barney Las Vegas, Nevada Pro se Chan Nam, Esq. Breach of fiduciary duty; Failure to disclose Asia Pulp and Paper International Bonds $73,140.00 (compensatory) n/a Interest ($42,925.87); Punitive/exmplary damages; Costs ($975.00); Any other relief deemed necessary and appropriate William M Howard (P) n/a Public
11-00013 12/24/10 10/16/12 Claims dismissed Marc Henig E*Trade Securities LLC New York, New York Pro se John Bersin, Esq. Phone transaction failure Unspecified securities $14,000.00 (compensatory) n/a n/a Christina Kallas (P) n/a Public
11-00186 01/14/11 10/01/12 In favor of Claimant Thomas E. Farnsworth Adam Sclafani Denver, Colorado Stephen D. Hil, CPA Craig A. Riha, Esq.; Timothy Feil, Esq. Misrepresentation of account performance; Inducement for additional funds; Unauthorized trading; Excessive trading/churning Unspecified securities $61,661.46 (compensatory) $30,700.00 (compensatory); $6,100.00 (interest); $19,664.00 (costs and expenses excluding previously ordered amount of $3,872.64) Interest; Professional fees; Punitive damages Mary C. Davis (P) n/a Public
11-00632 02/09/11 10/03/12 Claims settled; Claims dismissed David A. Mengo Ameriprise Financial Services Inc. Chicago, Illinois Benjamin Lapin;pro se Edward Walton, Esq. Fraud; Negligent misrepresentation; Breach of fiduciary duty and breach of the covenants of good faith and fair dealing; Negligent supervision; Breach of contract; Section 20 violations; Respondeat superior Unspecified speculative closed end funds; Unspecified risky equity products $60,000.00 (compensatory) n/a n/a Michael S. Matek (P) n/a Public
11-01363 04/05/11 10/02/12 Claims denied Malco Real Estate, Inc. UBS Financial Services Inc. New York, New York Edward H. Glenn, Jr., Esq Jon D. Kaplon. Esq Securities fraud; Common law fraud; Misrepresentation; Breach of fiduciary duty;Breach of contract; Unsuitability; Negligence; Violation of Federal Securities Laws, New York State common law, and FINRA Rules Return Optimization Security structured notes $100,000.00 (compensatory) n/a Rescission; Pre- and post-award interest; Costs; Expenses; Attorneys’ fees; Expert fees; Forum fees; Punitive damages Irwin Kahn (P) n/a Public
11-01549 04/13/11 10/19/12 Claims settled; Claims dismissed Edward J. LaPosta Chase Investment Services Corp. Charleston, West Virgina Samuel B. Edwards, Esq. Michael N. Unger, Esq.; Jill Y . Coen, Esq. Breach of contract and warranties; Promissory estoppel; Violation of state securities statutes; Claims under common law; Vicarious liability Class C shares Oppenheimer Rochester National Municipals Fund; The Oppenheimer AMT-Free Municipals Fund $100,000.00 (compensatory) n/a Punitive damages; Interest; Attorneys’ fees Donald B. Vaden (P) n/a Public
11-002507 06/16/11 10/29/12 In favor of Claimant Brian Williams Ameriprise Financial Services, Inc. Minneapolis, Minnesota Peter Pattakos, Esq. Ronald P. Kane, Esq. Breach of contract; Breach of fiduciary duty; Manipulation; Misrepresentation; Failure to supervise Real estate deveopment company investment $75,000.00 (compensatory) $37,500.00 (compensatory) Interest; Attorneys’ fees John C. DeMoss n/a Public
11-02704 07/07/11 10/15/12 Claims denied Estate of Nina R. Helaire; Edmond Helaire, Sr. Hibernia Investment Securities, Inc.; Shelley Moncrief New Orleans, Louisiana Pro se Todd Ratner, Esq. Breach of contract; Failure to receive monies owed to them Mutual funds $165,000.00 (compensatory) n/a FINRA hearing session fees; Expert witness fees; Attorney’s fees; costs; Interest Jeff Kilgore (P) n/a Public
11-03911 10/07/11 10/19/12 Claims dismissed Miriam Dean Wells Fargo Advisors, LLC Los Angeles, California Pro se Vanessa M. Hoffmann, Esq. Violation of common law fraud; Breach of fiduciary duty; Negligent failure to supervise; Negligence Barclay Bank PLC 6-month reverse convertible note $55,000.00 (compensatory) n/a Interest; Costs associated with filing claim; Expert fitness fees Robert Rosen (P) n/a Public
11-04106 10/28/11 10/17/12 Claims denied Hershel Finkelstein Jacob Eilenberg; Abram Joseph Silver; Moses M. Silver n/a Pro se Pro se Failure to timely execute trades FDX call options $24,500.00 (compensatory) n/a n/a Raymond Nardo (P) n/a Public
11-04622 12/08/11 10/11/12 Claims denied David Jastremski David Lerner Associates, Inc; David Herman Tepper n/a Pro se Joseph C. Pickard, Esq. Unsuitability; Failure to honor redemption request; Lost market opportunities Apple Real Estate Investment Trust $5,000.00 (compensatory) n/a n/a Michael Lau (P) n/a Public
11-04797 12/21/11 10/06/12 In favor of Claimant James P. McKay; Kristine McKay Wells Fargo Advisors, LLC; Melisa Ann Oehmke n/a Martha J. Ashcraft, Esq Deidre Wolff, Esq Failure to follow instructions to liquidate all assets and transfer as cash Unspecified securities $8,267.83 (compensatory); $8,267.83 (punitive) $8,267.83 (compensatory); Interests (5%); Filing fee ($425) Reimbursement for the filing fee Richard R. Edmister (P) n/a Public
12-00151 01/09/12 10/02/12 In favor of Claimant Dale J. Schubert J.J.B. Hilliaid, W.L Lyons, LLC Detroit, Michigan Pro se J. Curtis McCubbin, Esq.; Gary William England, Esq. Misrepresentation; Fraud; Suitability; Breach of fiduciary duty; Failure to supervise/negligence; Blocked transfer/obstruction 945 shares PIMCO Floating Rate Strategy Fund $4,973.43 (compensatory) $4,973.43 (compensatory); $800.00 (pre-award interest); Post-award interest on compensatory damage (6%); $2,100.00 (litigation and disbursement expenses) Punitive damage; $800.00 (attorneys’ fees); $1,333.50 (court fees); $1026.59 (interest); $135.0 (unauthorized fees); $425.00 (costs); $2,164.04 (expenses and disburments) Lee Hormberger (P) n/a Public
12-00498 02/07/12 10/02/12 Claims denied Kirk Baerwaldt; Maxine Baerwaldt E*Trade Securities LLC Las Vegas, Nevada Pro se John Bersin, Esq. FINRA’s Special Arbitration Procedures for auction rate securities investments BlackRock TR11 Auction Market PFD SHS SER W7 auction rate securites $50,215.00 (compensatory) n/a n/a Benjamin F. Breslauer (P) n/a Public
12-00806 03/05/12 10/02/12 Claims denied Ronald M. Reid Joeseph Gilbert; Morgan Stanley Smith Barney n/a Pro se Sheetal Parikh, Esq Mishandling of account docuntentation; Failure to execute Mutual funds $2,325.00 (compensatory); $175.00 (punitive) n/a n/a Charles Orlove (P) n/a Public
12-01111 03/26/12 10/20/12 Claims denied Leroy H. Benton, Jr.; Margaret Welch Benton Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq. Carios E. Provencio, Esq. Negligence; Misrepresentations and omissions; Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules and the Alabama Securities Act Morgan Keegan Bond Funds $25,000.00 (compensatory) n/a Punitive damages; Interest; Attorneys’ fees; Costs; Lost earnings and charges to account; Rescission Annette Gres Shepherd (P) n/a Public
12-01114 03/26/12 09/30/12 In favor of Claimant Connie N. Knox Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq. John Stames, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of Alabama Securities Act; Common law claims RMK Funds $25,000.00 (compensatory) $17,500.00 (compensatory); $425.00 (filling fee) Pre-judgment interest; Post-judgment interest; Rescission; Punitive damamges; Attorneys’ fees; Monetary losses in account; All charges to account; Lost earnings; Costs Stuart K. Furman (P) n/a Public
12-01189 03/28/12 10/22/12 Claims denied Bradley Glatter LPL Financial LLC; Michael Wayne Lutz n/a Pro se Brad Jacobs Negligence; Breach of fiduciary duty; Misrepresentations; Unauthorized trading Various stocks; Mutual funds; Corporate and municipal bonds $6,150.00 (compensatory); $18,250.00 (punitive) n/a Costs ($50.00) Ray J. Grzebielski (P) n/a Public
12-01283 04/03/12 10/17/12 Claims denied Milan E. Chilla Merril Lynch, Pierce, Fenner & Smith, Inc. n/a Milan E. Chilla Hassan A. Abedi, Esq. Negligence; Breach of fiduciary duty; Omissions of facts. Tribune Company common stock $15,000.00 (compensatory); $10,000.00 (punitive) n/a Attorneys’ Fees Anna Lascar (P) n/a Public
12-01342 04/12/12 10/10/12 Claims denied Philip Merryman Charles Schwab & Co., Inc. n/a Pro se Greg Scanlon, VP, Esq. Wrongful withholding of funds; Negligence EDAC Technologies Corporation stock $1,423.00 (compensatory); $5,000.00 (punitive) n/a $1,478.00 (Return of improperly held account); Reimbursement of arbitration fee Anna Lascar (P) n/a Public
12-01371 04/16/12 10/12/12 Claims dismissed Carl E. Davis John S. Miller, Jr. Philadelphia, Pennsylvania David M. White, Esq. Pro se Negligence; Breach of fiduciary American-Skandia annuities $96,606.00 (compensatory) n/a Prejudgmet interest (3.25%); Reasonable attorneys’ fees Steven T. Stern (P) n/a Public
12-01553 04/23/12 10/16/12 Claims denied Kenneth H. Volz; Nancy M. Volz E*Trade Securities LLC n/a Pro se John Bersin, Esq. Consequential damages beyond the loss of liquidity Auction rate securites $8,025.91 (compensatory) n/a n/a Gregory G. Gocek (P) n/a Public
12-01677 05/07/12 10/19/12 Claims denied Charles Schwab & Co., Inc.; Kimon Peter Daifotis Don C. Miller;
Donald C. Miller Charles Schwab & Co., Inc. Cust IRA Rollover;
Donald C. Miller Charles Schwab & Co., Inc. Cust Roth Contributory IRA
San Francisco, California Audette P. Morales, Esq Thomas F. Shine, Esq. No claims just seeking expungement of FINRA arbitration styled Don C. Miller, Donald C. Miller Charles Schwab & Co.. Inc. Cust IRA Rollover. Donald C. Miller Charles Schwab & Co.. Inc. Cust Roth Contributon/ IRA vs. Charles Schwab & Co.. Inc. and Kimon P. Daifotis, FINRA Arbitration Case No. 09-05758, from Claimant Dalfotis’s Forms U-4 and U-5, and related records, based upon the standards set forth in NOtice to Members 04-16 and FINRA Rule 2080 n/a n/a n/a Expungment from records James N. D’Orso (P) Linda M. McCoy (P); Jerold R. Babin (NP) Mixed
12-03350 09/20/12 10/24/12 In favor of Claimant Sergio Alvarado Capstone Partners, LC; Glen E. Smith, Jr. Chicago, Illinois David Neuman, Esq. Did not appear Violation ofthe Illinois Securities Law of 1953; Violation of Regulation 130.850 under the Illinois Securities Law of 1953; Violation of the Illinois Consumer Fraud and Deceptive Practices Act; Common law fraud and misrepresentation; Violations of Section 2110 Conduct Rules of the NASD; Violation of section 2120 Conduct Rules of the NASD; Violations of section 2310 Conduct Rules ofthe NASD; Violation of section 3010 Conduct Rules of the NASD; Breach of fiduciary duty; Negligence and negligent supervision; Respondeat superior Promissory note from Sure Line Acceptance Corp $540,000 (compensatory) $540,000 (compensatory); $207,892.00 (interest); $66.80 (other costs); $249,048.00 (attorneys’ fees); $375.00 (filing fee) $207,892.00 (interest); $249,048.00 (attorneys’ fees); $66.80 (other costs) Irving A. Chesler (P) n/a Public
12-03478 12/21/11 10/22/12 In favor of Claimant Marianne Shetzline Scott F. McElhenny Philadelphia, Pennsylvania David Valicenti, Esq Did not appear Negligence; Breach of fiduciary duty; Unauthorized transactions; Common law fraud; Respondeat superior Rydex Inverse Funds $150,000.00 (compensatory) $150,000.00 (compensatory); interest (4%) Punitive damages; Interest; Attorneys’ fees; Costs John James McGovern, Jr. (P) n/a Public
09-04874 08/18/2009 11/10/2012 Claims dismissed Henry G. Tutek Wachovia Securities, LLC Philadelphia, Pennsylvania Bruce D. Oakes, Esq. Brian A. Carlis, Esq. Breach of fiduciary duty; Violation of New Jersey’s Securities Act; Negligence; Misrepresentation; Omission of facts; Common law fraud; Breach of contract; Negligent supervision Unspecified securities $1,500,000.00 (compensatory; Punitive damages; Attorneys’ fees; Pre-judgment and post-judgment interest; Costs; Such other relief that the Panel deems just and proper n/a Dismissal of statement of claim with prejudice; Costs and expenses; Attorneys’ fees; Such futher relief as the Panel deems just and proper Michael E. Scullin (P) Harold Yaskin (P); Malcolm J. Irving (NP) Mixed
10-01505 03/15/2010 11/15/2012 In favor of Claimants Alberto Ferrer; Qingwen Li CCO Investment Services Corp. Southfield, Michigan Ronald H. Thrash, Esq.; David Miller, Esq. Jarrod D. Shaw, Esq.; John Powers, Esq., Breach of contract and warranties; Promissory estoppel; Unfair trade and deceptive practices; Violations of state securities
statutes; Violations of state fraud statutes; Claims under common law, including intentional and negligent misrepresentations, unjust enrichment, breach of fiduciary duty, and negligence; Secondary liability under various doctrines.
Omax high risk junk municipal fund $100,000.00 (actual/compensatory damages); Unspecified amount of exemplary/punitive damages $50,000.00 (compensatory damages); $4,000.00 (expert witness fee costs); $225.00 (non-refundable portion of FINRA Filing Fee; $17,500.00 (Attorneys’ fees) Interest; Attorneys’ fees; Other costs; Other monetary relief; Other non-monetary relief James P. Graven (P) N/A Public
10-01556 04/02/2010 11/1/2012 Claims dismissed Cortell Family Limited Partnership V; Denise Cortell Slomak, as Trustee of the Denise C. Slomak Trust; Karen Cortell Robbins, as Trustee of the Karen
Robbins Trust
Morgan Keegan & Company, Inc. Boca Raton, Florida Matthew W. Woodruff, Esq.; Ross B, Intelisano, Esq. S. Lawrence Polk, Esq.; Aaron S. Furniss, Esq. Misrepresentations and omissions; Unsuitability; Fraud; Breach of fiduciary obligations; Failure to supervise; Breach of customer agreement; Negligence; Gross negligence and negligent misrepresentation; Respondeat superior; Violation of Cal. Corp. Code Section 25401 [as to Claimant Karen [Robbins Trust only]; Violation of Ohio Rev. Code Section 1707.43 [as to Claimants Cortell Family Limited Partnership V and Denise C. Slomak Trust only] RMK Select High Income Fund; RMK Select Intermediate Bond Fund $1,892,900.00 (compensatory damages); Other damages; Unspecified amount of punitive damages; Damages pursuant to Cal. Corp. Code Section 25401; Damages pursuant to Ohio revised Code Section 1707.43; Rescission; Disgorgement of Respondent’s compensation; Rescission of RMK Funds transactions; Interest at legal rate; Reasonable attorneys’ fees; Costs; Expert fees; Witnesses fees; Administrative expenses; Any other and further relief deemed just and equitable by the Panel; n/a Dismissal of this action; All FINRA assessments and costs be borne by Claimants; Preparation costs; Travel expenses; Attorneys’ fees; Expert witness fees; Other, further and general relief to which may be entitled. Peter A. Portley (P) Joseph L. bernstein (P); Paul Joseph McIntyre (NP) Mixed
10-01665 04/09/10 11/26/12 Claims dismissed and expunged Virumal Motwani; Sharda Motwani Merrill Lynch; Pierce, Fenner & Smith Incorporated San Diego, California Pro Se Eric J. Glassman, Esq Negligence; Misrepresentation; Fraud; Unauthorized trading Unspecified stock purchased on margin in Claimants account $207,000.00 (compensatory); $75,000.00 (interest on investmnets from July 2005, to date); $500,000.00 (punitive) Statement of claim to be dismissed;Costs against claimants; Expungement from regulatory record of Ajay K. Gupta; Other and further relief as deemed just and proper Evan A. Gould (P) Katherine Jane Morris (P); Seth Howard Schwartz (NP) Mixed
10-01816 04/14/2010 11/26/2012 In favor of Claimant Carolyn T. Gilson TD Ameritrade, Inc. Miami, Florida Jonathan Etra, Esq.; Christopher C. Cavallo, Esq. Neil S. Baritz, Esq.; Tammie Barrow, Esq. Violation of U.C.C Article 4A (Fla. Stat §§ 670.101, et seq.); Common law negligence; Violation of Federal Regulation J Unspecified $2,252,000.00 (compensatory); Unspecified amount of punitive damages $360,000.00 (compensatory); $7,055.00 (costs) Pre- and post-judgment interest; Any further relief deemed just and proper Daniel P. Lund (P) Jerrold Levine (P); Bernand L. Loring (NP) Mixed
10-02198 05/04/10 11/20/12 Claims dismissed and expunged Anita P. Hamburg; Anita P. Hamburg Recoverable Living Trust Wells Fargo Advisors, LLC Boca Raton, Florida Bradford M Gucciardo, Esq. Demian J. Betz Fraud; Breach of fiduciary duty; Negligence; Breach of contract Various bonds, including, Ford Motor Company and General Motors; Unspecified deferred variable annuity; Preferred shares of Barclays Bank; Various unspecified equity based mutual funds $400,000.00 (compensatory); Punitive/tremble N/A Pre- and post-judgment interest; Costs; Fees incurred by counsel/attorneys’ fees; Hearing session fees; Expert witness fees Bruce K. Isenberg (P) Howard Bernstein (P); Ralph H. Emer (NP) Mixed
10-04585 10/12/10 11/16/12 Claims dismissed and expunged Howard Snyder; Karen Snyder Crowell, Weedon & Co.; Debra March Reda-Cappos Los Angeles, California Leonard Steiner, Esq. Kasumi Takahashi, Esq. Breach of contract; Breach of fiduciary duty; Negligence; Common law and statutory fraud Dividend reinvestment program trading system Excess of $250,000.00 (lossess sustained in Dividend reinvestment plan trading system) N/A All commissions and fees earned by Respondents; Interest on those lossess and commissions’fees at the legal rate of 10% per annum from December 15, 2006 through date of payment ;Such other damages as Panel deems appropriate, including punitive damages; All costs associated with arbitration proceeding Arthur F. Brueggeman (P) Brent J. Rosenbaum (P); James M. Goldberg (NP) Mixed
10-05141 11/08/10 11/14/12 Claims dismissed Eugene D. Regnier; Leona J. Regnier Fidelity Brokerage Services LLC Boston, Massachusetts Moshe Y. Singer, Esq. Joshua D. Jones, Esq. Fraud; Negligent misrepresentations; Violations of Section 10(b) and 10b-5 of the Securities Exchange Act of 1934; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Respondeat superior Unspecified mutual funds no less than $50,000.00 (compensatory) N/A Costs, including filing and hearing fees, expert witness fees, and costs of transcripts and analysis Susan E. Maloney (P) N/A Public
11-01075 03/16/11 11/14/12 In favor of Claimant Douglas Bockmiller Vincent Bruno; Dean Kajouras; John Lowry; William Johnson San Fransisco, California Francis M. Curran, Esq. Richard Sacks Failure to pay an unsecured debit balance in Claimant’s account Alcoa Aluminum (AA) and Goodyear Tire and Rubber $61,775.22 (compensatory) $61,775.25 (compensatory) Interest; Costs; $26,626.88 (Attorneys’ fees); Such other relief as deemed appropriate by the Arbitrator Mitchell S. Ostwald (P) N/A Public
11-01519 01/25/11 11/19/12 Claims dismissed Timothy R. Hullett TD Ameritrade, Inc. Charlotte, North Carolina Mitchell Markowitz; Benjamin Lapin William M. Mann, Esq Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Breach of contractual requirements; Negligent supervision; Breach of conduct; Violations of Section 20 of the 1934 Securities Exchange Act; Respondeat superior; Failure to detect and stop Claimant’s unsuitable and reckless trading Numerous securities, including, but not limited to, the following: Wachovia Corp.; Duke energy Holdings; Spectra Energy Corp.; Harley Davison, Inc.; Lowes, Co., Inc.; USEC, Inc. $100,000.00 (compensatory) N/A N/A Leonard E. Benade (P) N/A Public
11-02488 06/17/11 11/14/12 Expungement John W. Boukamp, III Citigroup Global Markets, Inc.; Ted D. Wasson, Individually and as Trustee of the Ted D. Wasson Living Trust Southfield, Michigan Mark D. Rheaume, Esq.; Laura Andoni, Esq.; Marc E. Thomas, Esq. Michael P. Manley, Esq. for Citigroup; Pro se Failure to conduct a reasonable investigation to distinguish between what was alleged to be a product failure involving MAT funds, as opposed to sales practice violation involving Claimant N/A N/A N/A Award of expungement Thomas Anthony Van Tiem, Sr. (P) Richard Joseph Rankin (P); Stephen D. Arkwright (NP) Mixed
11-02554 06/23/11 11/07/12 Expungement Peter G. Babcock UBS Financial Services, Inc. Atlanta, Georgia William B. Young, Jr, Esq. Randi Perry Spallina, Esq. Misrepresentation and omissions; Violations of the Georgia Securities Act of 1973; Breach of fiduciary duty; Violation of NASD/FINRA conduct rules; Negligence; Breach of contract; Fradulent misrepresentation; Vicarious liability Lehman Brothers 100% Principal Protected Notes Linked to an Asian Currency Basket; Lehman Brothers Return Optimization Securities with Partial Protection Linked to MSCI Emerging Market Index Not less than $100,000 (compensatory); Punitive damages N/A Disgorgement of all commissions; Frees and other charges; Interest; Attorneys’ fees; Costs and expenses pursuant to Georgia Law; Such further relef as the Arbitrator deemed just and proper Sabrina Raquel Scott (P) N/A Public
11-02758 07/15/11 11/02/12 Claims dismissed Joseph F. Vollmer; Robert W. Vollmer, POA for J. Vollmer James Luke Copley; Thomas Edward Tiner, Jr.; Wells Fargo Advisors, LLC; Mark Alexander Vaughan Charlotte, North Carolina Robert W. Vollmer Sara Soto, Esq.; Jonathan C. Schwartz, Esq.; Scott A. Eichhorn, Esq. Unsuitablility; Misrepresentation; Failure to supervise; Violations of FINRA Breakpoint, Know Your Client, and Fair Dealing with Customers Rules; Breach of fiduciary duties; Material omissions; Failure to disclose risks Unspecified municipal bond funds $49,000.00 (compensatory); Punitive damages N/A Attorneys’ fees; Statutory interest; Costs Theresa Joan Rosenberg (P) N/A Public
11-03230 08/14/11 11/21/12 In favor of claimaint John Flynn; Cynthia Flynn Ameriprise Financial Services, Inc.; Dominic J. Sacca Southfield, Michigan Anthony V. Trogan, Esq. Edward A. Walton; Susan A. Sheely, Esq. Failure to supervise; Violations of the Michigan Uniform Securities Act Johnson Controls Common Stock $98,000.00 (actual/compensatory); Unspecified amount of exemplary/punitive damages $70,154.00 with interest at 6% annum from and including June 19, 2008 (compensatory); $2,000 (costs); $225.00 (Reimbursement for non-refundable portion of FINRA filing fee); $35,000.00 (Attorneys’ fees) Interest; Attorneys’ fees’ Other costs; Other monetary relief Roman S. Gribbs, J.D. (P) N/A Public
11-03259 08/22/11 11/19/12 In favor of claimant (expungement) Robert L. Slovinsky Wells Fargo Advisors, LLC New York, New York Joseph A. Vallo, Esq. Brent J. Burtin, Esq. Improper filing of the arbitration claim in FINRA DR N/A N/A N/A Request for expungement Robert J. Kheel (P) N/A Public
11-03363 08/31/11 11/13/12 Claim settled David W. Hockersmith Stephen H. Ledyard; Morgan Stanley Smith Barney Phoenix, Arizona Pro se Braden O. Wilheim, Esq. Misrepresentations Hartford Qualified Annuity Account $47,310.86 (unspecified) N/A N/A William M. Howard (P) N/A Public
11-03517 09/09/11 11/05/12 Claims dismissed Peter L. Ohrenberger Wells Fargo Advisors, LLC; Michael Adam Ewanouski Boston, Massachusetts John B. Glynn, Esq. Yoonsun Chung, Esq. Negligence, Breach of fiduciary duty; Failure to disclose material facts; Misrepresentation Unspecified securities $28,142.41 plus interest at the rate of 12% per annum (compensatory); Unspecifed amount of punitive damages N/A Attorneys’ fees; Costs Arthur J. Giocomarra (P) N/A Public
11-03727 09/23/11 11/01/12 Claims dismissed Suzanne Kreis Morgan Stanley Smith Barney f/k/a Morgan Stanley & Co., Inc. Tampa, Florida Steele T. Williams, Esq. Brian C. Hale Negligence; Breach of fiduciary duty; Fraud; Negligent misrepresentation; Negligent supervision; Violations of Chapter 517 Florida Statutes Fannie Mae preferred stock Range of $50,000.00 – $99,000.00 (compensatory and punitive) N/A Reasonable attorneys’ fees; Costs; other appropriate relief Kenneth R. Starr (P) N/A Public
11-04397 11/23/11 11/20/12 Claims dismissed Heidi S. Vescio Living Trust Scott Timothy Cavey Omaha, Nebraska Gail E. Boliver, Esq. J. Scott Paul, Esq. Breach of fiduciary duty; Breach of contract; Negligence; Negligent misrepresentation; Violation of the Securities Act of 1933; Violation of the Texas Securities Act Section 33(A)(2); Violation of the Texas Securities Act Section 33(F)(1) Reg D offerings of preferred stock issued by series of oil and gas asset holding companies managed by Provident Royalties, LLC $50,000.00 (actual/compensatory); Unspecified amount of punitive damages N/A Interest; Attorneys’ fees; Other costs; Other monetary relief George A. Abbott (P) N/A Public
11-04410 11/25/11 11/20/12 Claims dismissed Chris Stovic John F. Akers; Christopher Michael O’Meara; Roger S. Berlind; Thomas Henry Cruikshank; Marsha Johnson Evans; Richard Severin Fuld, Jr.; Chrisopher Gent; Roland A. Hernandez; Henry Kaufman; John D. Macomber; Michael L. Anslie N/A Pro Se Todd S. Fishman, Esq.; Joshua Klein, Esq.; Kathleen N. Massey, Esq. Breach of contract; Misrepresentations; Omission of facts Lehman Principal Protection Notes $10,000.00 (compensatory) N/A $2,160.00 (interest); $475.00 (costs): Recission; Injunction relief; Other unspecified Kathleen K. Murphy (P) N/A Public
11-04458 11/29/11 11/07/12 In favor of Claimants Gerald F. Hummel and Ila M. Hummel, individually as Trustees of the Hummel Family Trust dates 8/8/01 National Securities Corp.; Dave McCoy N/A Steven D. Spivey, Esq. N/A Violations of Florida Securities and Investor Protection Act, the Securities Act of 1934, the Securities Exchange Act of 1933, FINRA Rules, and states and federal laws; Fraud; Misrepresentation; Unsuitability; Negligent supervision Provident Asset Management LLC, Shale Royalties $75,000.00 (rescissionary); Unspecified amount of punitive damages $75,000 plus interest at Florida legal rate form January 15, 2009 until date of repayment for violation of Florida Statutes Section 517.301; Attorneys fees, the amount which shall be determined by a court of competent jurisdiction Interest; Attorneys’ fees; Costs; Other unspecified Edmund Hecht (P) N/A Public
11-04512 12/02/11 11/30/12 Claims dismissed Bonnie Halleran; Kirt Willard James Houston Williams; James Aladino Parenti San Francisco, California Pro se Marc V. Allaria, Esq. Negligence; Misrepresentation; Suitability Genworth annuity; Build America bonds; Lincoln American Legal III annuities $42,293.76 (compensatory); $28,326.82 (punitive) N/A Reimbursement of surrender charges related to the annuities; Reimbursement of commissions earned by Respondent Parenti on the sale of the aforementioned annuities; 975.00 (filing fee) Laurel Littman Gothelf (P) N/A Public
11-04637 12/13/11 11/15/12 In favor of Claimant Edwin Utter Mark Carmen Casolo Syracuse, New York William A. Jacobsen, Esq. N/A Breach of fair dealing; Theft; Unauthorized transactions; Forgery; Fraud; Unsuitable investments Unspecified securities $23,000.00 (compensatory) $23,000.00 (compensatory); $12,600.00 (interest); $5,500.00 (attorneys’ fees); $125.00 (reimbursement for the non-refundable portion of the filing fee previously paid to FINRA dispute resolution) Interest; Attorneys’ fees; Costs; Such other further relief as the Arbitrator deems just and proper Kathleen Hoey Gorr (P) N/A Public
11-04747 12/19/11 11/08/12 Claims dismissed John and Karen Stern, Individually, and as Trustees of the Stern Family Trust DTD Morgan Keegan & Company, Inc.; Morgan Asset Management, Inc. N/A Daniel Carlson, Esq. Shea O’Brien Hicks ,Esq. Negligence; Breach of contract; Breach of fiduciary duty; Suitability; Violation of NASD/FINRA Conduct Rule 2210; Violation of Section 12(a)(2) of the Securities Act of 1933; Violation of Section 509(b) of the Uniform Securities Act; Violation of Section 25401 of the California Corporations Code; Violation of the California Business and Professions Code 17500 RMK Funds $25,000.00 (compensatory) Respondent Morgan Keegan is liable for and shall pay to Claimants $212.50 to reimburse Claimants one half of the filing fee previously deposited $36,128.53 (interest); $26,205.00 (attorneys’ fees); $425.00 (costs); Other unspecified Jeffrey L. Malek (P) N/A Public
11-04764 12/16/11 11/20/12 Claims dismissed Kamyar Farahan TD Ameritrade, Inc. Minneapolis, Minnesota Pro se James J. Vihstadt, Esq. Breach of fiduciary duty; Misrepresentation; Negligence SLW Oct. $34 Put Options $7,190.00 (actual/compensatory) N/A $2,000.00 (attorneys’ fees); Other unspecified costs Andrew R. Dick (P) N/A Public
11-04821 01/17/12 11/21/12 In favor of Claimants James Leiphardt; Peggy Leiphardt Merrill Lynch, Pierce, Fenner & Smith Incorporated Los Angeles, California Eric A. Woosley, Esq. Kamao C. Shaw, Esq. Breach of fiduciary duty; Professional negligence N/A In excess of $85,000.00 (compensatory); General damages according to proof; Punitive damages; Exemplary damages $50,000.00 (compensatory) Costs; Such other and further relief as the Arbitrator deems just and proper Nancy G. Harris (P) N/A Public
12-00052 01/06/12 11/19/12 In favor of Claimant Isabel Robinson Investment Management Corporation; Brian Young Horne; Shelley Ann Stevens Salt Lake City, Utah Jeffrey M. Salas, Esq Kevin Kunz, CCO; Pro Se Unsuitability; Breach of fiduciary duty; Negligence and gross negligence; Breach of contract; Failure to supervise (negligent supervision); Violation of Section 61 of the Utah Uniform Securities Act; Respondeat superior; Failure to treat Claimant in a just and equitable manner; Fraudulent misrepresentation and omission Desert Capital REIT, Inc. Damages not less than $29,000 based on fairness and equity; Any other compensatory damages that Claimant may suffer as a result of Respondent’s conduct; Punitive damages $22,565.21 (compensatory); $22,000.00 (punitive); $14,840.00 (attorneys’ fees); $2,017.00 (costs); Interest of any unpaid balances remaining as of December 1, 2012 from the aforementioned amounts awarded in compensatory and punitive damages at the rate of 10% compounded annually pursuant to Utah state law (Utah Code Ann. 15-1-1) Interest; Attorneys fees and costs pursuant to Utah securities law; Such other and additional relief as the Arbitrator may deem just and proper George J. Karisven, Jr. (P) N/A Public
12-00302 01/30/12 11/19/12 Claims dismissed Earl King, Jr. Morgan Keegan & Company, Inc. Memphis, Tennessee William J. Gladden, Esq. Thomas Barnett Misrepresentations and omissions; Breach of fiduciary duty; Unsuitable investments; Negligence; Failure of supervision; Breach of contract; Vicarious liability; Violation of Tennessee law RMK Strategic Income Fund; RMK High Income Fund $100,000.00 (compensatory) N/A Interest; Costs; Attorneys fees Jeffry M. Bauer (P) N/A Public
12-00384 01/27/12 11/20/12 Claims dismissed and expunged Justin Paperny Damond David Johnson; Christine Marie Kreps; Merrill Lynch, Pierce, Fenner & Smith Incorporated Los Angeles, California Brian D. Boydston, Esq. Eric A. Herzog, Esq.; David Maurer, Esq.; Brandon S. Reif, Esq. Claimant alleged that in May 2008, througgh Respondent Kreps, Respondent Merrill Lynch froze Claimant’s account and failed to notify Claimant either with intent, indifference or by mistake; Claimant also alleged that in May 2008 he told Respondent Johnson to sell the stock in his account, but such a sale was never executed N/A No less than $100,000.00 N/A N/A Anita Rae Shapiro (P) N/A Public
12-00461 02/07/12 11/06/12 Claims dismissed James E. Wilks; Pamela R. Wilks Charles Schwab & Co., Inc. N/A Thoma F. Shine, Esq. Garrett R. Wynne, Esq. Breach of fiduciary duty; Breach of contract; Fraud in the inducement; Common law fraud pursuant to Virginia and California law; Violation of federal securities laws, FINRA rules and the Uniform Prudent Investors Act Schway YieldPlus Fund $25,000.00 (compensatory); Unspecified amount of punitive damages N/A Prejudgment interest at the California statutory interest rate of 7% ($6,268.19) or the Virginia statutory rate of 6% ($5,372.73); $425 (Reimbursement of FINRA filing fee); Reimbursement of all FINRA hearing session fees; $831.56 (Copy and research costs); $640.00 (Expert witness fees); $14,300.00 (Attorneys’ fees); Any othe relief as the Arbitrator may find appropriate under the circumstances Patrick Sean Dolan (P) N/A Public
12-00695 02/24/12 11/01/12 Expungement of all references to a complaint and/or settlement with Respondents and any related claims maintained by the CRD Brian R. Gaister Glen and Wendy Tand Baltimore, Maryland Marc S. Dobin, Esq. Mark T. Willen, Esq. References to a complaint filed by Respondents erroneously appear on Claimant’s Central Registation Depository (CRD) record Unspecified auction rate securities $1.00 A recommendation of expungement pursuant to Rule 2080 of all references to a complaint and/or settlement with Respondents (FINRA occurrence #1449449) and any related claims Patrick Sean Dolan (P) N/A Public
12-00973 03/15/12 11/28/12 In favor of Claimant Robert J. Zepfel Charles Schwab & Co., Inc. Los Angeles, California Pro se Greg Scanlon, Esq. Breach of fiduciary duty Unrestricted stock certificates of Bergamo Acquisition Corp. $91,332.00 (compensatory) $5600.00 (compensatory) Costs and other expenses relating to the prior mediation and this arbitration proceeding; Interest, both pre-judgment and post-judgment, at the legal rate Elizabeth A. Copley (P) N/A Public
12-01227 03/29/12 11/21/12 In favor of Claimant Timothy L. Clemm E*Trade Securities, LLC N/A Pro se John Bersin, Esq. Misrepresentation of ARS liquidity Auction rate securities 21750.35 (compensatory) $7,320.00 (compensatory) N/A Daniel E. Gulden (P) N/A Public
12-01392 04/09/12 11/30/12 Claims denied David chow Wells fargo advisors, LLC New York, New York Pro se Deirdre Wolff, Esq. Breach of fiduciary duty; Omissions of fact Unspecifed common stocks and mutual funds $45,000.00 (general damages) $700.00 (other monetary relief); Costs Martin A. Edelstein (P) N/A Public
12-01536 04/26/12 11/16/12 Claims denied Robert S. Baum Ian Green; IDayTrade Inc. d/b/a BrokerageSelect N/A Howard Meyers, Esq. Ian Green, IDayTrade Inc. d/b/a BrokerageSelect Negligence; Breach of contract; Breach of FINRA Rules 2010, 2090, and 2111, NYSE Rule 405, and NASD Rule 2310; Breach of fiduciary duty; Suitability; Respondeat superior Various unspecified stocks $25,000.00 (compensatory); Unspecified punitive damages N/A Interest at 9% per annum pre and post judgment; Unspecified costs; Other unspecified Sameul H. Chorches (P) N/A Public
12-01575 04/21/12 11/16/12 Claims denied Cheng Teo; Judy Teo E*Trade Securities LLC N/A Pro se John Bersin, Esq. Consequential damages due to illiquid investment Action rate securities $15,000.00 (compensatory) N/A N/A J. Martin McDonough, Jr. N/A Public
12-01717 05/09/12 11/19/12 Claims denied Karen L. Milia, IRA; Mark S. Milia, IRA Ameriprise Financial Services, Inc.; Christian Taylor Hammer-Huber N/A Pro se Susan E. Sheely, Esq. Failure to transfer; Breach of contract; Breach of fiduciary duty; Negligence Various unspecified mutual funds $1,909.36 (compensatory) N/A $50.00 (costs) Ellen Holland Keller (P) N/A Public
12-01722 05/04/12 11/30/12 In favor of Claimants George Heise; Janelle Heise Nancy Robyn Ziering N/A Adam J. Gana, Esq. Pro se Breach of settlement agreement Variable universal life insurance policies $6,000.00 (compensatory) $6,000.00 (compensatory); $9,380.00 (attorneys’ fees and costs); $325.00 (reimburse Claimant for filing fee previously paid to FINRA Dispute Resolution) Interest; Attorneys’ fees; Costs Richard D. DeVita (P) N/A Public
12-01836 05/17/12 11/30/12 Arbitrator recommends expungement Chase Investment Services Corp.; Mikhail Cherny; Santino Fontana; Sean Knowles Bernard Distefano New York, New York Jill Y. Coen, Esq. Mitchell Markowitz Request for expungement of Claimant’s CRD record N/A N/A N/A Request expungement of CRD records Michael H. DuBoff (P) N/A Public
12-01938 05/25/12 11/16/12 Claims denied Nataraj S. Buduguntae TD Ameritrade, Inc. N/A Pro Se James J. Vihstadt Breach of fiduciary duty; Misrepresentations; Omissions of facts; Negligence Purchase and sale of Facebook stock $5,002.40 (compensatory) N/A $325.00 (costs) Mark C. Perry (P) N/A Public
12-02230 06/12/12 11/19/12 In favor of Claimaints Richard Ornstein; Patricia Ornstein Seth Erik Grano N/A Pro se Dave Lenny, Esq. Breach of fiduciary duty; Misrepresentation; Omission of facts Jackson National Insurance Annuity $11,025.00 (compensatory) $11,025.00 (compensatory); $425.00 (reimburse Claimants for the filing fee previously paid to FINRA Dispute Resolution) $425.00 (costs Dee Newell (P) N/A Public
08-04856 12/18/2008 12/28/2012 In favor of Claimants J.N. Raines and Julie Raines; Claimant Fischer Lime & Cement Company, Inc.’s claims denied Fischer Lime & Cement Company, Inc.; J.N. Raines; Julie Raines Morgan Keegan & Company, Inc. Memphis, Tennessee Andrew P. Campbell, Esq.; Caroline Smith Gidiere, Esq. Peter S. Fruin, Esq.; Joshua D. Jones, Esq. Misrepresentations and omissions; Breach of fiduciary duty; Unsuitable investments; Violations of Section 11 and 12 of the Securities Act; Breach of the Securities Act of 1934; Breach of the Tennessee Securities Act; Fraud; Negligence; Failure of supervision; Breach of contract; Vicarious liability; Violation of FINRA rules RMK Advantage Income Fund; RMK Select High Income Fund; RMK Multi-Sector High Income Fund $958,340.80 (compensatory) $61,726.00 (compensatory) Interests; Costs; Such other and further relief as the undersigned arbitrators deemed just and proper E. William Pastor (P) David M. Levine (P); Alexandra M. Linden (NP) Mixed
09-00011 12/30/2008 12/4/2012 Expungement of all references to above-captioned arbitrationfrom non-party Denny E. Cohen’s registration records maintained by the CRD Steven Dworkin Citigroup Global Markets, Inc. Boca Raton, Florida Pro se A. Patricia Morales Christiansen, Esq. Failure to treat Claimant in a just and equitable manner; Common law fraud; Fraudulent misrepresentation; Negligence; Gross negligence; Breach of fiduciary duty; Failure to supervise; Breach of contract Unspecified options Damages based on fairness and equity; $1,000,000.00 (compensatory); Punitive damages N/A Pre-judgment interest at statutory rate; Disgorgement of excessive commissions; Such other relief as the undersigned arbitrators deemed appropriate Myron S. Dunay (P) Charles Hoffman (P); Jeffrey Lawrence Sarkin (NP) Mixed
09-04678 08/05/2009 12/31/2012 Claims denied Katelyn Smith UTMA, Custodian Account; Marsha Orsatelli Smith; S3 Properties LP; SFG LLC; SSI Land Cattle Co.; Ty Smith UTMA, Custodian Account Wachovia Securities, LLC Seattle, Washington David Gaba, Esq.; John Bender, Esq. Robert Bocko, Esq.; Molly J. Henry, Esq. Violation of Securities Regulatory Requirements; Breach of fiduciary duty; Violation of the Oregon State Securities Act; Negligence; Respondeat superior Fannie Mae/Freddie Mac preferred stock Actual and rescission damages; Exemplary damages N/A Pre-award and post-award interest at 9% or other rate set by the Panel; Attorneys’ fees, expenses and other costs to Claimants as provided by contract, statutes, FINRA rules, equity, or any other ground recognized by the Panel; Monetary amount necessary to compensate Claimants for the additional income taxes they owe on any award; All hearing and filings fees; Such other relief as the Panel deems just and proper Laurie E. Law (P) Charles Scott McClellan (P); Bonny Kathleen Riggs (NP) Mixed
10-01802 04/12/10 12/10/12 Claims settled and dismissed Edward Reardon; Colleen Reardon; Edward Reardon as Trustee of the Edward Reardon Trust UBS Financial Services, Inc. Chicago, Illinois Steven D. Toskes, Esq.; Jahan K. Manasseh, Esq. Jeffrey L. Friendman, Esq; David l. Hantman, Esq. Breach of written contract; Breach of fiduciary duty; Failure to supervise; Negligence and gross negligence; Fraud and constructive fraud; Violation of NYSE, NASD, and/or FINRA Rules; Violation of the state and federal securities laws CME stock; 1861 hedge fund; Options; Commodities $6,000,000.00 (actual/compensatory); Exemplary damages; Punitive damages N/A Interest; Attorneys’ fees; Other costs; Other monetary relief Marilee Roberg (P) Mark L. Miller (P); Ronald A. Sirt (NP) Mixed
10-03322 07/22/2010 12/05/2012 Claims dismissed Leonard Zisman, individually and as Personal Representative of the Estate of Sylvia Zisman and as beneficiary of the Sylvia Zisman Revocable Living Trust dtd 09/13/02 and the Sylvia Zisman Recovable Living Trust No. 2 dtd 10/29/02; Susan Eichler, attorney in fact for Leonard Zisman LPL Financial Corporation; Global Planning, Inc.; Kathy Ann Busch Orlando, Florida Robert H. Rex, Esq. Kathy M. Klock, Esq. Violation of the Florida Securities and Investor Protection Act; Violation of the Florida Common Law of Negligence Misrepresentation; Breach of fiduciary duty; Negligent failure to supervise; Negligence Unspecified securities $1,500,000.00 (compensatory) N/A Interest; Costs; Disbursements, including expert witness fees; Forum and filing fees Gayle B. Carlson (P) Joseph John Mantione (P); Robert H. Nelson (NP) Mixed
10-04500 10/04/10 12/17/12 In favor of Claimants Lawrence B. Dale; LBD Holdings 2009, LP f/k/a LB Dale Family Limited Partnership Morgan Keegan & Company, Inc.; Morgan Asset Management, Inc. Dallas, Texas Walker Friedman, Esq.; Christian D. Tucker, Esq. Stephen C. Carlin, Esq. Breach of fiduciary duty; Breach of contract; Misrepresentation; Suitability; Unjust enrichment; Failure to supervise; Negligence; Statutory and common law fraud; Negligent misrepresentation; Violation of Texas Securities Act; Violations of Securities Regulatory Rules RMK Select Intermediate bond Fund-A Unspecified amount of actual/compensatory damages; Unspecified amount of exemplary/punitive damages $841,811.00 (compensatory damages to Claimant Lawrence B. Dale); $9,000.00 (compensatory damages to Claimant LBD Holdings 2007); $85,229.00 (interest); $400,000.00 (attorneys’ fees); $44,000.00 (costs, amount stipulated by parties at hearing); $600.00 (reimbursement for non-refundale portion of the filing fee) Interest; Attorneys fees; Other costs; Other monetary relief Frances Johnson Wright, J.D. (P) Karen Colleen Washington (P); Timothy Paul Davis (NP) Mixed
10-04724 10/15/10 12/13/12 Settlement Michael Levy; Paula Levy SunTrust Investment Services, Inc. Baltimore, Maryland Steven D. Toskes, Esq. Jeffrey W. Willis, Esq. Breach of fiduciary duty and contractual duties; Common law fraud; Negligence and gross negligence; Violation of Federal Securities Laws RMK Multi-Sector Fund $350,000.00 (compensatory damages); Punitive damages N/A Attorneys’ fees; Pre-judgment interest; Costs Patrick Sean Dolan (P) Gerald B. Marcovsky (P); Timothy J. Moore, Sr. (NP) Mixed
11-02771 07/11/11 12/05/12 Claims dismissed Matthew Ryan AXA Advisors, LLC; Edward Francis Zaik Albany, New York Hector D. Geribon Jessica Levine, Esq. Breach of fiduciary duty; Manipulations; Misrepresentations; Non-disclosures; Suitability; Breach of contract; Collections; Errors/charges; Failure to supervise; negligence Unspecified variable life insurance policy $500,000.00 (compensatory) N/A N/A Robert Pincus (P) Clifford Chance Rohde (P); Timothy A. Meigher (NP) Mixed
11-02825 07/18/11 12/24/12 Claims dismissed Manfred Muell Wayne Hummer Investments, LLC Chicago, Illinois John Burke, Esq.; Andrew Stoltmann, Esq; David Neuman, Esq. Michael J. Waters, Esq. Violation of the Illinois Securities law of 1953; Violation of Regulation 130.850 under the Illinois Securities law of 1953; Violation of the Illinois Consumer Fraud and Deceptive Practies Act; Violation of NASD conduct rules 2110, 2120, 2310 and 3010; Breach of fiduciary duty; Negligence and negligent supervision; Common law fraud and misrepresentation; Respondeat superior Lehman Brothers Bond $60,000.00 (compensatory); Unspecified amount of exemplary/punitive damages N/A Interest; Attorneys’ fees; Other costs; Other monetary relief Donald W. McKenzie (P) N/A Public
11-02971 07/25/11 12/11/12 Claims dismissed David Baratko Banc of America Investment Services, Inc.; Merrill Lynch, Pierce, Fenner & Smith Incorporated Neward, New Jersey Joseph Fogel, Esq. Meredith Sharoky, Esq. Negligence; Misrepresentation; Omission of material facts; Failure to supervise; Breach of contract; Unsuitability RiverSource Variable Annuity $990,000.00 (compensatory) N/A Costs; Attorneys’ fees; Disgorgement of all profits, fees and charges; Rescission; Restoration of the account to its initial status S. Charles Tabek (P) William E. Smith (P); Timothy J. Brown (P) Public
11-03792 09/28/11 12/18/12 In favor of Claimant Patricia Tanner Albert Clark Alvey; Brian Young Horne; Investment Management Corporation; Kevin Dee Kunz; Paulson Investment Company, Inc. Salt Lake City, Utah Timothy Tanner, Esq. Kevin Kunz; Jacob S. Gill, Esq.; Pro Se Failure to supervise; Negligence; Breach of fiduciary duty; Misrepresentations; Omissions of facts; Suitability Desert Capital real estate investment trust $73,833.12 (unspecified damages) $57,960.00 (compensatory); Legal rate of interest in Utah at 12% per annum; Fees and costs, including the filing fee, hearing session fees, and Claimant’s reasonable legal costs; $55,000.00 (attorneys’ fees); Unspecified punitive damages Richard Djokic (P) N/A Public
11-04023 10/18/11 12/21/12 Claims dismissed Peter W. Zervos Merrill Lynch, Pierce, Fenner & Smith, Inc. Columbia, South Carolina Randall C. Place, Esq. Andrea morgan Greene, Esq. Breach of fiduciary duty; Violation of industry rules, including but not limited to FINRA’s customer suitability standard (Rule 2310) and FINRA Rule 2110; Breach of contract; Fraud; Unsuitability; Negligence; Negligent hiring, retention and supervision Bank of America Stock $78,210.00 (compensatory); Punitive damages N/A Interest at the legal rate from the date of purchase or reasonable market return; Rescission; Reasonable attorneys’ fees; Costs of this proceeding; Such other relief deemed just and proper Bruce W. Bennett (P) N/A Public
11-04059 10/22/11 12/07/12 In favor of Claimants Gary Campanaro; Lorraine Campanaro Citigroup Global Markets, Inc. Los Angeles, California Jan Graham, Esq. Adam Kauff, Esq. Breach of fiduciary duty; Breach of contract; Negligence; Negligent supervision Freddie Mac 8.375% Fixed to Floating Non-Cumulative Preferred Stock; Fannie Mae Fixed to Floating 8.25% Series S Non-Cumulative Preferred Stock Atleast $95,000.00 (damages) $29,798.09 (compensatory) Pre-judgment and post-interest interest; Attorneys’ fees; Costs; Filing and forum fees Steven Fourley (P) N/A Public
11-04256 11/10/11 12/21/12 In favor of Claimant Joseph Pappy TD Ameritrade Tampa, Florida Jeffrey P. Coleman, Esq. Hollie M. Mason, Esq. Negligent supervision; Violation of industry standards; Negligence; Breach of fiduciary duty; Breach of contract; Violations of Chapter 517, Florida Statutes; Common law fraud; Fraudulent inducement Unspecified stocks $100,000.00 (compensatory) $45,000.00 (compensatory); $2,366.00 (costs) Interest; Disgorgement of commissions; Costs, expenses and disbursements; Reimbursement of the FINRA filing fee and all forum fees advanced by Claimant Scott David Anton (P) N/A Public
11-04276 11/08/11 12/07/12 In favor of Respondent Robert C. Bridgeman TD Ameritrade, Inc. Charlotte, North Carolina Pro se William M. Mann, Esq. Unsuitability; Account related-margin calls; Negligence Various unspecified securities $95,000.00 (compensatory); $975.00 (costs) Claimant liable to pay Respondent compensatory damages in the amount of $29,645.00 N/A Leonard E. Benade (P) N/A Public
11-04642 12/04/11 12/18/12 Claims denied William Edwin Armstrong, Jr. David Granville Brouwer; Great American Advisors, Inc. Miami, Florida Pro se Pro se Misrepresentation American Skandia Annuity $17,000.00 (compensatory) N/A N/A Daniel P. Lund (P) N/A Public
11-04662 12/15/11 12/19/12 In favor of Claimant Baolin Gao White Pacific Securities, Inc.; Simon Siao Roun Lin San Francisco, California Danning Jiang, Esq. Robert Angle Breach of fiduciary duty; Manipulations; Misrepresentations/non-disclosures; Omission of facts Municipal bond funds; Unspecified common stock $30,000.00 (actual damages); $60,000.00 (punitive damages) $17,000.00 (compensatory); $690.21 (costs) $975.00 (reimbursement of filing fee); $3,000.00 (attorneys’ fees); $18,000.00 (interest); Costs William Michael Samsel (P) N/A Public
11-04729 12/16/11 12/10/12 Claims denied David Holtzman; Susan Holtsman Merrill Lynch, Pierce, Fenner & Smith, Inc. Newark, New Jersey Mitchell Markowitz Joel M. Everest, Esq. Excessive and unsuitable trading in equities; False and misleading statements; Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Violation of FINRA rules; Respondeat superior Unspecified securities No less than $100,000.00 (compensatory) N/A Costs Edith M. Novack (P) N/A Public
12-00421 02/03/12 12/18/12 Expungement Joseph Francis Fessler; Baerbel O’Haire James Brian Gray; Kaye M. Gray Boca Raton, Florida Robert C. harris, Esq. Pro se False reporting of allegations of wrongdoing on their respective Central Registration Depository records N/A N/A N/A Expungement of Case No. 03-08789 Frances D. Sheehy (P) Sherry Puro (P); Kathy N. Novick (NP) Mixed
12-00515 02/10/12 12/27/12 In favor of Claimant Joel Steinman SunAmerica Securities, Inc.; Wells Fargo Advisors, LLC; SunAmerica Annuity and Life Insurance Company Newark, New Jersey Pro se Michael Naccarato, Esq. Unsuitable investment; Misrepresentation SunAmerica Annuity $70,800.00 (compensatory) $15,786.44 (compensatory); Interest at the rate of 6% Interest; $975.00 (costs) Robert E. Anderson (P) N/A Public
12-00604 02/17/12 12/21/12 Claims dismissed Louise Leon Dale William Grubb; Morgan Stanley & Co., LLC San Francisco, California Thomas C. Bradley, esq. Debra Achkire, Esq. Breach of written and oral contracts; Misrepresentation and omission of material fact; Breach of fiduciary duty; Breach of contract to supervise its broker Met Life annuities $77,213.00 (return of Claimant’s lost capital); $5,000.00 annually for rest of Claimant’s life (compensation for lost income); $5,000.00 annually for the rest of Claimant’s lives (compensation for lost Social Security benefits for herself and husband) N/A Pre-judgment and post-judgment interest at the highest legal rate; Costs, including attorneys’ and consulting fees Robin Lynn Berry (P) N/A Public
12-01135 03/26/12 12/10/12 In favor of Claimant Cathy J. Turner Edward D. Jones & Co., LP Charlotte, North Carolina Johanna S. Fowler, Esq. Javier Chavez, Jr., Esq. Failure to supervise; Unsuitability; Misrepresentation; Omission of facts; Common law fraud; Breach of fiduciary duty; Negligence; Respondeat superior Growth Fund of America; Capital World Growth & Income Fund; Bond Fund of America; Capital World Bond Fund; Cash Management Trust of America $22,075.00 (compensatory); Rescissionary damages $13,228.00 (compensatory damages); Interest at the rate of 8% per annum Pre-judgment interest; Attorneys’ fees; Litigation expenses John Russell Barlow, II (P) N/A Public
12-01144 03/23/12 12/17/12 Claims denied Joseph Feld Morgan Stanley Smith Barney N/A D. Daxton White, Esq. Brian C. Hale, Esq. Common law fraud; Breach of fiduciary duty; Negligent failure to supervise; Negligence Reverse convertible notes $25,000.00 (compensatory) N/A Interest; Costs; Other unspecified Marc T. Danon (P) N/A Public
12-01319 04/03/12 12/18/12 Claims denied Arvind Kochar E*Trade Securities LLC Los Angeles, California Mahendr Kochar, M.D. Meredith F. Hoffman, Esq. N/A PIMCO Floating Rate Strategy Auction MKT PFD SHS SER W $75,000.00 (consequential); $147,800.00 (lost profit damages) N/A N/A Peter D. Steinbroner (P) N/A Public
12-01400 04/13/12 12/28/12 Claims denied Steven A. Jay Merrill Lynch, Pierce, Fenner & Smith, Inc. N/A Pro Se Jennifer R. Willey, Esq. Breach of fiduciary duty; Misrepresentationl Omission of fact; Unsuitability PYT security $13,360.00 (compensatory) N/A N/A A. Joel Klein (P) N/A Public
12-01432 04/15/12 12/14/12 Claims denied Mark Ramian LPL Financial LLC N/A Andrew Keligian Autumn Crowell, Esq. Unsuitability; Breach of fiduciary duty; Misrepresentation; Fraud; Respondeat superior; Negligence; Failure to supervise; Breach of contract Hartford Leaders Outlook variable annuity $25,000.00 (compensatory) N/A Attorneys’ fees; Costs; Other unspecified Carol Ann Jensen (P) N/A Public
12-02206 06/12/12 12/14/12 Expungement of references to arbitration case from Robert Lynch’s registration records Morgan Stanley Smith Barney LLC; Robert Francis Lynch Edward P Swyer Albany, New York Victor A. Machcinski, Jr., Esq. Luke Nikas, Esq. Expungement of a prior FINRA arbitration (case number 10-04149) from Robert Lynch’s CRD record BAC stock N/A N/A Expungement of prior FINRA arbitration Jennifer L. Bliss (P) Jacqueline W. Marshall (NP) Mixed
12-02207 06/14/12 12/14/12 In favor of Claimant Jon E. Voigtman Fidelity Brokerage Services LLC N/A Pro se Colleen A. Hankins, Esq. Incorrect execution of stock purchase Facebook stock $177.00 (compensatory) $177.00 (compensatory); $50.00 (reimburse Claimant for filing fee previously paid to FINRA Dispute Resolution) N/A Joan M. Traub (P) N/A Public
12-02390 06/26/12 12/21/12 Claims denied A.J. Land, Jr.; Kathy A. Land Merrill Lynch, Pierce, Fenner & Smith, Inc.; Paul Mullen N/A Pro se Jill Del Monico, Esq. Overstatement of margin loan balance; Fictitious charges; Misrepresentations; RICO Act violations N/A $1,109.00 (compensatory); $23,891.00 (punitive) N/A N/A William J. Hirsch (P) N/A Public