FINRA – 2013

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
09-02510 4/27/2009 1/3/2013 Claims dimissed; Claims settled; In favor of Claimant Keith D. Miller, Individually and as Owner and Beneficiary of the Keith D. Miller IRA Mercer Capital Ltd.; Joseph DeGregorio; Ron Ison; Leonard Cleophas Demers (Estate of Leonard Cleophas Demers); Roy Cohen; Anthony Salino; Lynn Schultz Los Angeles, California Jonathan W. Evans, Esq. Anthony John Salino; pro se (Ron Ison); Pro se (Roy Cohen); Pro se (Anthony Salino); Pro se (Lynn Schultz); David Schrader, Esq.; Kelly W. Hoverstein, Esq. Fraud; Misrepresentations related to the purchase and/or sale of various securities including Federal National Mortgage Corporation (ticker symbol “FNM”) stock; Respondents executed or cause to be executed a margin agreement and other agreements which bore forged signatures purportedly belonging to Claimant; Negligence; Recommendation of unsuitable securities; Unauthorized trading; Breach of fiduciary duties; Churning of Claimant’s accounts; Violation of Federal and State securities laws; Failure to supervise employees; Violation of FINRA Rules in connection with the sale of various securities. Unspecified securities $119,610.00 $90,000.00; Costs; Reasonable attorneys’ fees (in event Claimant has to enforce this award); FINRA forum fees incurred by or assessed against Claimant Rescission of the transactions; Interest; Lost opportunity costs, Attorneys’ fees; Costs; Disgorgement of commissions; Unspecified punitive damages Kenneth E. Owen (P) Herbert Murez (P), Cheryl Marie Allain-Mee (P) Public
09-04138 7/7/2009 1/7/2013 Claims denied. Julia Wood Hussey; Julia Wood Hussey, IRA Morgan Keegan & Company, Inc. Memphis, Tennessee William J. Gladden, Esq. S. Lawrence Polk, Esq.; Avital Stadler, Esq. Misrepresentations and omissions; Breach of fiduciary duty; Uunsuitable investments; Negligence; Failure of supervision; Breach of contract; Vicarious liability; Violation of FINRA rules; Violation of Tennessee statutes. RMK Select High Income Fund Class A $91,000.00-183,000.00 (compensatory damages) n/a Interest (on compensatory damages); Attorneys’ fees; Costs Romaine L. Gardner (P) Carolyn A. Mann (P), Stephen Laughlin Eddy (NP) Mixed
09-04968 8/20/2009 1/8/2013 In favor of Claimant Jaclyn M. Cedeno, f/k/a Jaclyn M. Peters Ehrenkrantz King Bussbuam, Inc., a/k/a EKN Financial Services, Inc.; Obsidian Financial Group, LLC; Michael Anello Columbus, Ohio Peter R. Silverman, Esq. Bradley D. Schnur, Esq; James D. Sallah, Esq. and Joshua A. Katz., Esq. (after Substituition of Counsel for Schnur); Thomas Guigliano, EKN Financial Services, Inc. (after Withdrawl of Counsel by Sallah and Katz); Brian Reis, Esq.; Martin P. Unger, Esq. (after Withdrawl of Counsel by Reis) Misrepresentation; Fraud; Suitability; Unauthorized trading; Churning; Breach of fiduciary duty; Breach of contract; Negligence; Failure to supervise; Failure to comply with NASD Notice to Members 03-71 and NASD Notice to Members 05-59. Unspecified securities; Short-term debt-related investments; Reverse convertible notes $208,171.55 (compensatory damages, EKN and Anello); $97,820.91 (compensatory damages, Obsidian and Anello) $291,860.31 (compensatory damages); Punitive damages ($13,000.00); Attorneys’ fees ($106,500.00);Interest ($37,976.00); Costs ($16,086.55); Sanctions for failure to produce discovery ($4,000.00) Unspecified exemplary/punitive damages; Attorneys’ fees ($117,954.50); Interest (9% per annum) Jeffrey M. Bain (P) Karen Yvonne Preston (P), Stanley Kenneth Evans, (NP) Mixed
09-05596 9/25/2009 1/17/2013 Claims settled; In favor of Claimant Lloyd A. Gillespie Oppenheimer & Co., Inc.; Aegis Capital Corp.; Joseph Gunnar & Co., LLC Houston, Texas Bruce D. Oakes Esq.; Richard B. Fosher, Esq. Ellen Sheridan-Cona, Esq.; Andrew R. Harvin, Esq.; Michael H. Ference Esq.; Daniel Scott Furst, Esq.; John E. Lawlor, Esq. Breach of fidiciary duty; Violation ofTexas’ Securities Act; Negligence/negligent misrepresentation/omission; Common law fraud; Breach of contract; Negligent supervision. Unspecified securities $4,000,000.00 (compensatory damages) $848,248.20 (compensatory damages); Attorneys’ fees ($174,000.00); Pre- and post-judgment interest (5% per annum); Costs ($52,304.00) Exemplary/punitive damages (up to nine times the amount of compensatory damages awarded); Interest; Attorney’s fees; Costs Malcolm Edwin Whittaker (P) Donald. K Eckhardt (P), James M. Alexander (NP) Mixed
09-06568 11/16/2009 1/10/2013 Claims denied. Estate of John A. Turtzo; John Peter Turtzo Citigroup Global Markets, Inc.; Peter Thomas Joseph; Ray Joseph Starner Philadelphia, Pennsylvania Malcolm J. Gross, Esq.; Samuel E. Cohen, Esq. William A. Hohauser Esq. Breach of fiduciary duty; Unauthorized trading; suitability; failure to follow instructions; Negligence; Failure to supervise; Violations of NASD and NYSE Rules. PNC stock; Personal loan $1,145,173.80 (compensatory) n/a Punitive damages ($1,000,000.00);Interest (6% per annum); Attorneys’ fees; Costs Marshall S. Galinsky (P) Steven T. Stern (P), Richard Frank Colello (NP) Mixed
09-06769 12/1/2009 1/11/2013 Claims denied; In favor of Respondent ClearOne Communications, Inc. Morgan Stanley & Co., Incorporated Salt Lake City, Utah James E. Magleby, Esq. H. Nicholas Berberian, Esq. Violation of section 10(b) of the Exchange Act & SEC Rule 10(b)(5); Violation of section 20(a) of the Exchange Act; Common law fraud; Negligent misrepresentation; Breach of fiduciary duty; Negligence. Auction rate securities n/a $4,000.00 (sanctions) Consequential damages ($143,000,000.00); Due dilligence costs (over $100,000,000); Lost profits; Interest; Attorneys’ fees; Pre- and post-judgment interest; Costs Mary C. Davis (P) Donald Dreyfus (P), Brian Arnett Lebrecht (P) Public
09-07047 12/18/2009 1/29/2013 In favor of Claimants. Louis Pitch; Donna Pitch Oppenheimer & Co., Inc.; Mark C. Hotton New York, NY Timothy J. Dennin, Esq. William E. Mahoney, Jr., Esq.; Michael Finkelstein, Esq.; Timothy Feil, Esq. Breach of contract; Misrepresentation; Mmission of facts; Churning; Breach of fiduciary duty; Failure to supervise; Violation of the anti-fraud provisions of the 1934 Act; SEC Rule 10b-5; Respondeat superior; Churning; Unauthorized trading Investments in Trinity Management Consulting Corp. $5,383,000.00 (compensatory) $2,350,000.00 (compensatory); Interest on compensatory damages (1% per annum); Punitive damages ($100,000.00) Punitive damages; Interest; attorneys’ fees; costs Alida D. Camp (P) Jerome M. Shafer (P); Scott W. Mulford (NP) Mixed
09-07114 12/21/2009 1/8/2013 Claims denied. James P. McGarry; Amethyst Music and Entertainment, Inc. Citigroup Global Markets, Inc.; Jack Hochstrasser New York, NY Philip M. Aidikoff, Esq. William A. Hohauser, Esq. Misrepresentations and omissions; Negligence; Unsuitability; Breach of contractual and fiduciary obligations; Failure to follow instructions; Failure to supervise; Violations of the Conduct Rules of FINRA. Unspecified stocks and bonds $2,500,000.00 (compensatory damages) n/a Disgorgement; Accrued interest; Attorneys’ fees; Costs Diane Getzler (P) Nancy Kramer (P); Donald Raymond McNally (NP) Mixed
10-01501 3/29/2010 1/29/2013 Claims denied. Philip Ashburn; Connie Johnson; Adela Pena; Lauro Pena; William Percy; Karrell Wood Sagepoint Financial, Inc.; Sharon A. Kearney; AIG Advisor Group, Inc.; AIG Retirement Services, Inc. San Francisco, California Melinda Jane Steuer, Esq.; Scott R. Shewan, Esq. Mark J. Hancock, Esq.; Steven D. Wasserman, Esq.; Dennis J. Kelly, Esq. Intentional misrepresentation; Reckless misrepresentation; Negligent misrepresentation; Fraud-false promise; Fraud-omissions; Intentional breach of fiduciary duty (suitability); Negligent breach of fiduciary duty (suitability); Intentional breach of fiduciary duty (supervision); Negligent breach of fiduciary duty (supervision); Fraudulent conveyance. Variable annuties n/a n/a Unspecified compensatory damages; Damages for emotional distress; Unspecified punitive damages; Exemplary damages; Attorneys’ fees; Costs William Ziering (P) Carl B. Noelke (P), Mario Singleton (NP) Mixed
10-02726 6/8/2010 1/16/2013 Claims dismissed. Keith M. Steel and Anpei Lin, Community Property; Megan Leith Steel Charles Schwab & Co., Inc. San Francisco, 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 and Professions Code 17200 (unfair business practies); and Califiornia Corporations Code 25401 and 25501 Schwab California Tax-Free YieldPlus Fund at least $422,000.00 (Compensatory damages) n/a Rescission of investments; Prejudgment interest (California Statutory interest rate); Post-award interest (California Statutory interest rate); Reimbursement of FINRA filing fee/hearing session deposit and all hearing session fees; Arbitration costs; Attorneys’ fees; Exemplary or punitive damages Jonathan H. Krotinger (P) Edwin C. Shiver (P), Richard B. Bullock (NP) Mixed
10-03899 8/27/2010 1/17/2013 Claims denied; Claims dismissed. Rick Govern; Linda Govern; Winton Boyd; Jerry Jochims; Samantha Stewart Berthel Fisher & Company Financial Services, Inc.; Thomas Berthel Des Moines, Iowa Gail E. Boliver, Esq. Vincent D. Louwagie, Esq. Breach of fiduciary duty; Unsuitable recommendation; Failure to conduct proper due diligence/conflict of interest; Failure to supervise and respondeat superior; Negligence; Violations of the Iowa Securities Act; Misrepresentation; Breach of contract. Private Placement Offering $234,000.00 (Compensatory damages) n/a Unspecified exemplary/punitive damages; Interest; Attorneys’ fees; Costs Stephen C. Esposito (P) James H. Colburn (P), Roger D. Johnson (NP) Mixed
11-00600 2/9/2011 1/14/2013 Claims dismissed. Melvyn M. Heller Rollover IRA TD Ameritrade, Inc. New York, NY Pro se Hollie Mason, 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. Unspecified securities $70,000.00 (damages) n/a Costs Lise Gabrielle Hunter (P) n/a Public
11-01193 3/24/2011 1/30/2013 Claims settled. Lynda Haskins Citigroup Global Markets, Inc.; Julia Mullett Dotterer; Francis Cordes Ford, III; Morgan Stanley Smith Barney; Wells Fargo Advisors, LLC Columbia, South Carolina Michael Hill, Esq. Chan Nam Esq.; Deirdre Wolff Unsuitability; Negligence; Unauthorized trading; Misrepresentation. Unspecified securities $18,674.99 (Compensatory damages from Wells Fargo); $78,631.24 (Compensatory damages from Citigroup, Morgan Stanley, Ford and Dotterer) n/a Interest; Costs; FINRA fees Alan L. Berger (P) n/a Public
11-01265 3/30/2011 1/24/2013 Claims settled. Bill Eckenrod and Mary Beth Eckenrod as Trustees of the Eckenrod Living Trust Dtd. 5/12/87 UBS Financial Services, Inc, Los Angeles, California Edward H. Glenn, Jr., Esq. William McC. Montgomery, Esq. Securities fraud; Common law fraud and misrepresentation; Breach of fiduciary duty; Breach of contract; Failure to disclose a material conflict of interest; Negligence; Violation of state and federal securities laws, California securities statutes, California common law, and FINRA rules Lehman Brothers Holdings, Inc. structured derivative product $100,000.00 (Compensatory damages) n/a Rescission; Pre- and post-award interest; Costs; Expenses; Attorneys’ fees; Expert fees; Forum fees; punitive damages Michael D. Harrison (P) n/a Public
11-01804 5/3/2011 1/30/2013 Claims settled; Claims dismissed. Robert Rubens, Individually; Robert Rubens and Candace Parkin as Joint Tenants Ameriprise Financial Services, Inc.; Gerry Kostuk Chicago, Illinois John C. Legutki, Esq. Howard Klausmeier, Esq. Violations of the Securities & Exchange Act Rule 10(b)(5); Violations of the Illinois Securities Law (815 IVCS 5/12); Violations of the Illinois Consumer Fraud and Deceptive Business Practices Act; Breach of fiduciary duty; Common law fraud; Common law negligence; Common law breach of contract; Negligent supervision. Unspecified securities $42,596.00 (Compensatory damages) n/a Unspecified exemplary/punitive damages; Interest; Attorneys’ fees; Costs Ralph M. Goren (P) n/a Public
11-04219 11/5/2011 1/7/2013 Claims dismissed Kenneth J. Carl; Rebecca L. Carl John Cronin Menefee; Morgan Stanley Smith Barney; RBC Capital Markets, LLC Portland, Oregon Pro se (Kenneth J. Carl); Pro se (Rebecca L. Carl) Julie Thrall Burrow, Esq.; Adam Kauff, Esq. Unsuitability; Negligence Investments in KKR Financial Holdings LLC Reimbursement of taxes, costs n/a Reimbursement for all taxes paid on KFN for 2010 and for all taxes due on KFN for 2011 ($65,866.02); Reimbursement for the FINRA filing fee ($1,250.00); Reimbursement for any and all out of pocket expenses for the arbitration process; 30% surcharge added to the total taxes due ($19,760.00); Reimbursement for travel and lodging and time spent in preparation and hearing the arbitration ($15,000.00) James John Jurinski (P) n/a Public
11-04564 12/8/2011 1/2/2013 In favor of Claimant Citigroup Global Markets Thomas John Guzek; Lynn Kristen Guzek Newark, New Jersey Ross D. Carmel, Esq. Pro Se (Thomas John Guzek); Pro se (Lynn Kristen Guzek) Breach of contract Unspecified $97,760.02 (Compensatory damages) $97,760.02 plus interest at 6% per annum(Compensatory damages); $149.88 plus interest at 6% per annum (compensatory damages); Attorneys’ fees and costs ($35,291.15) Interest (6% per annum); Costs; Attorneys’ fees Kenneth J. Horowitz (P) n/a Public
12-00116 1/9/2012 1/15/2013 Claims denied. Mark Kearsley Morgan Keegan & Company, Inc. not provided Richard S. Frankowski, Esq. Carlos Provencio, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of Securities Regulatory Rules; Violations of the Georgia Securities Act; Misrepresentations; Unjust enrichment; Breach of the duty of good faith and fair dealing; Negligence and failure to properly execute its duties to the accounts. Morgan Keegan Bond Funds $25,000.00 (Compensatory damages) n/a Unspecified punitive damages; Interest; Attorneys’ fees; Costs; Recission Bruce W. Bennett (P) n/a Public
12-00292 1/27/2012 1/10/2013 Claims dismissed. Lottie T. Perkins Robert Bruce Alderman, Jr.; Chapin, Davis; Kevin Robert Goodman Baltimore, Maryland David A. Perkins Kenton E. Knickmeyer, Esq. Breach of fiduciary duty; Misrepresentation; Omission of facts; Unsuitability; Unauthorized trading; Failure to supervise. Variable rate Certificates of Deposit $16,765.00 n/a Reimbursement of commissions and fees on Claimant’s account ($16,765.00); Reimbursement of tax liability ($4,780.50); Accrued interest not paid ($5,424.00); Reimbursement of commissions charged but not disclosed ($1,706.00); Losses on the sale of unsuitable securities ($1,758.00) Patrick Sean Dolan (P) n/a Public
12-00768 2/27/2012 1/18/2013 Claims denied. Lillian D’Elia Ameriprise Financial Services, Inc. not provided Pro se Susan E. Sheely, Esq. Misrepresentation; Excessive commissions Common Stock $4,907.00 (Compensatory damages) n/a n/a Randy R. Freedman (P) n/a Public
12-01112 3/26/2012 1/18/2013 Claims dismissed. William H. Cleino Morgan Keegan & Company, Inc. not provided Richard S. Frankowski, Esq. Thomas Barnett, Esq. Breach of fiduciary duty; Unsuitability; Violations of securities regulatory rules; Violations of the Alabama Securities Act; Failure to disclose nature of funds Morgan Keegan Bond Fund $25,000.00 (Compensatory damages) n/a Rescission; Unspecified punitive damages; Interest; Attorneys’ fees; Costs (unspecified lost earnings) Lawrence R. Maxwell, Jr. (P) n/a Public
12-01533 4/27/2012 1/3/2013 Claims denied. Andrew L. Clark, Sr.; Melinda M. Clark Carl Jefferson Davis; Morgan Keegan & Company, Inc. not provided Pro se (Andrew L. Clark); Pro se (Melinda M. Clark) Thomas F. Barnett, Esq. Breach of fiduciary duty; Misrepresentations; Suitability; Breach of contract; Violation of FINRA Rules 2110 and 2210; Negligence. First Trust Unit Investment Trusts $21,063.14 (Compensatory damages) n/a Unspecified punitive damages; Pre- and post-judgment interest; Attorneys’ fees; Costs; Specific performance Frederick Michael Switzer, III (P) n/a Public
12-01631 5/4/2012 1/30/2013 Claims denied. Daniel R. Mytels E*Trade Securities LLC San Francisco, California Pro se John Bersin, Esq. Claims not provided. Auction rate security Van Kampen Merritt TR for Invt Grade Calif Muns-Auction PFD, name reclassified to Invesco Van Kampen Calif Value Mun Income TR Auction PFD Ser C. $50,000.00 (Consequential damages) n/a Taxable gains; Missed future appreciation; Distress; Suffering Paul D. Gutierrez (P) n/a Public
12-01663 5/1/2012 1/4/2013 Claims denied. Neal Graham TD Ameritrade, Inc. not provided Pro se William M. Mann, Esq. Mispricing of bonds, putting Claimant at a disadvantage and causing investment losses. Citizens Utility and Dynergy Energy bonds $2,500.00 (compensatory); $2,500.00 (punitive) n/a n/a Ronald L. Cheney (P) n/a Public
12-01700 5/10/2012 1/11/2013 Claims denied. Angela Fogle Edward Jones; Elizabeth Lynne Hammack not provided Pro se Joseph D’Elia, Esq. Manipulation; Misrepresentation; Omission of facts; Negligence; Failure to execute Unspecified mutual funds $5,000.00 (compensatory); $20,000.00 (punitive) n/a n/a Harlita H. Robinson-Tomlinson (P) n/a Public
12-01930 5/25/2012 1/7/2013 Claims denied. Joan Fugok Jamie Patrick Lake; Triad Advisors, Inc. not provided Christopher B. Jones, P.C. Jamie Patrick Lake; Daniel I. MacIntyre, Esq. Unsuitability; Fraud; Misrepresentation; Failure to supervise; Respondeat superior liability; Breach of fiduciary duty; Violations of the Pennsylvania Securities Act; the Pennsylvania Unfair Trade Practices and Consumer Protection Law Unspecified securities $10,000.00 (Compensatory damages) n/a Attorneys’ fees; Costs; Unspecified punitive damages Gordon M. Wase (P) n/a Public
12-02561 7/11/2012 1/14/2013 Claims denied. Paul Weisser E*Trade Securities LLC not provided Pro se Meredith Felde Hoffman, Esq. Consequential damages due to loss of liquidity on auction rate securities and reimbursement. Auction rate securities $1,130.19 (Compensatory damages) n/a n/a Jennifer L. Bliss (P) n/a Public
12-02750 7/24/2012 12/31/2012 In favor of Claimant Charles Schwab & Co., Inc. Thomas L. Libby not provided Anthony L. Valenzuela, Esq. n/a Breach of contract; Unjust enrichment Unspecified $25,944.46 (Compensatory damages) $25,944.46 (Compensatory damages); Interest (10% per annum); Reimbursement for filing fee ($1,450.00) Interest (10% per annum); Attorneys’ fees ($5,300.00); Costs ($1,450.00) Frank R. Weaver (P) n/a Public
12-03097 8/28/2012 1/25/2013 EXPUNGEMENT Lisa Ann Detanna Ron Pinto; Alyse D. Pinto Los Angeles, California Scott E. Rahn, Esq. Pro se (Ron Pinto); Pro se (Alyse D. Pinto) Claimant alleged that she was not involved the sales practice violations alleged in Respondents’ 2003 Complaint and seeks to have the Complaint expunged from her Central Registration Depository (“CRD”) record. n/a n/a n/a EXPUNGEMENT David J. Anderson (P) n/a Public
09-00951 2/2/2009 2/13/2013 In favor of claimant Associated Humane Societies, Inc. Bruce G. Barth; Nancy Dombrowski, Merrill Lynch Pierce Fenner & Smith Inc.; Merrill Lynch Trust Co.; Cynthia Walker Newark, New Jersey Harry J. Levin, Esq., Jarrod Miller, Esq. David J. Libowsky, Esq. Imprudent investing and churning AIG Polaris Protector Variable Annuity; Merrill Lynch Investor Choice Annuity; other unspecified securities $195,828.00 (compensatory damages) $168,103.00 in compensatory damages; 7.5% interest for one year, 6.0% for year two, 3.5% for year three, 2.5% for year four and five; 2% for period of 1/1/13 to date of the Award; $126,077.00 in punitive damages; $300.00 filing fee paid to FINRA; Pay claimant post-award interest at 2% from date of Award until it is paid Return of excessive fees for investment annuities; interest; punitive damages; attorneys’ fees; expert fees; costs; $278,223.00 in overcharges; $400,993.00 in market adjusted damages; $192,995 in annuity surrender charges; $10,000,000.00 in punitive damages; unspecified damages for churning; $544,299.00 for attorneys’ fees and costs Alan Shaw (P) Mia Scanga (P); Nathan J. Munucci (NP) Mixed
09-03871 6/26/2009 1/31/2013 Claims settled Xiaohua Qu Deutsche Bank Securities, Inc.; William Arthur Svoboda; Albert S. Chen San Francisco, California Michael J. Maloney, Esq. George D. Sullivan, Esq.; John G. Balestriere, Esq. Breach of Contract; Breach of Covenant of Good Faith and Fair Dealing; Breach of Fiduciary Duty; Fraud; Negligent Misrepresentation; Constructive Fraud; Negligent Supervision; General Negligence Shares in Canadian Solar, Inc. n/a n/a General damages ($10,000,000.00); Punitive damages ($1,000,000.00); Reasonable attorneys’ fees; Interest; Costs Michelle Judy Brant (P) Richard B. Bullock (NP) Mixed
09-04977 8/24/2009 1/29/2013 Claims denied The Urban Child Institute Morgan Keegan & Company, Inc. Memphis, Tennessee Andrew P. Campbell, Esq.; Caroline Smith Gidiere, Esq. Peter S. Fruin, Esq; Joshua D. Jones, Esq. Misrepresentation and omissions; breach of fiduciary duty; unsuitable investments; violation of Section 11 of the Securities Act of 1933; violation of Section 12 of the Securities Act of 1933; liability under Section 15 of the Securities Act of 1933; breach of the Securities Exchange Act of 1934; breach of the Tennessee Securities Act; fraud; negligence; failure of supervision; breach of contract; vicarious liability; violation of FINRA rules. RMK Select High Income bond fund $9,568,145.00 (compensatory damages) n/a interest on compensatory damages; costs of action; punitive damages Linda T. Pellegrino (P) Martha Jeanne Wilcoxson (NP); James F. Carlson (P) Mixed
09-07119 12/22/2009 2/18/2013 Claims denied Joseph Fedele; Rhonda Fedele Citigroup Global Markets, Inc.; Robert James Brown; Thomas Joseph Dwyer; John Bernard Moran; Morgan Stanley Smith Barney LLC New York, New York Jenice L. Malecki, Esq.; Robert L. Herskovits, Esq. William Briendel, Esq. Common law fraud; fraud under federal securities laws; control person liability; breach of contract; suitability; negligence; breach of fiduciary duty; conversion; negligent supervision; and respondeat superior Auction rate securities; municipal bonds $1,847,780.00 (compensatory damages) n/a Award ordering Respondents to buy back, at par, the auction rate securities that Claimants purchased or rescission; Pre-judgment interest; Costs; Fees; Attorneys’ fees; Expert fees; FINRA fees; Punitive damages Howard D. Jacob (P) Peter P. Skomorowsky (P); Jonathan L. Goldfarb (NP) Mixed
10-04837 10/25/2010 2/21/2013 Claims settled Michael Wykrent; Karen Wykrent UBS Financial Services, Inc. Dallas, Texas Mark E. Maddox, Esq. Jeffrey L. Friedman, Esq. Breach of fiduciary duty; breach of contract; omission and misrepresentations; constructive fraud; negligence; respondeat superior; violations of Texas Deceptive Trade Practices Act. 1861 Capital Municipal Enterprise Domestic Fund LP $889,871.00 (compensatory damages) n/a Treble damages ($1,779,742.00); Interest; Attorneys’ Fees; Costs Edward J. Lynch (P) William E. Hartsfield (P); Karen J. Zvonecek (NP) Mixed
10-05603 12/14/2010 2/9/2013 In favor of Claimant Marvin Weinar William Lex; Dinosaur Securities LLC Philadelphia, Pennsylvania Liam O’Brien, Esq. Gilbert B. Abramson, Esq.; M. William Munno, Esq. Unsuitability; over concentration/failure to diversify; breach of contract; breach of fiduciary duty; negligence Various private placement notes $440,000.00 (compensatory damages) $270,000.00 (compensatory damages); Pre-judgment Interest (6% per annum); Claimant shall assign his interest in the notes to Lex Interest; Costs; Attorneys’ fees Paul J. Greco (P) Gail Ellen Yarnell (P); Alan M. Schankel (NP) Mixed
11-00072 1/5/2011 2/8/2013 In favor of Claimant Nina Vayner Obsidian Financial Group, LLC; Joseph Giuseppe Scali New York, New York John E. Lawlor, Esq. Martin Unger, Esq. Breach of Contract; Unauthorized trading; Unsuitability; Fraud; Misrepresentations; Omission of facts; Breach of fiduciary duty; Negligence; Failure to supervise. Unspecified Securities Between $75,000.00 and $92,539.26 (compensatory damages) $49,600.86 (compensatory damages); Pre-judgment interest (5% per annum from Sept. 15 ,2009 until payment of award) Disgorgement of profits; Interest; Unspecified punitive damages; Attorneys’ fees; Costs Sandra J. Mullings (P) n/a Public
11-00649 2/10/2011 2/6/2013 In favor of Claimant James Coffey GunnAllen Financial, Inc.; David H. Noe New York, New York Arlene Gilbert, Esq.; Daniel A. Bakondi, Esq. Benjamin J. Biard, Esq. Breach of duty of care; negligence; falure to do due diligance; unsuitability; breach of contract; misrepresentations and omissions; violations of Section 10 of the Securities Exchange Act, Rue 10b-5, state securities laws; fraud; breach of fiduciary duty; lack of reasonable supervision. Tenant in Common commercial real estate project called Doral Court $76,040.00 (compensatory damages) $76,040.00 (compensatory damages); Post-judgment interest (9% per annum until award is paid in full) Interest (10% per annum); Costs; Attorneys’ fees; Forum fees; Fees paid to experts; Punitive damages Diane Getzler (P) n/a Public
11-02314 6/10/2011 2/13/2013 Claims settled Peter Kawash, Jr. UBS Financial Services, Inc.; Barbara Ann Mihalik-Zeitoun Philadelphia, Pennsylvania Christopher B. Jones, Esq. Dan Rosenbaum, Esq. unsuitability; fraud; misrepresentation; failure to supervise; respondeat superior; breach of fiduciary duty; violations of the Pennsylvania Securities Act; violations of Pennsylvania Unfair Trade Practices and Consumer Protection Law. Unspecified Securities $1,000.00 (compensatory damages) n/a Punitive damages; Attorneys’ fees; Costs Edward F. Koren (P) n/a Public
11-02357 6/13/2011 1/25/2013 Expungement Christopher John Voccola Pauline Maitoglou Newark, New Jersey Timothy Feil, Esq. Kevin J. Begley, Esq Expungement n/a n/a n/a Expungement; Costs; Fees Abraham Harry Bunis (P) Michael A. Ruderman (P); Brian S. Hamburger (NP) Mixed
11-03374 8/29/2011 2/22/2013 Claims settled John H. North Ausdal Financial Partners, Inc.; Virchow Krause & Company, LLP n/k/a Baker Tilly Capital, LLC Chicago, Illinois Joseph Wojciechowski, Esq. Jeff Ziesman, Esq.; David Baugh, 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 Practices Act; common law fraud and misrepresentation; violation 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; respondeat superior. Subordinated notes issued by Key Lime Cove Gurnee, LLC $100,000.00 (compensatory damages) n/a Unspecified punitive damages; interest; attorneys’ fees; costs Michael Nathanson (P) n/a Public
11-04157 11/2/2011 2/26/2013 In favor of claimant Merrill Lynch, Pierce, Fenner & Smith Inc. Anil V. Shah; Preeti Shah Los Angeles, California Kenneth C. Mennemeier, Esq. Hari S. Lal, Esq. breach of contract; unjust enrichment Unspecified Securities $59,223.20 (compensatory damages) $59,223.20 (compensatory damages); Interest ($14.61/day from March 12, 2010); Reimbursement of costs ($2,850.00); Half of any FINRA forum fee Interest Michael R. Mitchell (P) n/a Public
11-04209 11/7/2011 2/22/2013 Claims settled Edward M. Schell Newbridge Securities Corporation; Robert Patrick Macnamee Philadelphia, Pennsylvania Lars K. Soreide, Esq. Gregg Breitbart, Esq. negligence; breach of fiduciary duty; negligent supervision, breach of contract; fraud Unspecified securities $77,000.00 (compensatory damages) n/a Unspecified punitive damages; Interest; Costs Doris J. Dabrowski (P) n/a Public
11-04768 12/20/2011 2/25/2013 In favor of claimant David L. Bobo UBS Financial Services, Inc. Louisville, Kentucky Charles C. Mihalek, Esq.; Steven McCauley, Esq. Brian F. Amery Esq.; David J. Butler, Esq. Misrepresentation and omission of material facts; unsuitable recommendations; breach of fiduciary duty; common law fraud; common law negligence. Lehman Brothers 100% Principal Protected Note $100,000 (compensatory damages) $76,289.00 (compensatory damages); Post-award interest (12% per annum); Attorneys’ fees ($26,701.15); Costs ($300.00) Punitive damages; Attorneys’ Fees; Interest ($46,933.00) Costs; Monetary relief Joseph V. Simeri (P) n/a Public
11-04786 12/21/2011 2/22/2013 Claims settled Howard M. Singer and Mary Ann L. Singer as Trustees of the Howard M. and Mary Ann L. Singer Trust Wells Fargo Advisors, LLC; Chien D. Nguyen; Richard L. Burrows; Robert T. Mooney; Michael J. Villanueva; Donald L. Winchester Los Angeles, California Joshua M. Baskin, Esq. Vanessa M. Hoffmann, Esq. Breach of contract; breach of fiduciary duty; misrepresentations; omission of facts. Real estate investment trust $92,282.91 (compensatory damages) n/a Punitive damages ($5,000.00); Costs ($975.00) Benjamin F. Breslauer (P) n/a Public
11-04796 12/27/2011 2/25/2013 Claims settled Edwin L. Grimm E*Trade Securities LLC Syracuse, New York Birgitta K. Siegal, Esq. Meredith Felde Hoffman, Esq. negligence; unsuitability; failure to supervise; constructive fraud; negligent misrepresentation and omissions; breach of fiduciary duty Principal Protected Notes $37,000 (compensatory damages) n/a Interest; Recissionary damages; exemplary damages; disgorgement of profits; forum fees; costs; reasonable attorneys’ fees Kenneth Dymond (P) n/a Public
12-00213 1/18/2012 2/19/2013 Claims denied John E. Butler Wells Fargo Advisors, LLC Tucson, Arizona Mitchel Markowitz ; Benjamin Lapin Demian J. Betz, Esq. Fraud; misrepresentations; omissions; breach of fiduciary duty; breach of the covenant of good faith and fair dealing; negligence supervision; breach of conduct; and respondeat superior Shares of: Markland Technologies, Bam! Entertainment, Technest Holdings and Beicang Iron and Steel $25,624.00 (compensatory damages) n/a Unspecified punitive damages; reimbursement of filing and forum fees; costs; fees related to expert witnesses and transcripts Robert S. McConnell (P) n/a Public
12-00274 1/19/2012 2/19/2013 Claims denied David Lobato Edward Jones; Carolyn Sue Gregg New York, New York Pro se (David Lobato) Loren Schechter, Esq. Breach of fiduciary duty; negligence; fraud; failure to supervise; respondeat superior Unspecified annuities $36,850.00 (compensatory damages) n/a Loss on account ($5,000.00); Interest ($2,000.00) Carolyn A. Mann (P) n/a Public
12-00289 1/24/2012 1/30/2013 Claims denied Alison Jane Kaylor Ryan Glenn Bible; Chase Investment Services Corp. Not specified Alison Jane Kaylor Matthew T. Wholey, Esq. Misrepresentation; breach of fiduciary duty; negligence; failure to supervise; omission of facts Shares of TEVA stock $12,500.00 (compensatory damages) n/a Punitive damages ($5,000.00); Costs ($425.00) Joseph C. Watson (P) n/a Public
12-00704 2/24/2012 2/22/2013 Claims dismissed Kenneth DeBritto; Lorraine DeBritto Commonwealth Financial Network; Lincoln Financial Securities Corporation Fort Lauderdale, Florida Scott L. Silver, Esq.; Adolfo J. Anzola, Esq. Peter B. King Esq.; Robert Jamieson, Esq.; Lloyd R. Schwed Esq. Breach of fiduciary duty; breach of duty of ordinary and reasonable care; negligence and gross negligence; respondeat superior; breach of contract Shares of real estate investment Frostproof Acres, LLC $100,000.00 (compensatory damages) n/a Rescission; punitive damages; interest; costs Lewis J. Levey (P) n/a Public
12-00996 3/14/2012 2/1/2013 In favor of claimant Gillman Family Trust Wachovia Securities, LLC d/b/a Wells Fargo Advisors, LLC; Shirley Polidori Boca Raton, Florida Lars K. Soreide, Esq. Nuviah Shirazi Negligence; breach of fiduciary duty; negligent supervision; breach of contract; fraud Fannie Mae preferred stock $50,000.00 (compensatory damages) $48,399.70 (repurchase of securities from Claimant) Punitive damages; interest; costs; rescission Steven Ira Weinberger (P) n/a Public
12-01539 4/23/2012 2/8/2013 Claims denied Lawrence Droutman E*Trade Securities LLC Nashville, Tennessee Pro se (Lawrence Droutman) John Bersin; Meredith Hoffman Consequential damages Various auction rate securities, including Nuveen, Pimco and Gabelli $27,266.74 (compensatory damages) n/a n/a Claude O. Ramer, II (P) n/a Public
12-02028 5/25/2012 2/20/2013 Claims denied Peter R. McGill; Joan T. McGill E*Trade Securities LLC Not specified Pro se (Peter R. McGill); Pro se (Joan T. McGill) Meridith Felde Hoffman, Esq. Consequential damages Auction rate securities $21,340.00 (compensatory damages) n/a n/a Douglas Earl McLaren (P) n/a Public
12-02062 6/2/2012 2/15/2013 Claims denied Beverly A. Lawson Erna Morgan McReynolds; Morgan Stanley Smith Barney Not specified Eric W. Lawson, Esq., Chan Nam, Esq. Failure to execute Various securities $1,916.00 (compensatory damages) n/a Interest ($191.16) Stuart M. Schwartz (P) n/a Public
12-02083 5/29/2012 2/26/2013 Claims dismissed Enrique Franco AXA Distributors, LLC Houston, Texas John Vong, Esq. Ronald D. Smith, Esq. Claimant asserted that he was promised a 6% profit per year on his investment in AXA Equitable Life Insurance Company annuities and that he was not advised of any risk of loss. AXA Equitable Life Insurance Company annuities $50,000.00 (compensatory damages) n/a Unspecified punitive damages Michael S. Wilk (P) n/a Public
12-02231 6/7/2012 2/5/2013 Claims denied Ricardo Nogueira; Dina Nogueira Ameriprise Financial Services; Michael R. Gould Not specified Pro se (Ricardo Nogueira); Pro se (Dina Nogueira) Susan E. Sheely, Esq. Misrepresentation; unsuitability; non-disclosure RiverSource Variable Universal Life IV ES Insurance n/a n/a Reimbursement of surrender fee ($17,520); Loss of investment earnings ($2,239.95); Punitive damages ($5,240.05); Market value loss ($7,257) Julian F. Santos (P) n/a Public
12-02286 6/18/2012 2/8/2013 In favor of claimant Merrill Lynch, Pierce, Fenner & Smith Inc. Paul W. Bellenbaum Los Angeles, California Eric J. Glassman, Esq. Did not enter an appearance Breach of contract; violation of California Commercial Code Sections 3100 et seq.; unjust enrichment; common count – money had and received. Debit balance owed resulting from the sale of stock $50,033.52 (compensatory damages) $50,033.52 (compensatory damages); Interest (3% from November 9, 2009 until January 15, 2013 Interest George L. Tindall (P) n/a Public
12-02577 7/14/2012 1/15/2013 Claims denied Jason A. Steinbeck E*Trade Securities LLC Not specified Pro se (Jason A. Steinbeck) Meredith Felde Hoffman, Esq. Violations of SEC and FINRA regulations Texas Roadhouse common stock $308.00 (compensatory damages) n/a Punitive damages ($650.00) Melinda G. Jayson (P) n/a Public
12-02617 7/14/2012 6/14/2013 Claims denied Edward E. Schutt TTEE; June E. Schutt TTEE Bryan Jeffery Solomon Not specified Pro se (Edward E. Schutt TTEE); Pro se (June E. Schutt TTEE) Pro se (Bryan Jeffery Solomon) Failure to advise of the penalties and taxes for premature distribution from an annuity. Jackson National Life annuity $13,439.00 (compensatory damages) n/a n/a Edward M. Olson (P) n/a Public
12-02830 7/29/2012 2/1/2013 Claims denied Oyster Reef International Merrill Lynch, Pierce, Fenner & Smith, Inc. Not specified Alejandro N. Tagliero, Dominick F. Evangelista, Esq. Manipulations and unauthorized trading; conversion; money laundering Options and warrants $25,000.00 (compensatory damages) n/a n/a Martin M. Van Luven (P) n/a Public
12-02974 8/19/2012 2/12/2013 Claims denied Philip Merryman Charles Schwab & Co., Inc. Not specified Philip Merryman Gregory M. Scanlon, Esq. Unjustified witholding of interest Shares of Tesoro Corporation $6,328.00 (compensatory damages) n/a Punitive damages ($14,000.00); Costs (filing fees); Return of $11,000.00 held in account. Ann C. Northern (P) n/a Public
12-03055 8/22/2012 3/11/2013 In favor of claimant Karen Warstler Loretta Kay Barmes; Chase Investment Services Corp. Not specified Pro se (Karen Warstler) Erika Imre Schindler, Esq. Unsuitability; misrepresentations; omission of facts; breach of fiduciary duty; negligence Nationwide Destination Variable annuity $3,900.00 (compensatory damages) $1,500 in compensatory damages; $212.50 for one half of the filing fee Punitive damages ($21,000.00); Interest ($5,714.00); Costs ($425.00) Robert S. Mautner (P) n/a Public
09-00883 2/19/2009 3/15/2013 Claims settled; Claims dismissed John Beland and Elaine Beland, jointly; John Beland as Trustee of the Floyd and Hazel Pester Charitable Remainder Unitrust Ameriprise Financial Services, Inc. a/k/a American Express Financial Advisors; Ronald J. Miller Chicago, Illinois David A. Genelly, Esq. Geddes D. Anderson, Jr., Esq. Breach of fiduciary duty; breach of contract; common law fraud; negligent misrepresentation. Technology stocks; small cap stocks; junk-bond mutual funds $1,500,000.00 (compensatory) n/a Unspecified punitive damages; Costs Michael I. White (P) Robert L. Agusto (P); Steven G. Gomberg (NP) Mixed
09-04771 8/12/2009 3/11/2013 Claims denied Athena Venture Partners, L.P. Goldman Sachs and Co.; Eric W. Gettleman; Scott T. Sheffer Philadelphia, Pennsylvania David R. Moffitt, Esq. Edward M. Posner, Esq. Misrepresentation; fraud; violation of the Securities Exchange Act of 1934; failure to supervise; breach of fiduciary duty; suitability. Goldman Sachs Liquidity Partners 2007, L.P. $1,366,180.66 (compensatory) n/a Punitive damages ($2,411,156.00); Interest ($1,800.00); Attorneys’ fees; costs Kathleen K. Murphy (P) Demetrio S. Timban, Jr. (P); Edward T. Borer (NP) Mixed
10-03341 7/21/2010 2/22/2013 In favor of Claimant; Claims denied. Marinciana, LLC; Theron Ruiz, Sr.; Theron Ruiz, II; Dominga Ruiz KGM International, LTD; Nationwide Securities, LLC; Marvin David Revoal; Savons, Inc.; Paul Anthony Wiggins Eugene, Oregon Margaret J. Wilson, Esq. Scott P. Monfils, Esq.; Thomas V. Dulcich, Esq.; Paul Anthony Wiggins; Pro se (Paul Anthony Wiggins) Breach of fiduciary duty; breach of contract; negligent supervision; conversion; fraud. Unspecified securities $1,165,790.43 (damages) $895,790.00 (compensatory damages) Attorneys’ fees F. Richard Middaugh (P) Clyde Fahlman (P); William J. Chambers (NP) Mixed
10-04047 9/7/2010 3/20/2013 In favor of Claimant; Claims dismissed Karen Lamoreaux; Karen Lamoreaux IRA; The Lamoreaux Trust; The Social Air, Inc. Profit Sharing Plan MML Investors Services, LLC; Eric Christopher Cannon; Kimberly Alicia Michel; Gitty Khatib Rahbar Los Angeles, California David Liebrader, Esq. Louis H. Castoria, Esq.; Sylvia M. Scott, Esq.; Russell R. Fisk, Esq.; William P. Thornton, Jr., Esq.; Pro se (Eric Christopher Cannon) Breach of fiduciary duty; negligence; violation of California securities law; and breach of contract. Unregistered security $1,265,286.00 (compensatory) $1,120,175.00 (compensatory); Expert witness fees ($15,883.00); Deoposition costs ($1,265.00); FINRA filing fee ($600.00) Rescission of the investments; consequential damages; disgorgement and restitution of all earnings and profits, compensation and benefits; punitive damages; exemplary damages; pre- and post-award interest; attorney’s fees; costs; expert witness fees Richard J. Stall, Jr. (P) Eugene A. Taylor, Jr. (P); Terry Lynn Chambless (NP) Mixed
10-04481 10/6/2010 3/14/2013 Claims settled; Claims dismissed Frank D. Tsuru; Stephanie K. Tsuru Presidio Capital Advisors, LLC; Presidio Financial Partners, LLC; Presidio Wealth Management, LLC; Colin Mark Carter; Jerome C. Deren; Julie Kathleen Helwig; Brodie Lyle Cobb Houston, Texas Clint A. Corrie, Esq. Jennifer Evans Morris, Esq. Breach of fiduciary duty; suitability; negligence; breach of contract; violations of Texas Securities Act; control person liability; negligent supervision; violations of the Texas Deceptive Trade Practices Act. Auction-rate preferred securities $7,000,000.00 (compensatory) n/a Punitive damages ($21,000,000.00); Interest; attorneys’ fees; other costs; other non-monetary relief David G. Beerbower (P) A.C. Schwethelm (P); Linda Broocks (NP) Mixed
10-04513 10/7/2010 2/28/2013 Claims dismissed William Adams Oppenheimer & Co., Inc.; James F. Dever; Jason A. Diaz Ft. Lauderdale, Florida Philip M. Giordano, Esq. Cory S. Zadanosky, Esq.; Walter A. Surack, Esq.; Rose M. Schindler, Esq. Violations of the Securities Act of 1933; violations of the Securities Exchange Act of 1934; violations of the state securities laws; breach of contract; breach of fiduciary duty; fraud and deceit; negligent misrepresentation; gross negligence; negligence; breach of a broker-dealer’s duty to supervise; breach of a broker-dealer’s duty of reasonable care and fair practice; civil conspiracy. Unspecified securities $300,000.00 (compensatory) n/a double or treble punitive damages; Attorneys’ fees; interest; costs Elena G. Rodriguez (P) Ronald Stephen Lieberman (P); Melanie S. Cherdack (NP) Mixed
11-03384 8/30/2011 3/20/2013 Claims settled Daniel A. Calitri Rockwell Global Capital, LLC; Bruce Jude Guarino; Peter Anthony Ferrara Providence, Rhode Island Lars K. Soreide, Esq. David Gehn, Esq. Negligence; breach of fiduciary duty; negligent supervision; breach of contract; fraud. Convertible promissory notes $50,000.00 (compensatory) n/a Rescission; punitive damages; interest; costs Nickolas F. Monteforte (P) n/a Public
11-03526 9/12/2011 3/28/2013 Claims settled Dr. John O. Buoni UBS Financial Services, Inc. Boston, Massachusetts Robert A. Uhl, Esq. Daniel R. Korb, Jr., Esq. Breach of fiduciary duty; breach of contract; constructive fraud; violations of state and federal securities laws, FINRA, NASD and NYSE rules; unsuitability; failure to supervise; respondeat superior. Lehman Principal Protected Note $100,000.00 (compensatory) n/a Interest; lost opportunity costs; consequential damages; punitive damages; attorneys’ fees; costs; rescission Edward Aptaker (P) n/a Public
11-03561 9/13/2011 3/14/2013 Claims settled Alan Hainsworth Rockwell Global Capital, LLC; Bruce Guarino; Peter Ferrara Buffalo, New York Lars K. Soreide, Esq. Martin H. Kaplan, Esq. Negligence; breach of fiduciary duty; negligent supervision; breach of contract; fraud. Convertible promissory note $100,000.00 (compensatory) n/a Recission; punitive damages; interest; costs; attorneys’ fees Ralph L. Halpern (P) n/a Public
11-03675 9/16/2011 3/14/2013 Claims dismissed; claims settled Jaime Melgarejo Legend Securities, Inc.; Penson Financial Services, Inc.; Jason Mediate Houston, Texas Sidney Ravkind, Esq. Lawrence R. Gelber, Esq.; Pro se (Jason Mediate) Breach of fiduciary duty; misrepresentations; omissions; unauthorized trades. Optical Systems, Inc. shares $99,999.99 (compensatory) n/a Interest; attorneys’ fees Philip I. McConnell (P) n/a Public
11-04308 11/15/2011 3/14/2013 Claims dismissed; claims settled Stephen H. Trigg Rockwell Global Capital, LLC; Denny P. Darmodihardjo; Peter Ferrara; Bruce Guarino New York, New York Lars K. Soreide, Esq. David A. Gehn, Esq. Negligence; breach of fiduciary duty; negligent supervision; breach of contract; fraud. Convertible promissory note $50,000.00 (compensatory) n/a Rescission; unspecified punitive damages; interest; costs Joseph J. Arata (P) n/a Public
11-04384 11/21/2011 3/26/2013 Claims denied; In favor of Claimant Richard Gallagher TD Ameritrade, Inc.; Jerry Clark Orlando, Florida Philip J. Snyderburn, Esq. James J. Vihstadt Fraudulent inducement; breach of fiduciary duty; negligence; breach of contract; churning. Unspecified securities $80,000.00 (compensatory) $80,000.00 (compensatory); Interest (Florida statutory rate accruing from November 18, 2011 through March 14, 2013; Punitive damages ($500,000.00) Punitive damages; interest; costs Thomas Joseph Atkinson, Sr. (P) n/a Public
11-04667 12/8/2011 3/11/2013 Claims settled; claims dismissed Bethany Bedylton Chase Investment Services Corp. Detroit, Michigan Anthony V. Trogan, Esq. Elizabeth M. Hill, Esq. Breach of contract; common law fraud; promissory estoppel; negligence and gross negligence; malpractice; breach of fiduciary duty; breach of Michigan securities law; inadequateand inproper supervision. Franklin Income A Fund $46,754.00 (compensatory) n/a Unspecified exemplary/punitive damages; interest; attorneys’ fees; costs Barry Goldman (P) n/a Public
12-00058 1/3/2012 3/18/2013 Claims settled Joseph Westerland Christopher Edward Bond; National Securities Corporation Wilmington, Delaware Benjamin Lapin Timothy Feil, Esq. Fraud; negligent misrepresentation; breach of fiduciary duty; breach of the covenants of good faith and fair dealing; negligent supervision; breach of conduct. Sodastream International, Ltd. stock $90,000.00 (compensatory) n/a Filing and hearing fees; expert witness fees; transcript and analysis fees Paul J. Greco (P) n/a Public
12-00117 1/12/2012 3/19/2013 Claims denied Christin Pond Farr, Executrix under Will of George Stanton Pond Jan Robert Mueller Chicago, Illinois Pro se (Christin Pond Farr) Sheetal Parikh, Esq. Unauthorized trading; breach of fiduciary duty. Unspecified securities $9,512.00 (compensatory) n/a Interest; costs Kathleen K. Murphy (P) n/a Public
12-00306 1/26/2012 3/4/2013 In favor of Claimant Gary B. Stager and Wendy K. Stager, Co-TTEE of the Charles W. Stager Trust B Frederick Frye Walker Charlotte, North Carolina Pro se (Gary B. Stager and Wendy K. Stager) Gregory B. Simon Negligence; errors; failure to execute. Allstate annuity policy $25,554.21 (compensatory); Reimbursement of the non-refundable portion of the claim filing fee ($150.00) $25,554.21 (compensatory) Costs Stephen P. Hoffman (P) n/a Public
12-00976 3/12/2012 3/28/2013 Claims settled Charles S. Tilghman Merrill Lynch, Pierce, Fenner & Smith Inc. Los Angeles, California Pro se (Charles S. Tilghman) Tara A. LaClair, Esq. Unsuitable recommendations; improper concentration of Claimant’s investment securities; negligence; breach of defacto fiduciary duty; negligent supervision. Georgia Power Company; Fannie Mae preferred stock n/a n/a Rescinding purchase of shares in the amount of $49,535.20 adjusted for dividend of $469.80; interest (10% per annum); costs Joyce L. Hurley (P) n/a Public
12-00987 3/22/2012 4/4/2013 Claims denied; claims dismissed Edward Phillip Forman Fidelity Investments International Services Corp.; Fidelity Brokerage Services, LLC Kansas City, Missouri Pro se (Edward Phillip Forman) John Starnes, Esq. Breach of fiduciary duty; breach of contract; failure to execute. MasterCard option contracts $39,391.00 (compensatory) n/a n/a Mark S. Foster (P) n/a Public
12-01157 3/23/2012 3/15/2013 In favor of Claimant David Forster; Sandra Forster QA3 Financial Corp.; David Alan Theis Minneapolis, Minnesota Christopher P. Parrington, Esq. Victoria H. Butler, Esq. Failure to supervise; suitability; misrepresentation; negligence; breach of fiduciary duty; common law fraud; promissory estoppel. IMH Secured Loan Fund; Black Diamond Energy; Arciterra Note Fund III; Clearwater 2008 Note Program; United Development Funding $290,000.01 (compensatory) $290,000.00 (compensatory) Punitive damages ($870,000.00); Attorneys’ fees; costs Joan L. Volz (P) n/a Public
12-01570 4/25/2012 3/20/2013 Claims settled; claims dismissed Andy Mack HFP Capital Markets LLC; Brett Friedberg Des Moines, Iowa Pro se (Andy Mack) Samuel J. Lieberman, Esq. Churning. Residential Cap Corp bonds; iStar Financial Inc. bonds; Blockbuster Inc. bonds $42,839.76 (compensatory) n/a $600.00 (costs) Brett W. Olander (P) n/a Public
12-01684 5/7/2012 3/13/2013 Claims denied; claims dismissed Joseph Manfredi; Frank Manfredi Franklin Christopher Investment Bankers; Merrimac Corporate Securities, Inc., Penson Financial Services, Inc., Peter Raymond Quartararo not provided Pro se (Joseph Manfredi); Pro se (Frank Manfredi) Franklin I. Ogele, Esq.; RL Barrett; Mark Cuccaro, Esq.; Peter Raymond Quartararo Fraud. Electric Motor Corp. stock $15,000.00 (compensatory) n/a Punitive damages ($7,500.00); Interest ($1,219.00) Martin Jay Siegel (P) n/a Public
12-01705 5/5/2012 3/21/2013 Claims settled Thomas E. Himmelberger RBC Wealth Management, a division of RBC Capital Markets, LLC; William Lee Reece Seattle, Washington Pro se (Thomas E. Himmelberger) Julie Thrall Burrow, Esq. Unauthorized trading; suitability. Unspecified securities $19,500.00 (compensatory) n/a n/a Joseph C. Roberts (P) n/a Public
12-01719 5/10/2012 3/1/2013 In favor of Claimant Penson Financial Services, Inc. Gerald J. Gregor Newark, New Jersey Mark Cuccaro, Esq. Pro se (Gerald J. Gregor) Breach of contract; unjust enrichment; money had and received. Unspecified securities $50,000.00 (compensatory); interest (3% per annum from March 15, 2012 until paid in full) $50,000.00 (compensatory); interest at 3% per annum Pre- and post-judgment interest; attorneys’ fees; costs Sam Antar (P) n/a Public
12-01801 5/16/2012 3/28/2013 Claims denied Daniel H. Lerner E*Trade Securities LLC New York, New York Pro se (Daniel H. Lerner) John Bersin, Esq. Negligence; breach of fiduciary duty; failure to supervise; failure to execute customer instructions. Allied Irish Bank bond $22,499.00 (compensatory) n/a Interest; costs Joseph J. Arata (P) n/a Public
12-01861 12/21/2011 3/6/2013 In favor of Claimant Rene Mamouzellos James Rapuano Boston, Massachusetts Robert V. Cornish, Jr., Esq. n/a Fraudulent misrepresentations; fraud; deceit; aiding and abetting; negligent supervision; negligence; breach of contract; violations of Massachusetts Consumer Protection Laws, unjust enrichment; breach of fiduciary duty. Unspecified securities $23,000.00 (compensatory) $22,599.00 (compensatory); interest (6% per annum) Punitive damages ($70,000.00); Attorneys’ fees; costs; expenses; rescission Gene M. Bauer (P) n/a Public
12-02015 5/31/2012 3/20/2013 Claims dismissed Keith A. Bryant Morgan Keegan & Company, Inc. not provided Richard S. Frankowski, Esq. Thomas F. Barnett, Associate Attorney Breach of fiduciary duty; breach of contract; unsuitability; failure to supervise; violation of regulatory rules; violation of the Georgia Securities Act. RMK Select Intermediate Bond Fund $50,000.00 (compensatory) n/a Interest; costs; attorneys’ fees Kimberly A. Gilmour (P) n/a Public
12-02141 6/8/2012 3/22/2013 Claims denie; claims dismissed Robert I. Spiegel Trust Number 100 Fifth Third Securities, Inc. Chicago, Illinois Mona Lawton, Esq.; Schuyler D. Geller, Esq. Robert M. Zimmerman, Esq. Breach of fiduciary duty; breach of contract; violation of the Illinois Consumer Fraud and Deceptive Business Practices Act; violation of the Securities Exchange Act; violation of the Illinois Securities Act; violation of common law causes of action in tort; suitability. Research in Motion Reverse Convertible Note; Genworth Financial, Inc. Reverse Convertible Note. $96,000.00 (compensatory) n/a Unspecified exemplary/punitive damages; interest; attorneys’ fees; costs Lee H. Goodman (P) n/a Public
12-02378 6/27/2012 3/8/2013 In favor of Claimant (EXPUNGEMENT) James Vincent O’Connor Helen B. Strachan as Trustee of the Jean Strachan 2001 Trust New York, New York Stefanie Wayco, Esq. Jacob H. Zamansky, Esq. Expungement of CRD records. See FINRA Case #10-03781. n/a n/a Expungement. Martin H. Zern (P) n/a Public
12-02476 7/2/2012 3/19/2013 Claims denied (EXPUNGEMENT) Gregory Michael Lorenz David Drown; E*Trade Securities LLC not provided Pro se (Gregory Michael Lorenz) Meredith Felde Hoffman, Esq. Expungement of CRD records. MetLife bond; American Express bond; Bank of America bond n/a n/a Expungement. Arocles Aguilar (P) n/a Public
12-02637 7/19/2012 3/12/2013 In favor of Claimant (EXPUNGEMENT) Gail Rolinda Weiner George E. Maloof; Eileen Maloof Newark, New Jersey Stephanie Wayco, Esq. Adolfo J. Anzola, Esq. Expungement of CRD records. See FINRA Case #10-00360. n/a n/a Expungement. Robert E. Anderson (P) n/a Public
12-02740 7/26/2012 2/28/2013 Claims denied Joe McGlone UBS Financial Services, Inc.; Keith Brown not provided Pro se (Joe McGlone) Dan A. Rosenbaum Malicious and willful treatment; breaking trades; failure to execute trades; unfair treatment. AKAM stock; SNDK stock; BRCM stock. $20,513.00 (compensatory) n/a n/a James W. Geiger (P) n/a Public
12-03067 8/27/2012 3/13/2013 Claims denied Mark Eaton Ernest Michael Bosso not provided Pro se (Mark Eaton) Joseph C. Campo, Esq. Unauthorized trading; churning; suitability. Unspecified securities $50,000.00 (compensatory) n/a n/a Elena G. Rodriguez (P) n/a Public
12-03163 9/4/2012 3/23/2013 Claims denied Philip Merryman Vanguard Marketing Corporation not provided Pro se (Philip Merryman) Brian T. Donadio, Esq. Unlawful transfer of funds; unauthorized margin loan. Unspecified securities $30.36 (compensatory) n/a Punitive damages ($10,000.00) Patricia A. DeWitt (P) n/a Public
12-03195 9/5/2012 3/18/2013 In favor of Claimant Edward D. Jones & Co., L.P. Sarah L. Hobbins not provided Mark G. Vaughan, Esq. Pro se (Sarah L. Hobbins) Failure to pay for stock purchase. Facebook stock $1,723.72 (compensatory) $1,723.72 (compensatory); interest (4.75% per annum); pre-award interest ($57.67); attorneys’ fees ($5,000.00); Reimbursement for filing fee ($350.00) Interest (4.75% per annum from 5/22/12); attorneys’ fees; costs ($350.00) William B. Ross (P) n/a Public
12-03217 1/26/2012 3/28/2013 In favor of Claimant Dr. Judith C. Engelman, M.D. and Mr. Harry J. Rubinoff, a married couple United Securities Alliance, Inc. Phoenix, Arizona Robert D. Mitchell, Esq.; Sarah K. Deutsch, Esq. n/a Negligence; suitability; violation of the Arizona Securities Act; violation of federal securities laws; breach of fiduciary duty; breach of contract; breach of implied duty of good faith and fair dealing; negligent misrepresentation; common law fraud; intentional misrepresentation; failure to supervise. IMH Secured Loan Fund, LLC; Cornerstone Core Properties REIT, Inc. $171,937.27 (compensatory); $100,000.00 (punitive) $94,946.56 (compensatory) Punitive damages ($100,000.00); interest; lost opportunity damages consequential damages; recovery of commissions; costs; attorneys’ fees n/a Paul A. Cash, Jr. (P) Public
09-04414 7/23/2009 4/9/2013 Claims Denied Jeffrey Franklin
Moose Productions Inc. DBPP DTD 1/2/03 Jeff
Franklin TTEE
Moose Productions, Inc. PSP DTD 1/23/84 Jeff
Franklin TTEE
The Jeff Franklin IRA
Oppenheimer & Co. Inc. Los Angeles, California Michael C. Deutsch, Esq.
and John D. Singer, Esq.
Devin A. Donohue, Esq. and
Robert B. Ericson, Esq.
Breach of contract;
Neligence;
Negligent Supervision;
Respondeat Superior; Fraudulent Misrepresentation
Investments in Private Equity Funds, Option Income Funds $3,317,400.00 (compensatory) $1 Punitive Damages; Attorney’s fees;
Interests, Costs; Forum Fees, Sanction; Other relief
Ralph B, Perry, III (P) Michael Hachigian (P)
Paul H. White (NP)
Mixed
09-05316 9/10/2009 4/16/2013 In Favor of Claimant Shahin Aarabi Ameriprise Financial Services, Inc.;
Yousef Jamshidipour
Los Angeles, California Mark T. Hiraide, Esq. Chad E. Weaver,
Esq. and Matthew D. Klafter, Esq., David L. Casteriine, Esq.
Misreprsentations;
Unsuitability of investments;
unauthorized trading;
breach of fiduciary duty;
lack of supervision
purchase of common stock;
preferred stock; variable annuity
$150,000.00 (compensatory)
$350,000.00 (punitive)
$66,356.00 at 10% per annum (compensary);
$1,000 (mediation fees);
$15,000 (expert witness fees); $300 (filing fees); punitive damages denied
Attorney’s fees; Interests; Other Costs Edward A. Trabin (P) Milton N. Gross (P);
Linda L. Drummond (NP)
Mixed
09-05573 9/22/2009 4/2/2013 Claims Denied Norma J. Byer Morgan Stanley & Co. LLC Reno,
Nevada
Thomas C. Bradley, Esq. Melissa M. Muehlfeld, Esq. Professional Negligence;
Breach of fiduciary duty;
Breach of contract;
breach of special duty of trust and confidence
variable annuity contract $180,000.00 (compensary) $1 Punitive damages; Costs; Attorney’s Fees; Other Relief Peter H. Daly (P) Joseph Berzok (P);
Roger T. Verhage (NP)
Mixed
09-07084 9/8/2009 3/11/2013 In Favor of Claimant Ronald Cohen;
Carol Cohen
Alternative Wealth Strategies, Inc; Jeffrey Rachiin;
Gregory T. Kwasnicki
Newark,
New Jersey
Robert I. Rabinowitz, Esq. James C. Gaul;
and Jeffrey Rachiin pro se
Violations of NASD Rule 2310;
Breach of contract;
Breach of Fiduciary duty;
Fraud;
Negligent Misrepresentation;
Violations of New Jersey Securities Act;
Violations of NASD Conduct Rule 2110;
Failure to supervisor
promissory notes $314,000.00 (compensatory) $314,000.00 (compensatory);
$300.00 (filing fees)
rescission; commissionas; punitive; interest; atorney’s fees; costs; and other Relief Abraham Harry Bunis (P) Linda J. Baer Jefftey (P);
Bruce Steinberg (NP)
Mixed
10-00519 2/2/2010 4/12/2013 In Favor of Claimant Harriet L. Silverma;
Michael S. Silverman
Merrill Lynch, Pierce, Fenner & Smith Inc.;
Michael G. Sperlinga
Boston, Massachusetts Dana A. Zakarian, Esq. John K. Weils, Esq. Negligence;
Suitability;
Failure to diversify;
Failure to supervise
municipal bond $282,082.60 (compensary) $82,356.81 (compensatory); interest rate of 2% per annum Attorney’s fees; costs; other relief James R. Collins (P) B. J. Krintzman (P);
Michael L. Letendre (NP)
Mixed
10-01981 4/23/2010 3/24/2013 Claims Denied Kristin Brown;
Scott Haney
Wells Fargo Investments, LLC;
Kevin John Shimota
Minneapolis, Minnesota Samuel Tenenbaum, Esq. Vanessa Hoffman, Esq. breach of fiduciary duty;
negligence;
negligent supervision;
violation of Minnesota Securities Investor Protection Act;
violations of FINRA regulations;
respondeat superior.
various mutual funds; preferred securities; unit investments $33,584.00 (compensatory) $0 attorney’s fees; interest; other costs Leo G. Stem (P) N/A Public
10-02438 5/10/2010 4/19/2013 Claims Denied Benjamin Vinton III Janney Montgomery Scott, LLC Wilmington, Delaware Steven D. Toskes, Esq. Paula Shaffner, Esq. and
Joshua Dutill, Esq.
breach of contract;
breach of fiduciary duty;
Allure to supervise;
negligence and gross negligence; misrepresentations and omissions;
fraud and constructive fraud; violation of NYSE, NASD and/or FINRA Rules;
violation of the state and fedderal securities laws
preferred stock $2,500,000.00 (compensatory) $0 punitive damages; interest; attorney’s fees; other relief Bernard Hemnan (P) Caryl S. Bernstein (P);
Charies C. Fox (NP)
Mixed
10-02565 5/28/2010 4/17/2013 In Favor of Claimant Timothy and Barbara Mclntyre;
Kenneth Ahrens;
Perry DICIemente;
Brad Amundsen;
Mark and Sarah Salvia; Bridget Fletcher and Bob Rastberger
Westrock Advisors, Inc.;
Michael G. Baker
St. Louis, Missouri Albert Watkins, Esq.;
Anthony Bretz, Esq.
Robert A. Giacovas, Esq. Breach of fiduciary duty;
fraud;
fraudulent misrepresentation; negligent omission;
breach of contract;
negligent supervision;
respondeat superior;
violation of Missouri securities laws;
violations of FINRA Rules; violations of the Missouri Merchandising Practices Act;
sale of unregistered and unsuitable investments.
Med-Tech Stocks $135,000.00 (compensatory) $135,000.00 (compensatory);
96,183.24 (interest);
$1,250.40 (other costs);
$72,040.40 (attorney’s fees)
punitive, interest, attorney’s fees, other costs, other non-monetoary relief Anthony J. Soukenik (P) Thomas J. Ray (P)
Christopher J. Janson (NP)
Mixed
11-03220 9/15/2011 4/23/2013 Claims Denied Robert Lee Chandler Morgan Keegan & Company, inc. Memphis, Tennessee Joseph Wojciechowski, Esq. Ryan R. Baker, Esq. misrepresentations and omissions;
breach of fiduciary duty;
negligence;
failure to supervise;
breach of contract;
violation of the Tennessee Securities Act;
violation of the Tennessee Consumer Protection Act of 1970;
violation of conduct rules;
common law fraudulent misrepresentations; vicarious liability.
multi-sector income fund $43,745.23 (compensatory) $0 punitive damages; interest; attorney’s fees; costs; other non-monetary relief Robert Youdelman (P) N/A Public
11-03364 8/29/2011 4/11/2013 Claims Denied Ralph Rugolo Peter Anthony Ferara;
Bruce Jude Guarino;
Rockwell Global Capital, LLC
San Diego, California Lars K. Soreide, Esq., Martin H. Kaplan, Esq., negligence;
breach of fiduciary duty;
negligent supervision;
breach of contract;
fraud
Investments in Simply Fit Holdings $50,000.00 (compensatory) $0 rescission; punitive damages; interest; costs; other non-monetary relief Mark R. Lee (P) N/A Public
11-03426 10/1/2011 4/1/2013 Claims Denied Gerald L. Kahn Chase Investnent Services Corp.;
Vidya Vidhawatee Jaggemauth;
J.P. Morgan Chase Bank, N.A.
New York,
New York
Shiomo G. Dickennan, Esq. Elizabeth M. Hill, Esq., suitability;
churning;
failure to supervise;
fraud in the inducement;
unconscionable contract
unspecified securities $67,944.49 (compensatory) $0 FINRA fees; other damages; other non-monetary relief Lincoln W. Craighead (P) N/A Public
11-03807 9/29/2011 4/5/2013 In Favor of Claimant Robert K. Miller Noble Financial Capital Market Boca Raton, Florida Leonard P. Habenman, Esq. Gregg Breitbart, Esq. suitability;
failure to supervise;
negligence;
breach of fiduciary duty; misrepresentetions;
omissions and selling away
promissory notes $65,000.00 (compensatory) $36,628.00 (compensatory)
$225.00 (fees)
interest; costs; expert fees; forum fees Harvey Alan Blicksilver (P) N/A Public
11-03882 10/7/2011 3/28/2013 Claims Denied John P. McNIven Peter Anthony Ferrara;
Bruce Jude Guarino;
Rockwell Global Capitel LLC
Albany,
New York
Lars K. Soreide, Esq. Martin H. Kaplan, Esq., negligence, breach of fiduciary duty, negligent supervision, breach of contract, and fraud. Investments in Simply Fit Holdings $50,000.00 (compensatory) $0 rescission; punitive damages; interest; costs; other non-monetary relief Stephen P. LaLond (P) N/A Public
11-04066 10/26/2011 4/2/2013 Claims Denied Jagjiwan G. Merchia E*Trade Securities LLC Boston, Massachusetts pro se John Bersin, Esq. and
Meredith Felde Hoffman, Esq.
breach of fiduciary duty;
failure to execute orders;
fraud
Apple stock $22,410.00 (compensatory); $0 interest; punitive damages; damages under the RICO act; other non-monetary relief Susan M. Maloney (P) N/A Public
11-04199 11/4/2011 4/22/2013 Claims Denied Philip Gold Rockwell Global Capital LLC;
Bruce Guarino Peter;
Anthony Ferrara;
Denny P. Darmodihardjo
New York,
New York
Lars K. Soreide, Esq. Martin H. Kaplan, Esq. and
Robyn D. Paster, Esq.
negligence, breach of fiduciary duty, negligent supervision, breach of contract, and fraud. convertible promissory note $50,000.00 (compensatory) $0 punitive damages; interest; attorney’s fees; costs; other non-monetary relief Mitchell S. Friedman (P) N/A Public
11-04202 11/7/2011 3/28/2013 Claims Denied Jo Mayeroff Aaron Capital, Inc.;
Daniel Jay Schaffer
New York,
New York
pro se Gilbert W. Boyce, Esq. manipulation;
misrepresentations/non-disclosures;
omission of facts;
suitability;
unauthorized trading;
failure to supervise;
margin calls;
negligence;
failure to execute
unpsecified securities $54,000.00 (compensatory) $0 attorney’s fees; interest; other costs Joseph J. Arata (P) N/A Public
11-04203 11/4/2011 4/18/2013 Claims Denied Sharon Dunning Michael Myers Columbia,
South Carolina
Russell L. Forkey, Esq. William A. Bryan, Jr., Esq. unsuitability DBSI Promissory Notes $50,000.00 (compensatory) $0 interest; costs Richard E. Miley (P) N/A Public
11-04414 10/22/2011 4/9/2013 Claims Denied James Gerard Oppenheimer & Co., Inc.;
Jeremy Gerald Tintle (third party)
Atlanta,
Georgia
pro se Leo Cogan, Esq., (Oppenheimer & Co.)
and
Jeremy Gerald por se
breach of fiduciary duty;
failure to supervise;
negligence;
misrepresentations;
omission of facts.
Third Party Respondent’s allegedly unauthorized wire transfer of funds from Claimant’s account to set up an investment company. $27,300.00 (compensatory);
$2,500 (attorney’s fees)
$1,961.67 (interest)
$0 filing fees Chandler R. Bridges (P) N/A Public
11-04456 11/29/2011 4/16/2013 Claims Denied Precision Interior Construction Corp. Peter Fenrara;
Bruce Guarino Douglas;
Guarino Rockwell Global Capital LLC
New York,
New York
Lars K. Soreide, Esq. Martin H. Kaplan, Esq. breach of contract;
breach of fiduciary duty;
suitability;
misrepresentation;
omission of facts;
negligence;
negligent supervision;
fraud;
indemnification.
N/A $50,000.00 (compensatory) $0 costs; fees; attorney’s fees; other non-monetary relief Sanford S. Stevens (P) N/A Public
12-00244 1/20/2012 4/17/2013 Claims Denied Samuel Messing Morgan Stanley Smith Barney, LLC Boca Raton, Flordia Nicholas J. Guiliano, Esq. Brian C. Hale, Esq. violation of sections 10(b) and 20(a) of the Securities Exchange Act of 1934;
sale of unsuitable securities;
breach of fiduciary duty;
negligent failure to supervise;
common law fraud.
unspecified securities $75,000.00 (compensatory) $0 interest; attorney’s fees; other non-monetary relief Marc T. Danon (P) N/A Public
12-00957 3/13/2012 4/12/2013 In Favor of Claimant Charles Schwab & Co., Inc. Paul J. McDonough and Ellen McDonough Chicago,
Illinois
Patrick R. Mahoney, Esq. N/A expungement N/A non-monetary relief expungement Other non-monetary relief James F. Carison (P) Donald W. McKenzie (P)
Allan Robert Ettinger (NP)
Mixed
12-01678 5/4/2012 4/11/2013 Claims Denied Ina M. Alexander Morgan Stanley Smith Barney LLC Charlotte,
North Carolina
Johanna S. Fowler, Esq. Gregg P. Garneau, Esq., common law fraud;
breach of fiduciary duty;
negligence
equity stocks $87,500.00 (compensatory) $0 Attorney’s fees; costs; expenses; other non-monetary relief Stephen P. Hoffman (P) N/A Mixed
12-01901 5/16/2012 4/23/2013 In Favor of Claimant Norbert C. Carey PNC Investments;
Douglas Mack Justice
Cleveland,
Ohio
pro se Joseph S. Simms, Esq. claimant alleged that mistake was made
on investment
CD Investment $7,508.56 (compensatory) $4,070.00 (compensatory);
$325 (filing fees)
Jeffrey M. Bain (P) N/A Public
12-01963 5/22/2012 4/29/2013 Claims Denied Robert McReynolds Edward Jones;
George Price
St. Louis, Missouri pro se Javier Chavez, Jr., Esq. unauthorized sale of BMW CDs;
gross negligence;
breach of fiduciary duty;
failure to supervise
CD Investment $3,888.92 (compensatory);
$175.00 (interest)
$0 Andrea U. Calve (P) N/A Public
12-02327 6/18/2012 3/28/2013 In Favor of Claimant Mark D. Bremen Fidelity Brokerage Services LLC Boston, Massachusetts pro se Erin Fair, Esq. failure to disclose relevant infomriation;
misrepresentation
unspecified securities $2,106.00 (compensatory);
$47.39.00 (interest);
$R125.00 (costs)
$1053.00 (compensatory);
$75.00 (filing fee)
N/A Monis S. Getzels (P) N/A Public
12-02735 7/20/2012 4/19/2013 Claims Denied Meltport Pension Trust Janney Montgomery Scott LLC;
Richard Grant Crist;
Kimberiy A. Krapp
Pittsburgh, Pennsylvania James N. Perich, Esq., Carrie L. Cheiko, Esq. and
Janney Montgomery Scott, LLC.
reach of contract;
duty of good faith and fair dealing;
breach of fiduciary duty;
failure to supervise
common stock $320,980.00 (compesatory) $0 interest; attorney’s fees; costs; other non-monetary relief Jeffrey M. Bain (P) N/A Public
12-03147 9/3/2012 4/19/2013 Claims Denied Charles F. Wood Sll Investments, Inc.;
Chad Ryan Barancyk;
Michael Anthony Derosa;
Margaret Rita Glennon;
Diana Remboski;
Alfredo Cantu Ruiz;
Alfredo Marc Ruiz;
Oak Partners, Inc.
Chicago,
Illinois
pro se Nathan Lamb, Esq. nauthorized purchase of a security;
over-concentration of client portfolio;
product suitability;
neglect;
fraud;
deceit;
failure to exercise reasonable care;
failure to observe high standard of professional honor.
corporate bonds $12,184.00 (compensatory);
$31,000.00 (punitive);
$6,600.00 (Interest);
$14,400.00 (costs);
$0 attorney’s fees; other non-monetary relief Tim V. Young (P) N/A Public
12-03186 8/31/2012 4/8/2013 Claims Denied John Genna;
Anna Genna
TD Ameritrade, Inc. Omaha, Nebraska pro se James J. Vihstadt, Esq. failure to pay class action suit monies, breach of fiduciary duty, and indemnification indentity threft from a data breach $5,000 (compnesatory);
$175 (costs)
$0 N/A Kendall C. Reed N/A Public
12-03501 10/3/2012 4/19/2013 In Favor of Claimant Heather Carter Molin Patrick J. Collins, III Nashville, Tennessee Edward S. Zusman, Esq., Salvador M. Hernandez, Esq. claimant expungement request N/A N/A $0 costs and fees Robert F. Saint-Aubin (P) N/A Public
12-03541 10/4/2012 4/5/2013 Claims Denied Lisa T. Davis Michael Thomas Curran;
LPL Financial LLC.
Chattanooga, Tennessee Jennifer G. Uoyd, Esq., Jennifer L. Carpenter, Esq. breach of contract;
failure to supervise;
negligence, breach of fiduciary duty;
misrepresentations.
Architect Variable Annuity $10,775.89 (compensatory);
$425.00 (costs)
$0 Interest; attorney’s fees; other non-monetary relief Leonard E. Benade (P) N/A Public
12-03567 10/4/2012 4/23/2013 Claims Denied Barbara Tunis Ronald Elias;
Ellen Margaret Sayegh
N/A Barbara Tunis pro se Ronald Elias Barsa pro se and
Ellen Margaret Sayegh pro se
breach of fiduciary duty;
failure to supervise;
negligence
unspecified securities $5,652.00 (compensatory) $0 Edward W. IVIorris, Jr (P) N/A Public
12-03595 10/10/2012 4/6/2013 In Favor of Claimant Catherine Haas Ameriprise Financial Services, Inc.;
John Hughes
Minneapolis, Minnesota Catherine Haas pro se Susan E. Sheely, Esq. breach of fiduciary duty;
professional negligenc;
misrepresentation;
material omission of fact;
failure to supervise
unspecified securities $23,462.00 (compensatory) $19,454.00 (compensatory);
5% (interest);
$425.00 (filing fees)
interest; costs; attorney’s fees; other non-monetary relief Alun Hywei Jones (P) N/A Public
12-03613 10/15/2012 4/11/2013 In Favor of Claimant Linda H. Russell;
Linda H. Russell;
Estate of Richand L. Russell
UBS Financial Services, Inc. Harrisburg, Pennsylvania Wendell V. Courtney, Esq., Dan A. Rosenbaum, Esq. correction of documentation unspecified securities $0 $0 N/A James W. Geiger (P) N/A Public
12-03942 10/5/2012 4/23/2013 Claims Denied Marc L. Bachman Morgan Stanley Smith Barney LLC Honolulu,
Hawaii
Marc L. Bachman pro se Brian C. Hale, Esq. breach of contract;
omission of facts
preferred common stock $10,000.00 (compensatory) $0 forum fees; attorney’s fees; witness and production fees; other case related costs Peter H. Daly (P) N/A Public
10-00745 2/16/2010 5/8/2013 Claims expunged John Britt Medley Pointe Captial, Inc. John J. Stapleton Raleigh, North Carolina Michael Fahey, Esq. Aime Dempsey, Esq. and Christopher Van De Water, Esq. Churning; breach of fiduciary duty and unsuitability; conversion; and respondeat superior and negligent supervision. Stock $ 582,215.62 compensatory $0 Punitive damages; Disgorgement of commissions; pre-award New York statuory interest rate of (9) percent Robert T. Allen, Jr. (P) George W. McKellar (P) Michael F. Pearl(NP) Mixed
10-01778 4/14/2010 5/21/2013 In favor of Claimants Louis Bosco, Annette Bosco, The Bosco Family Trust DTD 7/31/96, by its Trustees Louis and Annette Bosco, The Bosco Family Trust DTD 6/25/96, by its Trustees Louis and Annette Bosco, Mary Borowiak, The Mary Borowiak Trust, by its Trustee, Mary Borowiak, Michael Borowiak, Richard Rubel, and Diane Rubel Community Bankers Securities, LLC,; Waterford Investor Services, Inc., George J. Gilbert; AIC, Inc.; Nicholas D. Skaltsounis; James Marvin Mitchell Chicago, Illinois W. Scott Greco, Esq. Steven S. Biss, Esq. Securities fraud, and common law fraud securities recommended and purchased were unsuitable under Illinois law; federal law and FINRA conduct rules; failure to conduct proper due diligence on recommended product; negligence; breach of fiduciary duty; violation of the Illinois Consumer Fraud deceptive Practices Act; breach of contract; and firm and controlling persons liability Private placement of Medical Capital LLC and Share Royalties $ 1,227,638.22 compensatory The Bosco Family Trust DTD 6/25/96 $600,000.00; Michael Borowiak $28,000.00; Mary Borowiak $376,000.00; Richard and Diane Rubel $196,000.00 Punitive damages; interest (10% per annum); attorneys’ fees ($400.000.00); other costs ($7,500.00); other monetary relief Michael S. Jordan (P) James F. Carlson (P) Steven P. Gomberg (NP) Mixed
10-02089 4/29/2010 5/23/2013 In favor of Claimants Edmund Balisciano, Jr.; Denise Blisciano GunnAllen Financial, Inc.; Kevin Christian Daniels; Donald James Gunn, Jr.; John H. Skyes; John Michael Winter; James michael Rapuano, Jr. Hartford, Conneticut Howard M. Rosenfield, Esq. David H. Jarvis, Esq.; Bruce W. Barnes, Esq.; James Stroker, Esq.; pro se (John Michael Winter); GunnAllen, Michael Rapuano, Jr. No appearances Breach of contract; breach of fiduciary dut; suitability; misrepresentation; omission of facts; fraud; conversion; recklessness; failure to supervise; respondeat superior; violations of the securities Exchange Act of 1934, Connecticut Uniform Secruities Act, and the Deceptive Trade practices Act. Unspecified Securities between $50,000.00 and $100,000.00 compensatory $53,093.00 compensatory Costs; punitive damages; reasonable attorneys fees ($26,626.00); Interest (8% per annum) Brian J. Dunn (P) n/a Public
10-03527 5/5/2010 5/13/2013 Expunged Lawrence Tanowitz Wells Fargo Advisors, LLC f/k/a Wachovia Securities Atlanta, Georgia Neil Solomon, Esq. Deirdre Wolff, Esq. Breach of fiduciary duty; misrepresentations/non-disclosures; omission of facts; unsuitability; breach of contract; negligent supervision; and negligence. Unspecified equities; Exchange Traded Fund $300,000.00 compensatory $0 pre-judgment interest; attorneys’ fees; costs; punitive damages Sabrina Raquel Scott (P) Daniel I. MacIntyre (P); Dimitri Angelo Dodys (NP) Mixed
11-00747 2/18/2011 5/9/2013 Claims denied Ben Karmel Clark Dodge & Co., Inc. Philadelphia, Pennsylvania pro se Brian J. Davis, Esq. Fraud, unsuitabilit; negligent isrepresentation; breach of fiduciary duty; breach of the covenants of good faith and fair dealing; negligent supervision; and respondeat superior. Unspecified securities $100,000.00 compensatory $0 costs John James McGovern, Jr. (P) n/a Public
11-02134 5/31/2011 5/1/2013 Expunged Paul and Veronica Pinchuk David Lerner Associates, Inc. Hartford, Conneticut Stephany D. McLaughlin, Esq. Michael Shannon; Joseph Pickard Violations of the Connecticut Uniform Securities Act; Breach of conract; breach of fiduciary duty, negligence, negligent misrepresentation, failure to supervise, and respondeat superior Apple REIT securities not less than $50,000.00 punitive $0 Recission; interest; costs; attorneys’ fees; Bennett A. Hall (P) n/a Public
11-03097 8/8/2011 5/14/2013 Claims denied Garret Wyckoff and Judy Wyckoff joint Tenants Garret Wyckoff IRA LPL Financial LLC New York, New York Howard W. Hirschhorn, CPA Kristen Patzer Esq. Brad Jacobs Esq. Breach of fiduciary duty; Omission of Facts; breach of contract; negligence; failure to supervise; and violation of FINRA Rules Mutual Funds $157,035.00 compensatory $0 Representation fees; legal fees; expert fees; interest Edward W. Morris, Jr. (P) Ilyse Roberts Levison (P); Morton S. Bunis (P) public
11-03244 8/19/011 5/31/2013 Expunged Robert Adams UBS Financial Services, Inc. Ft. Lauderdale, Florida Jeffrey Erez, Esq. Randi Perry Spallina, Esq. Breach of fiduciary duty; negligence; negligent supervision; fraud; and breach of contract. Lehman Brothers Autocallable Optimization Note $50,000.00 compensatory; $100,000.00 punitive $0 interest; costs Monica I. Salis (P) n/a public
11-03445 9/7/2011 5/31/2013 Expunged Louis J. Alimena; TTEE, Louis Alimena Dec. of Trust, DTD 12/10/1996 Michael Scott Barron Boca Raton, Florida William H. Champlin, III, Esq. Coren H. Stern, Esq. Misrepresentations; negligence; breach of fiduciary duty; breach of contract; failure to supervise; unsuitability Lehmon Brothers Holdings; Citigroup; Ashford Hospital securities $775,000.00 compensatory $0 interest; costs; FINRA hearing session fees; attorneys’ fees; witness and production fees David M. Levine (P) Martin M. Van Luven (P); Sidney Turner (P) public
11-03532 9/10/2011 5/29/2013 Claims denied Leroy Martinez Charles Schwab & Co., Inc. Albuquerque, New Mexico pro se Athony L. Valenzuela, Esq. Breach of contract; negligence; failure to supervise; failure to execute trades TeleBroker trading activity $62,172.00 compensatory; $37,000.00 punitive $0 n/a Thaddeus J. Tecza (P) n/a public
11-04063 10/24/2011 5/24/2013 Expunged Steven Mink Rockwell Global Capital LLC; Peter Ferrara; Bruce Guarino Augusta, Maine Lars K. Soreide, Esq. Robyn D. Paster, Esq. Negligence, breach of fiduciary duty; negligent supervision; breach of contract; fraud Simply Fit Holdings Group, Inc. note $25,000.00 compensatory $0 interest; recission; punitive; costs Robert J. Ambrogi (P) n/a public
11-04165 11/3/2011 5/28/2013 Expunged Douglas Ray Cheek D/P/A for Bobby Cheek Denny P. Darmodihardjo; Peter Anthony Ferrara; Bruce Jude Guarino; Rockwell Global Capital, LLC Charlotte, North Carolina Lars K. Soreide, Esq. Martin H. Kaplan, Esq.; Robyn D. Paster, Esq. Negligence, breach of fiduciary duty; negligent supervision; breach of contract; fraud Simply Fit Holdings Group, Inc. investment $100,000.00 compensatory $0 interest; costs; rescission; punitive Patricia Ann Tracey (P) n/a public
11-04357 11/21/2011 5/9/2013 In favor of Claimant Process Engineering Services, Inc. Charles Morgan Securities, Inc. Boston, Massachusetts Michael E. Fasci Christopher P. Milazzo, Esq. Breach of contract; breach of fiduciary duty, misrepresentation; omission of fact Private placement in Emerald Communications, Inc. $25,000.00 compensatory; $50,000.00 punitive $25,000.00 compensatory; $12,084.00 interest; $225.00 filing fee $16,364.00 interest; attorneys’ fees $1,250.00; $975.00 costs Robert v. Deiana (P) n/a public
11-04746 12/21/2011 5/22/2013 In favor of Claimant Rene Mamouzellos James Rapuano; Sean Nesto; Joseph Brian Lascala; Frank Lee; Acumen Investment Services Boston, Massachusetts Robert V. Cornish, Jr. pro se (Sean Nesto); Richard J. Babnick, Jr. Esq.; No appearance (James Rapuano) Fraudulent misrepresentation; fraud; deceit; aiding & abetting; negligent supervision; negligence; breach of contract; violations of Massachusetts Consumer Protection Laws; unjust enrichment; breach of fiduciary duty Mutual Funds; Common Stocks $23,000.00 compensatory; $70,000.00 punitive $2,282.12 compensatory; interest (6% per annum) attorneys’ fees; expert witness fees; costs Gene M. Bauer (P) n/a public
12-00037 12/30/2011 5/28/2013 Expunged Estelle Kranzberg; Morris Kranzberg Denny P. Darmodihardjo; Peter Anthony Ferrara; Bruce Jude Guarino; Rockwell Global Capital, LLC Boca Raton, Florida Lars K. Soreide, Esq. Martin H. Kaplan, Esq.; Robyn D. Paster, Esq. Negligence; breach of fiduciary duty; negligent supervision; breach of contract; fraud Simply Fit Holdings Group, Inc. convertible promissory notes $50,000.00 compensatory $0 interest; costs; rescission; punitive; counterclaim Richard S. Zaifert (P) n/a public
12-00211 1/22/2012 5/17/2013 Claims settled John Accardi Charles Schwab & Co., Inc.; David Lawrence Hess; Robert Endre Oberlander Los Angeles, California pro se ( John Accardi); Audette P. Morales, Esq. Misrespresenting degree of risk; unsuitability; shares in Scwab CA Tax Free Yield Plus FD (SWYCK) $50,000.00 compensatory; $0 $5,000.00 costs; formal apology Robert Dean McKinley n/a public
12-00242 1/20/2012 5/13/2013 Claims denied Robert D. Hall, DDS; Linda A Hall, RN Morgan Stanely Smith Barney; Gary Stephen Klem Philadelphia, Pennsylvania pro se Susan Poder MacFarlane, Esq. Failure to follow instructions; failure to limit losses Bond funds $75,346.00 compensatory $0 costs Peter A. Scarpato (P) n/a public
12-00495 2/6/2012 5/15/2013 Claims denied John and Catherine Trammell Wells Fargo Advisors, LLC F/K/A Wachovia Securities, LLC Orlando, Florida V. Michael Arias, Esq. Demian J. Betz, Esq. Breach of fiduciary duty; breach of contract; unsuitability; negligence and gross negligence; fraud; ommissions of material facts; unauthorized trading; failure to supervise various securities $25,527.50 compensatory; $50,000.00 punitive; $10,529.88 interest $0 forum fees; costs; expert witness fees Jack A. Helms n/a public
12-00835 3/2/2012 5/10/2013 Expunged Kenneth Magida, Trustee of the Supplemental Needs Trust and Guardian of the Porperty Management for Jamie Corrao Citigroup Global Markets, Inc.; Morgan Stanley Smith Barney New York, New York Elizabeth Goldman, Esq. Joseph L. Calabrese, Esq. Unsuitabilty; breach of contract; negligence; fraud; failure to supervise; respondeat superior Fannie Mae stock $57,048.00 compensatory $0 interest (9% per annum); punitive; attorneys’ fees; costs Carolyn A. Mann (P) n/a public
12-01093 3/21/2012 5/8/2013 In favor of Claimant Stephen Picarello for Katherine Montesano Citigroup Global Markets, Inc.; lauro Santos Reyes n/a Elizabeth Kramer Alex J. Rosenthal, Esq. Unsuitability; breach of fiduciary duty; breach of contract; misrepresentation; fraud; respondeat superior; negligence; failure to supervise ING Golden Select Deferred Variable Annuity $17,480.21 compensatory $17,480.21 compensatory; $200.00 costs attorneys’ fees; costs Joseph C. Watson (P) n/a public
12-01383 4/12/2012 5/17/2013 In favor of Claimant Harvest & Rowe, Inc. Retirement Plan Charles Schwab & Co., Inc.; Allison Rowe San Francisco, California Brett A. Alcala, Esq. Anthony L. Valenzuela, Esq. Breach of contract; breach of fiduciary duty; fraud; negligent misrepresentation; failure to supervise; respondeat superior; violation of state and federal securities laws and FINRA Rules of fair practice Janus opportunistic Core managed account $98,039.35 compensatory $17,384.00 compensatory interest; attorneys’ fees; costs Nick G. Tarlson (P) n/a public
12-01624 3/26/2010 5/16/2012 Claims dismissed Seymour Topple Steven Andrew Jennings New York, New York Timothy Feil, Esq. pro se Breach of conract; breach of fiduciary duty; suitability; misrepresentation; omission of facts; violation of Rule 10b-5; fraud; negligence; negligent misrepresentation; violation of FINRA Rules; respondeat superior Unspecified Securities $441,000.00 compensatory; $100,000.00 lost opportunity $0 interest; costs; attorneys’ fees Martin Jay Siegel (P) Mary Ellen Burns (P); Richard Bryce Nesson (NP) Mixed
12-01838 5/12/2012 5/22/2013 Claims denied Christopher Grabowski TD Ameritrade, Inc. n/a pro se Hollie M. Mason, Esq. Fraud; wrongful or criminal deception shares of Bancorp International Group, Inc. $1,000.00 compensatory; $1,000.00 punitive $0 return of stock Seth H. Barsky n/a public
12-01907 5/22/2012 5/15/2013 In favor of Claimant Nicholas A. Nayak TD Ameritrade, Inc. Chicago, Illinois Peter J. Berman, Esq. William M. Mann, Esq. Auction failures Nuveen Auction Rate Securities $898,165.00 consequential $20,648.00 consequential costs; attorneys’ fees G. Marshall Abbey (P) n/a public
12-02424 8/13/2012 5/23/2013 In favor of Claimant Staffan Hallerdt Robert Andrew Degraw; Robert James Capital, LLC New York, New York Andrew P. Saulitis, Esq. no appearance Failure to transer and deliver stock; conversion Blue Star Entertainment Technology Stock $8,300.00 compensatory $8,300.00 compensatory; interest (9% per annum) n/a W. Alexander Melbardis (P) n/a public
12-02448 6/29/2012 5/20/2013 Expunged Melvin J. Schiebel Trust; Melvin J. Schiebel Mark Douglas Bachman; Michael Keith Butterfield; Edward Jones; Edmond R. Lynch; Ronald Thane Thalman Phoenix, Arizona Melvin J. Schiebel Javier Chavez, Jr., Esq. Failure to train advisors unspecified securities $45,831.32 $0 n/a Katherine M. Harmeyer (P) n/a public
12-02649 7/19/2012 5/1/2013 Expunged Sean Mark Fetterman Karin Fowler Boca Raton, Florida Jonathan C. Schwartz, Esq. Bradford Gucciardo, Esq., Wrongful recording of information Central Registration Depository record Expungement of CRD record $0 n/a Bruce K. Isenberg (P) n/a public
12-02710 7/23/2012 5/17/2013 In favor of Claimants Gabriel and Mary T. Frangione JTTENWROS RBC Capital Markets LLC; Edward John Buecker n/a pro se Patrick J. Howley, Esq. Misrepresentation Fannie Mae preferred stock $21,000.00 compensatory $15,061.00 compensatory $425.00 interest Louis h. Miron (P) n/a public
12-03061 8/24/2012 5/15/2013 Claims dismissed Robert L. Timken Wells Fargo Advisors, LLC; Lucas Glass St. Louis, Missouri pro se Michael Naccarato, Esq. Breach of fiduciary duty; misrepresentations; omissions; failure to supervise shares in S&P Managed Futures Index Fund Limited Partnership $60,000.00 compensatory $0 n/a Paul Lansing (P) n/a public
12-03263 9/13/2012 5/23/2013 Claims dismissed Peter K. Siewert, IRA; Marylyn Siewert, Custodian for Michael Bellotti and Marylyn Siewert, Custodian for Zachary Rickenbach Morgan Stanley Smith Barney n/a pro se Timm A. VerDuin, Esq. Unsuitable investments HEQ and Wells Fargo bonds $10,000.00 compensatory $162.50 filing fee attorneys’ fees; costs Frank R. Weaver (P) n/a public
12-03463 9/25/2012 5/31/2013 Expunged Joanna N. Sobran, IRA Julie Marie Casserly n/a Ronald M. Amato, Esq. Peter W. Howell, Esq. Violations of the Illinois Consumer Fraud and Deceptive Business Practices Act; breach of fiduciary duty; negligence; negligent misrepresentation Florida Capital Real Estate Partners $30,000,00 Compensatory $0 interest; attorneys’ fees; costs; rescission Raymond P. Buachmann (P) n/a public
12-03671 10/22/2012 5/23/2013 In favor of Claimant Barclays Capital Inc. David Konsky d/b/a Forest Advisors New York, New York Barry S. Gold, Esq., David Konsky Breach of contract; failure to settle debit balance debit balance $96,937.50 compensatory $96,937.50 compensatory; interest (9% per annum); $13,139.00 accrued interest; $39,742.15 attorneys’ fees; $9,875.00 costs interest; late charges; costs; attorneys’ fees David Finnegan (P) n/a public
12-03748 11/2/2012 5/28/2013 Claims denied Frederick E. Kaiser Fidelity Brokerage Services LLC n/a Michael S. Hill, Esq. John Starnes, Esq. Negligence; breach of fiduciary duty HIG stock $37,317.16 compensatory $0 interest; costs Phyllis Karasov (P) n/a public
12-03904 11/8/2012 5/30/3013 Claims denied Kantilal P. Desai TD Ameritrade, Inc. n/a pro se James J. Vihstadt Failure to transfer funds; wrongfully transferred funds Red Hat stock and options $36,284.00 compensatory; $0 $600.00 costs William M. Lamoreaux (P) n/a public
12-03920 11/8/012 5/13/2013 In favor of Claimants Jerret Brantley; Pauline Rhiney; Dean Wiltshire JHS Capital Advisors, LLC; MetLife Securities Inc.; Sagepoint Financial, Inc.; Robert Henry Van Zandt New York, New York Adam J. Gana, Esq. Stacy Costner, Esq. (JHS Capital Advisors, LLC); John C. Kelly, Esq. (MetLife Securities Inc.); Justin Sacca, Esq. (SagePoint Financial, Inc.); no appearance (Robert Henry Van Zandt) Failure to supervise; negligent or intentional misstatements; respondeat superior; unsuitability; breach of fiduciary duty; fraud; breach of the duty of fair dealing; negligent or fraudulent misrepresentations and omissions; violation of New York General Business Law Section 349 Van Zandt notes $128,835.54 compensatory $52,762.16 compensatory; interest (.35% per annum) interest; attorneys’ fees; costs; punitive Gregory J. Getz (P) n/a public
12-03930 11/17/2012 5/29/2013 Claims dismissed Fred J. Hingel Princor Financial Services Corporation; Brian John Forneris Pittsburgh, Pennsylvania pro se Rebecca Rothman, Esq. Decrease in value of 401K after transfer 401K plan $2,219.97 compensatory $0 $75.00 costs John W. Eicheleay, Jr. (P) n/a public
12-04120 12/3/2012 5/21/2013 In favor of Claimants Richard Manulkin; Judith Manulkin Morgan Stanley Smith Barney n/a Alan R. Perry, Jr., Esq. Chan Nam, Esq. violation of Florida Securities Act, breach of fiduciary duty, duty; breach of contract; negligence; unsuitability; failure to supervise; respondeat superior General Maritime Corp. stock $45,000.00 compensatory $45,000.00 compensatory; $19,078.46 interest; $19,078.46 pre-interest; post- interest; attorneys’ fees; costs Lita S. Menkin (P) n/a public
09-06998 12/16/2009 6/18/2013 In favor of Repsondent Burton Langer Charles Schwab & Co., Inc.; Matthew Weitzman; Susan Weitzman (Third Party Respondents) New York, New York Ross B. Intelisano, Esq. Frank J. Cuccio, Esq.; Barry R. Lax, Esq. (Third Party Respondent) Breach of contract; negligence; breach of fiduciary duty; unautherized transfers; fraud. Unspecified securities $8,409,694 (compensatory) $2,750,000; plus interest at the rate of 9% per annum from the date of the award is paid in full. Interest rate of 9% per annum; unspecified; attorney’s fees; costs. Mark Mendley (P) Michael S. Lazan (P); Michael Peter Yahr(NP) Mixed
10-01194 3/10/2010 6/25/2013 In favor of Claimant United Micronesia Development Association, Inc. Sanders Morris Harris Inc., formerly known as SMH Capital, Inc.; James Robert Davis; Wells Fargo Advisors, LLC (as successor-in-interest to Wachovia Securities, LLC). Honolulu, Hawaii Robert J. O’connor, Esq.; Scott I. Batterman, Esq. Sanders Morris Harris Inc. (Peter B. Wells, IV, Esq; Andrew R. Harvin Esq.; Ben Suter Esq.); Wells Fargo Advisors, LLC (Will S. Montgomery, Esq.; Jason P. Reinsch, Esq.); Negligence; breach of fiduciary duty; unsuitability (First Claim); Breach of fiduciary duty; unsuitability; respondeat superior/failure to supervise; breach of contract; breach of duty and negligence; violation of the Consumer Protection Act of 1989 (Second Claim). Mutual funds in Gas exploration companies (GeoGlobal Resources, Inc; BPZ Resouces, Inc.) $4,100,000 (compensatory) $100,000 (compensatory) cost’s; fees, and expenses Tobin B. Swanson (P) Carol M. Egan (P); Elmo E. Wedderburn (NP) Mixed
10-01289 3/16/2010 6/27/2013 In favor of Claimant Clara Garret Emerlad Investments, Inc.; Wills S. Henriquez New York, New York Pro se; Previously represented by Benjamin Lapin; Mitchell Markowitz Emerald Investments, Inc: Robert Mitchell; Previously represented by Kevin S. Koplin Esq; Wills S. Henriquez (pro se) Unsuitable investments; false/misleading statements; fraud; negligent misrepresentation; breach of fiduciary duty; breach of the covenants of good faith/fair dealing; negligent supervision; breach of conduct; violations of Section 20 of the 1934 Act; respondeat superior. Fannie Mae; AIG stock >$100,000 (compensatory) $30,115.85 (compensatory damages); $4,291.53 (interest); 3% annum on total award until award paid in full. Costs relating to expert witness fees; transcripts; analysis. Ted M. Rosen (P) N/A Sole Public Arbitrator
10-03339 7/22/2010 6/25/2013 Claims denied Lorraine Johnson Wells Fargo Advisors, LLC New Orleans, Louisiana Benjamin Lapin Andrew R. Park, Esq Fraud; negligent misrepresentation; breach of fiduciary duty; breach of the covenants of good faith/fair dealing; negligent supervision; breach of conduct; violations of Section 20 of the Securities Exchange Act of 1934; respondeat superior. Stocks in Emulex; Rite Aid; Ebay; Generex Biotech; Glatfelter; ING Real Estate Fund; unspecified bank accounts $130,000 (compensatory) $0 Costs relating to expert witness fees; transcripts; analysis. Jeffery Ackerman (P) Clave E. Gill, III (NP) Mixed
10-04105 9/10/2010 6/7/2013 Claim denied (Inversiones Interven, Ltd); Claims senied (Rosemarie Barry); In favor of Respondents (James A. Barry, Jr.; Barry Financial Group, Inc.) Carol and Robert Armstrong as Co-Trustees of the Carol L. Armstrong Trust; Eileen R. Banks Needleman Revocable Trust; Inversiones Interven, Ltd.; Judith Styron James M. Barry; Rosemarie Barry; James A. Barry, Jr.; Barry Financial Group, Inc. Boca Raton, Florida Gregory Tendrich, Esq (Eileen R. Banks Needleman Revocable Trust; Judith Styron); Scott L. Silver, Esq (Carol and Robert Armstrong as Co-Trustees of the Carol L. Armstrong Trust); Robert H. Fernandez, Esq (Inversiones Interven, Ltd) Allan M. Lerner, Esq; Robert L. Jennings, Esq (Rosemarie Barry; Barry Financial Group, Inc.; James A. Barry, Jr.); James D. Sallah, Esq (James M. Barry) Appraisal; fair value demand; breach of fiduciary duty; negligence; unsuitable investments; unauthorized transactions; gross negligence. Barry Holdings, Inc. (shares) $3,050,000 (compensatory) $0 “Fair value” of shares; interest; unspecified punitive damages; attorney’s fees; costs Mark A. Buckstein (P) N/A Sole Public Arbitrator
10-04327 9/22/2010 6/18/2013 In favor of Claimant Raveen Arora; Marguerite Arora; The Arora Family Trust Citigroup Global Markets, Inc.; Morgan Stanley Smith Barney, LLC; Chuck A. Roberts Los Angeles, California Gerard P. Fox William A. Hohauser, Esq Fraudulent misrepresentation; fraudulent concealment; breach of contract; breach of fiduciary duty, unsuitability; professional negligence. Apollo Commercial Real Estate; IPO (Verso Paper Corp., Ironwood Partners II L.P.); use of margin credit $211,221.00 (compensatoy; amended) $185,848 (Chuck A. Roberts liable in compensatory); interest at 10% per annum from 6/14/2010 until dat of service of the award; $16,380 (respondents liable in compensatory); nterest at 10% per annum from 5/14/2008 until dat of service of the award; $2,800 (costs) Actual trading loses; other compensatory; actual; unspecified punitive damages; costs; attorney’s fees. Herbert Murez (P) Thomas R. Watkins (P); Karen J. Burneff (NP) Mixed
11-02024 5/20/2011 6/14/2013 Claims denied Mark Francis TD Ameritrade, Inc. New York, New York Pro Se Hollie M. Mason, Esq Unauthorized transfer of funds. Unspecified securities $31,500 (compensatory) $0 Interest; attorney’s fees Elliot Berman (P) N/A Sole Public Arbitrator
11-03725 9/21/2011 6/18/2013 Claims denied Laurent J. La Brie Scott Allan Cornett; TD Ameritrade, Inc. Baltimore, Maryland Andrew L. Jiranek, Esq Hollie M. Mason, Esq Breach of contract; errors/charges; negligence; transfer; misappropriation; commingling of funds; breach or fiduciary duty; misrepresenations; ommision of facts; violation of Maryland Code Section 10-402. UDR, Inc (Put Contracts of shares) $15,173.94 (compensatory) $0 interest at 1% per annum; $2,479.09 (attorney’s fees; costs) Douglas Earl McLaren (P) N/A Sole Public Arbitrator
11-03745 9/26/2011 6/11/2013 Claims settled Harry Bishop UBS Financial Services, Inc. Columbia, South Carolina Jeffrey R. Sonn, Esq Randi Perry Spallina, Esq Breach of fiduciary duty; negligence; negligent supervision; fraud; breach of contract. Lehman Brothers Bond (Claimant’s IRA) $100,000 (plus interest; compensatory) N/A Unspecified punitive damages; costs. Robert T. Allen, Jr. (P) N/A Sole Public Arbitrator
12-00187 1/13/2012 6/14/2013 Claims denied Henry F. Hansen, Individually and on Behalf of his IRA, Annuity, and Non-IRA Accounts UBS Financial Services, Inc. Boca Raton, Florida D. Daxton White, Esq Randi Perry Spallina, Esq Violation of common law fraud; breach of fiduciary duty; negligent failure to supervise; negligence. withdrawal of funds from Transamerica variable annuity $98,000 (plus interst; compensatory) $0 Costs Steven Gerard Goerke (P) N/A Sole Public Arbitrator
12-00340 2/1/2012 6/18/2013 In favor of Claimants Steven Constantino IRA; Steven Constantino Joint Account Ferris Baker Watts, LLC; Joseph P. Starr Cleveland, Ohio Jonathan Earl Rosenbaum, Esq Carolyn Guy, Esq; Donald S. Arbour, Esq; Joseph P. Starr (did not appear) Breach of fiduciary duty; negligence; failure to supervise; fraud; violations of securities regulations. Unspecified securities $42,197 (Actual/Compensatory) $15,000 (compensatory); $225 (costs) $11,306 (attorney’s fees); $7,200 (expert witness fees); $139 (miscelaneous) Kathleen Helbig-Hannan (P) N/A Sole Public Arbitrator
12-00694 2/23/2012 6/20/2013 In favor of Claimant Michael Harris Morgan Stanley Smith Barney, LLC New York, New York Christine Lazaro, Esq Gregg Garneau, Esq Misrepresentations; negligence; unsuitability; breach of fiduciary duty; failure to supervise Fannie Mae (8.25% non-cumulative preferred stock; Series T) $48,300 (compensatory) $48,300 (compensatory) $9,061.21 (interest) Charles Kleinbaum (P) N/A Sole Public Arbitrator
12-01578 4/27/2012 6/25/2013 Claims denied Edith G. Soloway Morgan Stanley Smith Barney New York, New York Lawrence B. Goldberg, Esq Joseph Calabrese, Esq Failure to follow instructions; breach of fiduciary duty Unspecified securities $35,732.25 (compensatory) $0 $11,910.75 (Attorney’s fees); $600 (Forum Fees) Nancy Kramer (P) N/A Sole Public Arbitrator
12-02509 7/2/2012 6/20/2013 Claims denied Richard Charles Shepard Merrill Lynch, Pierce, Fenner & Smith, Inc. N/A J.A. Kiernander Regina Pepe Martorana, Esq Failure to operate an agreed stop loss policy; breach of fiduciary duty; breach of contract Mutual fund investments $50,000 (compensatory) $0 $0 Allan E. Johnson (P) N/A Sole Public Arbitrator
12-02957 8/15/2012 6/24/2013 In favor of Claimant Helen S. Hall Ameriprise Financial Services, Inc. Orlando, Florida Thomas F. Shine Susan E. Sheely, Esq Suitability; breach of fiduciary duty; negligence; common law fraud; fraudulent inducement; breach of contract John Hancock Venuture III (annuity) $10,753 (compensatory) $10,753 (compensatory); 4.75% interest rate per annum until payment; $825.15 (pre-judgment interest); attorneys fees; $78.81 (costs) $425 (filing fees); unspecified hearing session fees; pre-judgment interest from 6/17/2011; post judgment interest; costs; attorney’s feed Gayle B. Carlson (P) N/A Sole Public Arbitrator
12-03039 8/19/2012 6/4/2013 In favor of Claimant Paula Skufca Maar TD Ameritrade, Inc. N/A Andrew J. Maar James J. Vihstadt Misrepresentations AT&T (stock; dividends) $5,280 (compensatory) $5,280 (compensatory); $325 (FINRA fee reimbursement) Specific performance (deposit dividends); unspecified costs William M. Lamoreaux (P) N/A Sole Public Arbitrator
12-03484 10/1/2012 6/4/2013 Claims denied Meghan Rodgers FSC Securities Corporation N/A W. Scott Greco, Esq Kate E. DiGeronimo, Esq Breach of contract; negligence; failure to supervise; breach of fiduciary duty; misrepresentation; unauthorized trading; suitability Unspecified stock $38,561 (compensatory) $0 10% interest from 3/1/2011 per annum untill time of payment; unspecified punitive damages; costs; attorney’s fees Christopher M. McMurray (P) N/A Sole Public Arbitrator
12-03516 10/5/2012 6/6/2013 In favor of Claimant Frank D. Husson, Jr. Brookville Capital Partners N/A pro se Robert M. Bursky, Esq Misrepresentations; manipulation; deception about price predictors; unethical; dishonest business practices Verizon; Scientific Games (stock) $13,507 (compensatory) $12,576.78 (compensatory); 10% interest per annum from 4/13/2011 to date of award; $425 (FINRA fee reimbursement) Unspecified interest; $425 (costs) Michael D. Briggs (P) N/A Sole Public Arbitrator
12-03561 10/10/2012 6/18/2013 Claims denied Emil Sasha; V.S. Sasha Revocable Living Trust UAD E*Trade Securities, LLC; J.P. Morgan Invest, LLC; J.P. Morgan Chase N/A pro se Merideth Felde Hoffman, Esq (E*Trade Securities, LLC); J.P. Morgan Invest, LLC (no appearance); J.P. Morgan Chase (no appearance) Incorrect exchange of shares Globalstar LP Bonds $16,787 (compensatory) $0 $8,000 (punitive); $8,000 (interest); $425 (costs); $50 (other) Saul Scheier (P) N/A Sole Public Arbitrator
12-03667 10/15/2012 6/18/2013 Claims denied International Financial Solutions, Inc. Mahesh Agashiwala; Loma Agashiwala N/A Joel R. Beck, Esq Rejan K. Pillai, Esq Breach of contract; unjust enrichment Facebook, Inc. (shares) $18,359 (compensatory) $0 Unspecified interest; unspecified attorney’s fees; unspecified costs; unspecified other Annette B. Meyers (P) N/A Sole Public Arbitrator
12-03669 10/18/2012 6/7/2013 Claims denied Ara Hisarliyan E1 Asset Management, Inc. N/A Marc Fitapelli, Esq Charles M. O’Rourke, Esq Breach of fiduciary duty; fraud; unsuitability; breach of contract; negligent supervision; violations of FINRA conduct rules Fannie Mae; AIG; Green Mountain Coffee (investments) $45,000 (compensatory) $0 Unspecified interest; unspecified attorney’s fees; unspecified costs; unspecified other Michael H. DuBoff (P) N/A Sole Public Arbitrator
12-03716 10/24/2012 6/6/2013 Claims denied Thomas John Bartholomew Charlotte Stone; Lindsey H. Perry, Lindsey H. Perry, Jr. and William McCurry as Co-Trustees of the Bernard M. Stone Irrevocable Trust A, u/a/d January 10, 1996 f/b/o Charlotte Stone Tampa, Florida Robert K. Jamieson, Esq; Peter King, Esq Robert H. Rex, Esq Factually impossible; clearly erroneous information appears in Central Registration Depository (“CRD”) records stemming from a separate arbitration claim (FINRA Dispute Resolution Case Number 10-03629); unsuitability Unspecified securities $1 (compensatory) $0 N/A William F. Glasser, Jr. (P) N/A Sole Public Arbitrator
12-03786 11/5/2012 6/27/2013 Claims denied Francis Moffitt Traynor, Jr. Schaedle Worthington Hyde Properties, LP Atlanta, Georgia Matthew J. Gilligan, Esq Pratt H. Davis, Esq Erroneous information appears on claimants’ Central Registration Despository (“CRD”) records stemming from a separate arbitration claim (FINRA Dispute Resolution Case Number 09-03769) RMK Select Intermediate Bond Fund (investment shares) $0.00 Expungement of all references to arbitration Expungement of all references to FINRA Dispute Resolution Case R. Van Young (P) N/A Sole Public Arbitrator
12-04102 11/29/2012 6/5/2013 Claims denied Thomas F. Dolan, Jr. Morgan Stanley Smith Barney N/A pro se Chan Nam, Esq Overcharging; failure to void trade Maryland bonds $4,204 (compensatory) $0 $4,204 (punitive); $325 (costs) John C. Yeoman, Jr. (P) N/A Sole Public Arbitrator
12-04183 12/6/2012 6/7/2013 In favor of Claimants Darrell Swearingen; Carol Swearingen Royal Alliance Associates, Inc.; Jeffrey Cannella; Michael Washington Jones; Carl Vandenburg N/A Joshua Kons, Esq Greg Curley, Esq (Royal Alliance Associates, Inc.; Jeffrey Cannella); Michael Washington Jones (pro se); Carl Vandenberg (pro se) Unsuitability; breach of fiduciary duty; intentional/negligent misrepresentation; negligence; gross negligence; reckless/willful misconduct; breach of contract; breach of implied covenant of good faith/fair dealing; failure to supervise; violation of federal securities laws; FINRA rules of fair practice; Wisconson common law Unspecified securities $45,500 (compensatory) $25,000 (Carl Vandenburg shall pay compensatory plus legal interst per annum from May 5, 2011 until award is paid in full); $300 (FINRA fee reimbursement) Unspecified interest; unspecified disgorgement; restitution of all earnings; attorney’s fees; costs Christine C. DeMoss (P) N/A Sole Public Arbitrator
13-00099 1/10/2013 6/28/2013 Claims denied Sheila Schweky as Power of Attorney for Moses Tawil Wells Fargo Advisors, LLC N/A Benjamin Lapin, Esq Deirdre Wolff, Esq Fraud; negligent misrepresentation; breach of fiduciary duty; breach of the covenants of good faith; fair dealing; negligent supervision; respondeat superior Bank of America (stock) $25,000 (compensatory) $0 Unspecified costs Keely D. Parr (P) N/A Sole Public Arbitrator
10-03534 8/5/2010 7/29/2013 In favor of Respondent; Ashley Marie Hern Gift Trust, Shaun M. Donnelly Gift Trust UBS Financial Services Inc., Brad Morrison Weiner Seattle, Washington Lawrence R. Cock, Esq. Robert J. Bocko, Esq., Molly J. Henry, Esq., Violation of the Securities Act of Washington; Violation of Washington’s Consumer Protection Act; Secondary Liability, Breach of Contract; Breach of Fiduciary duty; Fraudulent misrepresentation; Unsuitability; Negligent misrepresentation. Partial Principal Protected Notes (Lehman Brothers) to be determined at the hearing $0 Unspecified punitive/exemplary damages; attorneys’ fees; costs; interest (8% from date of sale) William J. Bender (P) N/A Sole
10-03615 8/6/2010 7/30/2013 In favor of Claimant John Leopoldo Fiorilla Citigroup Global Markets, Inc., Edward James Mulcahy New York, NY Kevin P. Conway, Esq.; Richard T. Fleming, Esq. Jeffrey L. Friedman, Esq.; David I. Hantman, Esq. Breach of fiduciary duty, Negligence; Gross Negligence; Failure to supervise and control; Breach of contract; Violations of federal and state securities laws; NYSE and NASD conduct rules. Royal Bank of Scotland (RBS) stock. $ 15,292,869 (compensatory); $ 10,750,000 (Citigroup compensatory plus interest from May 1, 2009 (New York State rate); $ 250,000 (Mulcahy compensatory plus interest (New York State rate); $ 600 (Citigroup liable in reimbursement for non-refundable portion of the initial claim filing fee) N/A Marilyn J. Salzman (P) Martin A. Edelstein (P); Andrew E. Reegen (NP) Mixed
10-03943 9/1/2010 7/17/2013 Claims settled. Timothy T. Stephens Barclays Wealth, Barclays Bank PLC, Barclays Capital Inc., Barry Schneider Houston, Texas Matthew B. Henneman, Esq. Jack D. Ballard, Esq., Michael A. Rodriguez, Esq. Fraud; Negligent misrepresentation; Unsuitability; Broker ignorance; Negligence; Gross Negligence; Duties owed to customer; Breach of fiduciary duty; Failure to supervise. Short Put Option Trading. $ 1,100,000 (actual/compensatory); $0 $ 2,200,000 (exemplary/punitive); $ 150,000 (attorneys’ fees); Consequential damages; interest; other monetary relief. Daniel J. Pagnano (P) Deidre Renee Fuller (P); Larry J. Sklar (NP) Mixed
11-03539 9/9/2011 7/19/2013 Claims settled. Vic A. Padgett, Lois Padgett Rockwell Global Capital, LLC; Bruce Guarino; Peter Ferrara Indianapolis, Indiana Lars K. Soreide, Esq. Martin H. Kaplan, Esq., Robyn D. Paster, Esq. Breach of fiduciary duty; Negligence; Negligent supervision; Breach of contract, Fraud. Simply Fit Holdings Group, Inc. (stock) $ 100,000 (actual/compensatory) $0 Exemplary/punitive damages; interest; other costs; other monetary relief; other non-monetary relief. Amelia Adams (P) N/A Sole
11-03559 9/7/2011 7/23/2013 Claims denied Varoujan Khorozian Oppenheimer & Co., Inc. New York, NY Matthew M. Keshisian, Esq. Leo Kogan, Esq. Failure to obey instructions. Citibank stock. $ 50,000 (compensatory) $0 Interests; costs; punitive damages; attorneys’ fees. Annamaria Boccia-Kovarcik (P) N/A Sole
11-04134 10/31/2011 7/1/2013 Claims settled. Randy and Randy Inc.; Roland W. Stout; Randall C. Strider Denny P. Darmodihardjo; Peter Ferrara; Bruce Guarino; Rockwell Global Capital, LLC. Charlotte, North Carolina Lars K. Soreide, Esq. Martin H. Kaplan, Esq. Negligence, Breach of Fiduciary duty; Negligent Supervision; Breach of contract; Fraud. Convertible Promissory Notes (Simply Fit Holdings Group, Inc.) $ 150,000 (compensatory) $0 Interests; costs; rescission; punitive damages. Leonard E. Benade (P) N/A Sole
11-04361 11/15/2011 7/14/2013 Claims settled. Concetta Consales David Lerner Associates, Inc. Newark, NJ David Neuman, Esq. Michael Shannon, Esq., Trae Meyr, Esq. Unsuitability; Over-concentration; Misrepresentation; Breach of Fiduciary duty; Failure to supervise. Apple REITs. $ 49,011 (compensatory); Plus interest. $0 costs; attorneys’ fees; punitive damages; such further relief as deemed just and equitable. Leslie Ruth Nydick (P) N/A Sole
11-04366 3/12/2012 7/26/2013 Claims settled. Marcia Steinmann UBS Financial Services Inc. Denver, Colorado Jeffrey D. Pederson, Esq. Polina M. Dostalik, Esq. Securities and Common Law Fraud; Breach of fiduciary duty; Unsuitability; Negligence; Violation of the Colorado Consumer Protection Act, Failure to supervise. Margin Loan made in investment account. $ 48,000 (out-of-pocket losses) $0 Punitive damages; recession; costs; attorneys’ fees; interest. Steven Meyrich (P) N/A Sole
11-04698 12/19/2011 7/12/2013 Claims settled. Bentley Stanton Douglas Leone, Newport Coast Securities, Inc. Atlanta, Georgia Gary S. Menzer Dan A. Druz, Esq. Breach of fiduciary duty; Churning; Misrepresentation; Non-disclosures; Violations of the Georgia Uniform Securities Act; Breach of Contract; Failure to supervise. Unspecified securities. $ 77,000 (compensatory) $0 Recessionary damages; costs; other remedies the Arbitrator deemed proper and appropriate. Bruce W. Bennett (P) N/A Sole
12-01753 5/10/2012 7/2/2012 In favor of Claimant Christianne M. Meier Patrick Michael DiDiacomo, Newport Coast Securities, Inc. f/k/a Grant Bettingen, Inc. Los Angeles, California Robert A. Uhl, Esq.; Jeffrey Majors (Certified Law Student); Elizabeth Zabel (Certified Law Student) Dan A. Druz, 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. Unspecified securities. $ 100,000 (compensatory) $45,860 (compensatory); Interest (10% per annum, beginning 30 days after award granted). Lost opportunity costs; Pre-judgment and post-judgment interest at the legal rate; Punitive damages in an amount according to proof; Such other and further relief as the Arbitrator deems just and proper. Anita Rae Shapiro (P) N/A Sole
12-01872 5/16/2012 7/5/2013 Claims settled Michael Usina UBS Financial Services Inc. Jacksonville, Florida William B. Young, Jr., Esq., Alise Johnson Henry, Esq.; Joelle A. Simms, Esq. Misrepresentations and omissions; Breach of fiduciary duty; Violations of NASD Conduct Rules; Negligence; Failure of supervision; Breach of contract; Fraudulent representation; Vicarious liability. UBS Global Allocation Fund. $ 47,000 (compensatory); Plus interest. $0 Disgorgement of all commissions, fees, and other charges paid by Claimant to Respondent; Costs; Punitive damages; Such other and further relief as the Arbitrator deemed just and proper. Stuart K. Furman (P) N/A Sole
12-02066 5/22/2012 7/22/2013 Claims settled John Santiago Chase Investment Services Corp. New York, NY Benjamin Lapin Joseph S. Simms, Esq. Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Respondent superior. EverGreen Solar stock. $ 40,000 (compensatory) $0 Costs. Joel P. Mattis(P) N/A Sole
12-02636 7/15/2012 7/1/2013 Claims denied Luke A. Atwell E*Trade Clearing LLC Newark, NJ Pro se Meredith Felde Hoffman, Esq. Negligence in failing to deliver stocks. Regency Resources Inc. stock; Digital Development Group stock. $ 4,205 (compensatory) $0 N/A Kenneth J. Horowitz (P) N/A Sole
12-02781 8/8/2012 7/11/2013 Claims denied Enrique Montano Cuso Financial Services, L.P. N/A Pro se Maria J. Seedner, Esq. Fraud; Misrepresentation. Nationwide Lifetime Income Rider. $ 1,153.78 (compensatory) $0 N/A James D. Knotter (P) N/A Sole
12-02817 8/2/2012 7/2/2013 Claims denied The Estate of Elvira C. Iasso Wells Fargo Advisors, LLC N/A Catherine V. Naccarelli Deidre Wolff, Esq. Breach of fiduciary duty; Breach of contract; Fraud; Misrepresentation. Unspecified securities. $ 50,000 (compensatory) $0 N/A Robert G. Gesserman (P) N/A Sole
12-02944 8/14/2012 7/31/2013 Claims settled. Maria Patricia Power Chase Investment Services Corp. N/A Keith L. Griffin, Esq. Ellin B. Young, Esq. Breach of contract; Breach of fiduciary duty; Omission of facts; Misrepresentations; Negligence; Failure to supervise; Unsuitability; Vicarious liability; Violation of NASD conduct rules. Unspecified securities. $ 47,850 (compensatory) $0 Punitive damages; Interest; Attorneys’ fees; $2,000 (Costs); Other. Thomas L. Dueber (P) N/A Sole
12-03086 8/22/2012 7/18/2013 Claims denied Richard N. Luft, Jill A. Luft, TTEE and FBO Luft Living Trust Morgan Stanley Smith Barney N/A Pro se Timm A. VerDuin, Esq. Unauthorized trading; Violation of investment goals of risk tolerance, objectives, and liquidity; Negligence; Suitability; Breach of fiduciary duty; Failure to supervise. Unspecified options. $ 50,000 (compensatory) $0 Punitive damages; Other; Sanctions. Frederick Michael Switzer, III (P) N/A Sole
12-03280 9/11/2012 7/12/2013 In favor of Claimant Michael Tizzano; Germayne Tizzano Money Concepts Capital Corp.; Craig Alan Sutherland Columbus, Ohio Pro se Robert N. Rapp, Esq. Breach of fiduciary duty; Unauthorized trading; Suitability; Fraud; Churning; Failure to supervise; Omissions and misrepresentations; Breach of contract. Tanzanian Royalty Exploration Corporation securities; Class A front-end load mutual funds. $ 24,820 (actual/compensatory) $ 10,322 (compensatory); Interest (Ohio legal rate); $ 150 (non-refundable portion of the filing fee). N/A Mitchell B. Goldberg (P) N/A Sole
12-03492 9/30/2012 7/17/2013 Claims settled; Claims dismissed. Jay K. Heller Chase Investment Services Corp. Chicago, Illinois Keith L. Griffin, Esq. Elin B. Young, Esq. Misrepresentation and omissions; Violation of the Illinois Securities Act; Violation of FINRA Conduct Rules; Negligence; Failure to supervise; Vicarious liability. Franklin Income Fund. $ 40,001 (actual/compensatory); $0 $ 10,000 (exemplary/punitive); Interest; Attorneys’ fees; Other costs; Other monetary relief. Michael F. Jordan (P) N/A Sole
12-03717 10/23/2012 7/22/2013 Claims withdrawn Linda M. Gilliam SagePoint Financial, Inc, Charles Van Mason Portland, Oregon Joshua B. Kons, Esq. Gregory M. Curley, Esq. Intentional and negligent misrepresentation; Negligence; Gross negligence; Reckless and willful misconduct; Lack of due diligence; Unsuitable investment recommendations; Breach of fiduciary relations; Fraud; Constructive fraud; Breach of contract; Breach of implied covenant of good faith and fair dealing; Failure to supervise; Violation of federal and state securities laws, FINRA rules of fair practice; Washington State common law. Liquid assets, Annuities and Mutual fund (Inland Western Retail Real Estate Trust Inc. (“Inland Western REIT”)) $58,980 (compensatory) $0 Disgorgement and restitution of all earnings, profits, compensation, and benefits received by Respondent and its agent; Lost opportunity costs; Pre-and post-judgment interest at the legal rate; Paul R. Meyer (P) N/A Sole
12-03734 10/23/2012 7/24/2013 Claims denied Scott Gordon TD Ameritrade, Inc. Charleston, West Virgina Pro se James J. Vihstadt, Esq. Misrepresentation. Options Trading for Las Vegas Sands stock. $ 16,730.09 (actual/compensatory) $0 Other costs. Thomas H. Barnard, Jr. (P) N/A Sole
12-03746 10/30/2012 7/23/2013 Claims denied Alfonso A. Larriva Wells Fargo Advisors, LLC N/A Pro se Nuviah Shirazi, Esq. Misrepresentation. Command Asset Program. $ 5,000 (compensatory) $0 Interest; Attorneys’ fees; Costs. Robert S. McConnell (P) N/A Sole
12-04100 11/29/2012 7/8/2013 Claims denied John D. Saint-Amour Daniel Sears Ball; Commonwealth Financial Network N/A David H. Gibbs Joe Tully, Esq. Violations of FINRA Rules; Massachusetts Consumer Protection Laws; Unfair Trade Practices Laws and General Laws; Breach of fiduciary duty; Suitability. Laeroc Income Fund 007, L.P. $ 30,000 (compensatory) $0 Interest; Costs; Other; Specific Performance. Kelly M. Lonergan (P) N/A Sole
12-04158 12/8/2012 7/31/2013 Claims denied Daniel T. Sciarra Gary Goldberg & Co., Inc.; Amit Chopra N/A Pro se Thomas Cattani, Esq. Misrepresentation; Breach of fiduciary duty. Exchange Traded Fund. 25,000 (compensatory) $0 N/A Romaine L. Gardner (P) N/A Sole
12-04269 12/19/2012 7/15/2013 In favor of Claimant John Thomas Garvey Bradford Bono Philadelphia, Pennsylvania Christina R. LoConte, Esq., Frank J. Cuccio, Esq. Kevin D. Galbraith, Esq. Expungement of FINRA arbitration case number 11-01364 from his CRD record. Lehman Structured Note. n/a $0 Expungement of all references to FINRA arbitration case number 11-01364 (Bradford Bono vs. UBS Financial Services Inc.) from his CRD record. James W. Geiger (P) N/A Sole
12-04337 12/18/2012 7/10/2013 Claims denied Susan Ritter Interactive Brokers LLC N/A Pro se Robert W. Topp, Esq. Negligence. Margin Liquidations of Credit Spreads. $ 27,605.45 (compensatory); $ 1,754.65 (Interest); $ 600 (Costs). $0 N/A Mark R. Lee (P) N/A Sole
13-00176 1/17/2013 7/17/2013 Claims denied Darcy L. Christopherson Vfinance Investments, Inc. N/A Pro se Jay M. Israel, Esq. Violation of FINRA Rule 4560; Violation of Rule 203 of Reg SHO; Violation of FINRA Rule 4210. PayChest Inc. stock. $ 13,000 (compensatory); $0 $26,000 (punitive damages). Andrew R. Dick (P) N/A Sole
13-00185 1/11/2013 7/26/2013 Claims settled. Nancy J. Bold Merill Lynch, Pierce, Fenner & Smith, Inc. Orlando, Florida William B. Young, Esq. Julie Wilson Portera, Esq. Unsuitability; Breach of fiduciary duty; Violation of NASD/FINRA conduct rules; Negligence; Failure of supervision; Breach of contract; Vicarious liability. Unspecified securities. >$ 66,000 (compensatory) $0 Disgorgement of all commissions, fees, and other charges paid by Claimnt to Respondent; Costs and expenses; Punitive damages; Such other and further relief as this Arbitrator deemed just and proper. Thomas Joseph Atkinson, Sr. (P) N/A Sole
13-00197 1/17/2013 7/26/2013 In favor of Claimant Mittie L. Freeman Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq., Robert E. Norton, Esq. Thomas F. Barnett, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violation of Georgia Securities Act; Intentional and negligent misrepresentation. RMK Strategic Income Fund; RMK Select High Income Fund. $ 50,000 (compensatory) $ 50,000 (compensatory) Punitive damages; Interest; Attorneys’ fees; Costs; Other. Donald G. Kennedy (P) N/A Sole
13-00229 1/22/2013 7/31/2013 Claims denied Ronald Angel TD Ameritrade, Inc. N/A Pro se James J. Vihstadt, Esq. Breach of contract. Unspecified securities. $ 10,000 (compensatory); $0 $ 10,000 (punitive damages). Ronald L. Cheney (P) N/A Sole
13-01168 11/8/2011 7/31/2013 Claims denied Anatoliy Matsur Heidi Emmert Newark, NJ Gareth De Santiago-Keene, Esq. Thomas E. Stagg, Esq., David Ehrlich, Esq., Michael Kwiatkowski, Esq. Breach of contract; Breach of fiduciary duty; Unsuitability; Misrepresentation; Omission of facts; Negligence; Churning; Unauthorized trading; Failure to supervise. Unspecified securities. Unspecified $0 Unspecified damages with interest; Punitive damages; Attorneys’ fees; Costs. Daniel J. McCarthy, Jr. (P) Mia Scanga (P); John Herbert Grefe (NP) Mixed
12-02626 7/17/2012 7/24/2013 In favor of Claimant David Broadwell, Individually and on Behalf of the David W. Broadwell Revocable Trust Interactive Brokers, LLC Fort Lauderdale, Florida Keith L. Griffin, Esq. Robert W. Topp, Esq. misrepresentation and omissions; Violation of the Florida Securities and Investor Act; Violation of NASD Conduct Rules; negligence; failure to supervise; and vicarious liability Suncor Energy stock $65,000 (Compensatory) $56,400 (Compensatory); $225 (filing fee) punitive dmages; attorney’s fees; costs Gerald Silverman (P) N/A Public
13-00086 1/9/2013 8/5/2013 In favor of Claimant Jeffrey W. Kaplan TD Ameritrade, Inc. N/A Pro se William M. Mann, Esq. False and deceptive trade practices; Violation of the know your customer rule Apple stock; Investools, Inc.’s educational program $19,500 (compensatory); $30,500 (punitive) $1624.50 (compensatory); $75 (1/2 of filing fee paid to FINRA) N/A Karl A. Vogeler, III (P) N/A Public
12-02938 8/20/2012 8/6/2013 Claims settled and withdrawn Patricia N. Wilson LPL Financial LLC Dallas, Texas David Neuman, Esq. Amanda C. Hawley, 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 offering in the LawRoc 2005-2006 Income Fund $99,000.00 (compensatory); Unspecified amount of punitive damages N/A Interest; Attorneys’ fees; Other costs; Other monetary relief James M. Tipton (P) N/A Public
12-03264 9/6/2012 8/6/2013 Expungement Evangelos Dimopoulos Christoper Fontana; Wells Fargo Advisors LLC Miami, Florida Pro se Kathy M. Klock, Esq.; Jonathan B. Butler, Esq. Unsuitability MetLife Investors USA Annuity $4,600 (compensatory) N/A N/A Daniel P. Lund (P) N/A Public
12-03486 9/28/2012 8/7/2013 Claims denied The Shirvani Family Trust Morgan Stanley Smith Barney, LLC; Arash Nassi; Amir Navab; Brian Mark Krueger N/A Trustee Maliheh Shirvani Wendy R. Robinson, Esq. Breach of fiduciary duty; Misrepresentation; Omission of facts; Unsuitability MS Plus Based on the Market Vectors Gold-Miners ETF; MS Brazil-denominated bond $22,937 (compensatory); $20,000 (punitive) N/A N/A Konstance Ellen Boukidis (P) N/A Public
12-00156 1/11/2012 8/7/2013 In favor of Claimants Vera Jacobs; Joanne and Nichole Jelenek; Joseph and Sonia Fajar; Charles Roberts; Frank Rodriguez; Steven and Renee Parket; Renee Swanston H. Beck, Inc.; JHS Capital Advisors, Inc.; Metlife Securities, Inc.; Sagepoint Financial, Inc.; The Investment Center, Inc.; Robert Henry Van Zandt New York, New York Adam Gana, Esq. Richard J. Babnick, Jr., Esq.; Stacy Costner, Esq.; John C. Kelly, Esq.; Patricia E. O’Brien, Esq. Failure to supervise; Control person liability; Respondeat superior; Unsuitability; Misrepresentation; Breach of fiduciary duty Promissory notes $902,539 (compensatory); Unspecified amount of punitive damages $902,539 (compensatory); Interest on compensatory at rate of 2.9%; $25,000 (costs); $1,900,000 (punitive) Interest; Attorneys’ fees; Costs; Other Harold Webb (P) N/A Public
13-00723 3/5/2013 8/8/2013 Expungement Gerald L. Gooley; Sharon Gooley Morgan Stanley Smith Barney, LLC N/A Pro se Joseph L. Calabrese, Esq. Fraud; Negligent misrepresentation; Breach of fiduciary duty; Breach of the covenants of good faith and fair dealing; Negligent supervision; Respondeat superior Preferred Fannie Mae Stock $40,000 (compensatory) N/A Costs Charles Scott McClellan (P) N/A Public
13-00407 2/10/2012 8/8/2013 Claims denied Clarence T. Rohwer 1981 Rev. Trust Arthur Lancelot John N/A Pro se Pro se Breach of fiduciary duty; Manipulations; Misrepresentations; Unauthorized trading Halliburton stock $1,678 (compensatory) N/A $75 (costs); Attorneys’ fees Charles A. Joplin (P) N/A Public
12-04134 12/3/2012 8/12/2013 In favor of Claimant Gisela Gresitza SII Investments, Inc.; Richard M. DiTaranto N/A Patrick Gaffney, Esq. Michael R. Gaico, Esq. Breach of fiduciary duty; Violation of 15 U.S.C. 78j, Section 10 of the Securities and Exchange Act of 1934 and Rule 10b-5; Common law fraud; Gross negligence; Suitability; Failure to supervise Behringer Harvard Short-Term Opportunity Fund 1, LP $48,000 (compensatory) $10,000 (compensatory); $300 (1/2 of FINRA filing fee) Interest; Other S. Charles Tabak (P) N/A Public
13-00550 2/25/2013 8/13/2013 Claims denied Mustafa Albassam Scottrade, Inc. N/A Pro se Mack E. McCain, Esq. Failure to execute Google stock; Apple stock $16,400 (compensatory) N/A Interest; Costs Ellen J. Abrams (P) N/A Public
13-00409 2/7/2013 8/14/2013 In favor of Claimant Sharaya Moore Chase Investment Services Corp. N/A Howard S. Meyers, Esq. Heidi E. VonderHeidge, Esq. Unsuitability; Negligent misrepresentation; Breach of fiduciary duty; Negligence and violations of state securities and consumer protection Acts; Respondeat superior JP Morgan Investor Balace Fund Class A $14,101.59 (compensatory) $14,101.59 (compensatory); $425 (FINRA filing fee) Interest; Costs James J. Fishman (P) N/A Public
12-04136 11/30/2012 8/13/2013 Claims denied Jack Mac Phail Trust Account; Traditional IRA and Roth IRA Charles Schwab & Co., Inc.; Stephanie Spicer; Roberty Tyer N/A Pro se Geoggrey S. Beckham, Esq. Breach of fiduciary duty; Misrepresentation; Unauthorized trading Cathay Investment Fund Limited; Biotechnology Investment Class D shares $3,042.33 (compensatory); $1,957.67 (punitive) N/A $100 (interest); $175 (costs) G Maynard Green (P) N/A Public
10-03943 9/1/2010 8/16/2013 Claims dismissed Timothy T. Stephens Barlcays Capital, Inc.; Barry Schneider Houston, Texas Matthew B. Henneman, Esq. Jack D. Ballard, Esq.; Michael A. Rodriguez, Esq. Fraud; Negligent misrepresentation; Unsuitability; Broker ignorance/negligence/gross negligence; Duites owed to customer; Breach of fiduciary duty Put option $1,100,000 (compensatory); $2,200,000 (punitive) N/A $150,000 (attorneys’ fees; other costs); Interest; Other monetary relief; Specific performance Daniel J. Pagnano (P) Deirdre Renee Fuller (P); Larry J. Sklar (NP) Mixed
12-00026 12/29/2011 8/16/2013 Claims denied Om Parkash Kaira Euro Pacific Capital, Inc.; Hemant Kathuria San Francisco, California Pro se Robert Decker Mismanagement of his account; Buying and selling unsuitable stocks without his consent; Investing in penny stocks rather than conservative stocks; Assuring him investments were safe; Poor book keeping Numerous stocks in retirement investment account $32,959.78 (compensatory); $17,040.22 (punitive) N/A $4,102.38 (interest) Michel Lancaster Garcia (P) N/A Public
12-01999 5/25/2012 8/19/2013 Claims dismissed Lee Sexton Edward Jones; Scott G. Cook Indianapolis, Indiana Martin T. Fletcher, Sr., Esq. Mark G. Vaughan, Esq. Breach of fiduciary duty; Negligence; Misrepresentations and omissions Travelzoo, Inc. stock $38,000 (compensatory) N/A Interest Monette Draper (P) N/A Public
13-00324 1/29/2013 8/19/2013 In favor of Claimant Virginia Nichols Christopher Ronald Roberts; U.S. Bancorp Investments, Inc. N/A Howard W. Slutsky John Rock, Esq. Negligence; Mishandling of an annuity N/A $10,903 (compensatory); $5,000 (punitive) $3,500 (compensatory) $3,000 (legal and accounting fees) Kevin R. McDermott (P) N/A Public
13-00563 2/26/2013 8/19/2013 In favor of Claimant Gregory Micoletti Marcus Joseph Debaise N/A Pro se Vanessa M. Hoffmann, Esq. Breach of fiduciary duty; Unsuitability; Negligence Unspecified $40,000 (compensatory) $40,000 (compensatory) N/A Missy Daboul Margolis (P) N/A Public
09-05718 10/5/2009 8/20/2013 Claims dismissed Patrick Kennedy Investors Capital Corp. Hartford, Conneticut Pro se James A. McGovern, Esq. Churning; Misrepresentations/non-disclosures; Unauthorized trading N/A $92,599.84 (compensatory) N/A Interest; Reinstatement of stocks and dividends Francis J. Pavetti (P) Samuel H. Chorches (P); April C. Teveris (NP) Mixed
12-03847 11/1/2012 8/21/2013 In favor of Claimant Paul Lin UBS Financial Services Inc. N/A Pro se Dan A. Rosenbaum, Esq. Breach of contract; Errors/charges; Failure to supervise; Negligence; Unauthorized account transfer; Inactive account; Wrongfully withdrawn annual fees N/A $1,855 (compensatory); $8,145 (punitive) $780 (compensatory); $1000 (punitive) Attorneys’ fees; Costs Frederick N. Ballard (P) N/A Public
13-00545 2/19/2013 8/21/2013 Claims denied Renee J. Wilson Sammons Securities Company N/A Pro se Andrew Harris, Esq. Suitability Real estate investments trusts $50,000 (compensatory) N/A N/A O. Meredith Wilson, Jr. N/A Public
13-00290 1/28/2013 8/21/2013 In favor of Claimants Franck Derunes; Celine Derunes Ameriprise Financial Services, Inc. N/A Mark E. Maddox, Esq. Edward Walton, Esq. Unsuitable investments; Misrepresentations; Omissions; Control person liability under the California Securities Act; Violations of FINRA Conduct Rules; Breach of fiduciary duty; Constructive fraud; Breach of contract; Respondeat superior; Negligent supervision Real Estate Investment Trusts $50,000 (compensatory) $17,888 (compensatory) Atorneys’ fees; Costs Jeffrey L. Gaffney (P) N/A Public
12-00680 2/15/2012 8/21/2013 Expungement Patricia Santacroce Wells Fargo Advisors, LLC Hartford, Conneticut Adam Gana, Esq. Michael Naccarato, Esq. Suitability; Negligent misrepresentations; Breach of fiduciary duty; Failure to supervise; Respondeat superior; Negligence; Violations of State Securities & Consumer Protection Acts RiverSource Annuity; Various mutual funds $99,999 (compensatory) N/A Lost interest; Post-award interest; Attorneys’ fees; Costs Sean Alan D’Amico (P) N/A Public
11-03110 8/8/2011 8/23/2013 Expungement James Brunner; Louise Brunner Denny P. Darmodihardjo; Peter Anothy Ferrara; Bruce Judge Guarino; Rockwell Global Capital, LLC Boca Raton, Florida Lars K. Soreide, Esq. Martin H. Kaplan, Esq.; Robyn D. Paster, Esq. Negligence; Breach of fiduciary duty; Negligent supervision; Breach of contract; Fraud convertible promissory note in the Simply Fit Holdings Group, Inc. $100,000 (compensatory); Unspecified amount of punitive damages N/A Interest; Rescission; Costs Elena G. Rodriguez (P) N/A Public
11-03723 9/22/2011 8/26/2013 Expungement Kirk J. Hazen; Katharine M. Hazen Peter Anthony Ferrara; Bruce Jude Guarino; Rockwell Global Capital, LLC Orlando, Florida Lars K. Soreide, Esq. Martin H. Kaplan, Esq.; Robyn D. Paster, Esq. Negligence; Breach of fiduciary duty; Negligent supervision; Breach of contract; Fraud 10% convertible promissory note in the Simply Fit Holdings Group, Inc. $100,000 (compensatory; Unspecified amount of punitive damages N/A Interest; Rescission; Costs Patricia Gunn (P) N/A Public
13-00829 3/15/2013 8/29/2013 In favor of Claimant Fred Bauries IRA Ameriprise Financial Services, Inc. N/A T. John Kirk Susan E. Sheely Unsuitable investments; Violations of FINRA conduct rules; Negligent misrepresentations; Breach of fiduciary duty; Constructive fraud; Breach of contract; Respondeat superior; Negligent supervision Non-traded real estate investment trusts $42,000 (compensatory) $25,218.06 (compensatory) Costs; Rescission; Disciplinary referral Julian F. Santos (P) NA Public
10-03787 8/20/2010 8/30/2013 In favor of Claimant Snow E. Jaynes, Individually, as trustee of the Snow E. Jaynes living trust 09/01/1999, and as the owner and beneficiary of the Snow Jaynes IRA Securities America, Inc.; Randall Ray Talbott; QA3 Financial Corp.; Daniel Dennis Shea Los Angeles, California Jonathan W. Evans, Esq.; Michael S. Edmiston, Esq. Bryan M. Ward, Esq. Negligence; Fraud, deceit and omission of material facts; Suitability; Breach of fiduciary duty and breach of trust; Violation of California Corporations Code 25400 et seq., and California Code of Regulations; Failure to supervise; Violation of FINRA Rules and Regulations; Breach of contract and breach of implied covenant of good faith and fair dealing Inland Western Retail Real Estate Trust, Inc. $318,000 (compensatory); Unspecified amount of punitive damages $356,476.71 (compensatory); $10,000 (sanctions); $4,000 (costs); $71,295.34 (attorneys’ fees) Rescission; Disgorgement of comissions, fees and other forms of compensation paid to Respondents; Interest; Costs; Attorneys’ fees Phillip Aaron Tymon (P) Fern M. Laethem (P); Carlos Richard Mangum (NP) Mixed
13-00130 1/11/2013 9/3/2013 In favor of Claimant Norman Pinn Philip Ian Smolowitz; Stifel, Nicolaus & Co, Inc. N/A Christine Lazaro, Esq. Jeffrey C. Primiano, Esq. Unsuitable recommendations; Material misrepresentations and omissions; Breach of duty of care; Breach of fiduciary duty; Failure to supersive; Respondeat superior Real estate investment trusts and equities $33,589.69 (compensatory) $3,235.61 (compensatory) Interest; Attorneys’ fees; Costs Paul Weinberg (P) N/A Public
11-04665 12/15/2011 9/3/2013 Claims dismissed Gary Epping UBS Financial Services, Inc. Milwaukee, Wisconsin Edward H. Glenn, Jr., Esq. Nikolas S. Komyati, Esq. Securities fraud; Common law fraud; Misrepresentation; Suitability; Overconcentration; Breach of fiduciary duty; Breach of contract; Failure to disclose a material conflict of interest; Negligence; Failure to supervise Return optimization notes with partial protection $85,000 (compensatory); Unspecified amount of punitive damages Claims dismissed Interest; Attorneys’ fees; Other costs Ray J. Grzebielski (P) N/A Public
12-02627 7/17/2012 9/5/2013 In favor of Claimants Penny L. Linsinbigler; David A. Linsinbigler Michael Thomas Linsinbigler; LPL Financial, LLC; UVEST Financial Services Group, Inc. Boca Raton, Florida Alterraon Phillips, Esq. Kathy M. Klock, Esq. Breach of federal securities law; Negligence; Violations of FINRA Conduct Rules; Breach of contract; Unsuitable trading pursuant to Section 517 of the Florida Statutes; Failure to supervise Tube Media micro cap security stock $54,233 (compensatory); $45,000 (punitive) $16,155 (compensatory) interest; costs; attorneys’ fees Richard W. Epstein (P) N/A Public
13-00498 2/15/2012 9/5/2013 In favor of Claimants Henry F. Schweinhagen; Sherry D. Schweinhagen Next Financial Group, Inc.; Daniel Garvin N/A Benjamin B. Segel, Esq. Gary Klein, Esq. Breach of contract; Breach of fiduciary duty; Fraud; Misrepresentation; Unsuitability; Failure to supervise Various unspecified securities $50,000 (compensatory) $40,000 (compensatory) Interest; Costs Thomas R. Skulina (P) N/A Public
13-01074 7/10/2012 9/6/2013 In favor of Claimants Gary M. Weller, Individually and as Trustee of the Gary M. Weller Recovable Trust U/A dated 6/5/03 Morgan Peabody, Inc.; David Allen Williams Los Angeles, California Robert Crowe, Esq.; David Neuman, Esq. No Appearance Misrepresentatons and omissions; Violation of California Corporate Securities Law; Violation of the California Consumer Legal Remedies Act; Breach of fiduciary duty; Violation of NASD Conduct Rules; Negligence; Failure of supervision; Breach of contract; Fraudulent misrepresentation; Vicarious liability Inand American Real Estate Trust; Wells Real Estate Investment Trust II, Inc.; Medical Capital Corporation Notes; Viatical Life Insurance $60,000 (compensatory); Unspecified amount of punitive damages $69, 713.94 (compensatory) Interest Laurent C. Vonderweidt (P) N/A Public
13-00015 12/27/2012 9/10/2013 In favor of Claimants Carl Haas; Nancy Haas Ameriprise Financial Services, Inc. N/A Joshua B. Kons, Esq. Edward A. Walton, Esq. Unsuitability; Breach of fiduciary duty; Negligence; Intentional and negligent misrepresentation; Breach of the implied covenant of good faith and fair dealing; Failure to supervise; Breach of contract; Violations of federal securities laws, FINRA rules of fair pracitce, and Pennsylvania common law Various unspecified securities $50,000 (compensatory) $2,500 (compensatory) Disgorgement and restitution of all earnings, profits, compensation, and benefits received by Respondent; Pre and post judgement interest at the legal rate John James McGovern, Jr. (P) N/A Public
13-00306 1/30/2012 9/10/2013 In favor of Claimant Thomas F. Kelly; Bridget D. Kelly Noah Lauren Myers; MiddleCover Capital, LLC Newark, New Jersey Mark S. Gregory, Esq. No Appearance Breach of fiduciary duty; Unsuitability; Fraud; Respondeat superior; Violations of the Securities Exchange Act of 1934 and the Investment Advisors Act of 1940 ProShares Ultra Short Financials ETF $84,264 (compensatory); $15,000 (punitive) $83,264 (compensatory); $15,000 (punitive) Attorneys’ fees; Costs Edward W. Morris, Jr. (P) N/A Public
11-02277 6/3/2011 9/12/2013 In favor of Claimant Manuel Estrada Avalon Partners, Inc.; Vincent Au; Beatrice Cheah; Jean-Louis Bertholet; kenneth Gregory Bonal New York, New York Nicholas J. Guiliano, Esq. Richard J. Babnick, Jr., Esq. Violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934; Churning or excessive activity; Sale of unsuitable securities; Unauthorized trading; Breach of fiduciary duty; Negligent failure to supervise; Common law fraud Exchange traded funds and equities $95,000 (compensatory); Unspecified amount of punitive damages $81,667 (compensatory); $10,208.35 (interest); $25,202.10 (attorneys’ fees) Lost income; Disgorgement of all comissions; Interest; Reasonable attorneys’ fees; Costs Marianne C. Hussey (P) N/A Public
13-00464 2/11/2012 9/16/2013 Claims denied Paul S. Dennis Trust; Paul Dennis, Trustee UBS Financial Services, Inc. Cleveland, Ohio Sean P. Malone, Esq. Lynn Saralli, Complex Control Officer Violation of best execution rule and common law negligence Facebook stock 26719.28 (compensatory) N/A Interest; Attorneys’ fees; Other costs; Other monetary relief; Rescission Benjamin B. Segel (P) N/A Public
12-02955 8/16/2012 9/17/2013 Claim dismissed Bettye T. Burns Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Carlos E. Provencio, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violaions of Alabama Securities Act; Intentional and negligent misrepresentation; Unjust enrichment; Breach of the duty of good faith and fair dealing RMK Select Intermediate Bond Fund $25,000 (compensatory); Unspecified amount of punitive damages N/A interest; attorneys’ fees; costs; rescission Samuel L. McClaren (P) N/A Public
13-00709 3/8/2012 9/17/2013 In favor of Claimant Charlotte J. Adams Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq.; Robert E. Norton, Esq. Curt R. Soefker, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of Alabama Securities Act; Intentional and negligent misrepresentation; Breach of the covenantys of good faith and fair dealing RMK Strategic Income Fund $50,000 (compensatory); Unspecified amount of punitive damages $50,000 (compensatory); $600 (reimbursement for FINRA filing fee) interest; attorneys’ fees; costs; rescission Arthur L. Tepper(P) N/A Public
10-02424 5/20/2010 9/18/2013 Claims denied The Police and Fire Retirement System of the City of Detroit Citigroup Global Markets, Inc. a New York Corporation; Morgan Stanley Dean Witter, Inc.; Morgan Stanley Smith Barney; GSC CDO Fund, Ltd.; GSC Partners CDO Fund, Ltd.; GSC CDO Fund II, Ltd.; GSC Partners CDO Investors, L.P.; GSC Partners CDO Investors II, L.P.; GSC Partners CDO GP, L.P.; GSC Partners CDO GP II, L.P.; GSC CDO L.L.C.; CDO GP, L.L.C.; GSC CDO II, L.L.C.; GSC Partners CDO Fund II, Corp.; GSCP (NJ) L.P.; Glenn P. Murray; John A. Giampetroni Southfield, Michigan David C. Van Dyke, Esq.; Jennifer S. Hahn, Esq.; Michael V. Kell, Esq.; Henry J. Brennan, III, Esq.; Michael J. Sheehna, Esq. H. Nicholas Berberian, Esq.; Rawn Howard Reinhard, Esq.; Bruce Lewitas, Esq.; Gregory B. Simon, Esq.; Daniel A. Ross, Esq.; Elizabeth C. Carter, Esq.; Michael L. Kowalski, Esq.; David Poirer, Esq.; Stephan R. Dandelles, Esq. Fraud; Silent Fraud; Innocent misrepresentation; Violation of MCL 451.810; Breach of fiduciary duty and Breach of PERSIA; Breach of contract Various collateralized debt obligations $39,900,000 (compensatory); Unspecified amount of punitive damages N/A Interest; Attorneys’ fees; Costs; Other monetary relief; Other non-monetary relief Stephen D. Kursman (P) Gerald W. Hepp (P); Richard C. VandenBrul, J.D. (NP) Mixed
10-04168 9/16/2010 9/18/2013 Expungement Julio Paniagua; Maria T. Paniagua Merrill Lynch, Pierce, Fenner & Smith, Inc. Miami, Florida Carlos B. Castillo, Esq. Jonathan C. Schwartz, Esq. Violation of Florida securities laws; Breach of fiduciary duty; Negligence; Respondeat superior; Apparent authority Lehman Brothers Preferred Stock $50,000 (compensatory) N/A interest; costs; attorneys’ fees Gerald Silverman (P) N/A Public
12-02497 7/9/2012 9/19/2013 Expungement James Halusky Ameriprise Financial Services, Inc. Baltimore, Maryland Christopher J. Gray, Esq. Howard Klausmeier, Esq. Suitability; Failure to supervise; Breach of fiduciary duty; Fraud and omissions Inland Western Retail Real Estate Trust, Inc. $95,000 (compensatory) N/A Costs; Interest Douglas Earl McLaren (P) N/A Public
12-04199 12/12/2012 9/20/2013 Claims denied Dr. Sejin Jeong E*Trade Securities LLC Washington, D.C. Pro se Meredith Felde Hoffman, Esq. Breach of fiduciary duty; Misrepresentation and negligence Vringo stock $32,500 (compensatory) N/A $1,700 (costs); Interest; Unspecified physical and emotional damages Jane C. Carney (P) N/A Public
13-00536 2/22/2013 9/22/2013 In favor of Claimant Nora Parker United Securities Alliance, Inc.; Royal Alliance Associates; Joe Birkinbine N/A Jeffrey Pederson, Esq. Michael Jones; Craig Shames; Pro Se Fraud; Unsuitable investments; Improper communication; Failure to supervise; Misrepresentations and omissions; Violations of state and federal securities laws; Negligence; Breach of fiduciary duty; Breach of contract Desert Capital Real Estate Investment $25,000 (compensatory); Unspecified amount of punitive damages $25,000 (compensatory); $12,000 (punitive); $21,667.50 (attorneys’ fees); $425 (reimbursement for FINRA filing fee) Interest; Attorneys’ fees; Costs; Rescission Malcolm T. Cleland (P) N/A Public
13-00618 3/4/2013 9/23/2013 Claims denied Marian M. Grainger; Marian M. Grainger, as Trustee of the Phillips Living Trust U/A DTD 10/1/05 Legg Mason Wood Walkder, Inc.; Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Dana N. Pescosolido, Esq. Misrepresentation; Failure to disclose RMK bond fund $50,000 (compensatory); Unspecified amount of punitive damages N/A Costs; Pre-judgment and post-judgement interest; Attorneys’ fees; Rescission of fund shares; Unspecified lost earnings Ronald Chun (P) N/A Public
12-03292 9/14/2012 9/24/2013 In favor of Claimant Carmella M. DiMercurio Stifel, Nicolaus & Company, Inc. St. Louis, Missouri Mitchell D. Johnson, Esq. James C. Browning, Jr., Esq. Failure to supervise; Unauthorized trading; Lack of due diligence and/or churning Anheuser Busch stock $66,275.85 (compensatory) $45,143.60 (compensatory); $17,132.25 (interest); $225 (reimbursement of FINRA filing fee) $22,000 (attorneys fees); Interest; Other costs Sharon R. Merriman (P) N/A Public
13-00695 3/8/2013 9/24/2013 Claims denied Doris Annette King Marital Deduction Trust, by Joel Thomas King, TTEE Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Carlos Enrique Provencio, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules and the Alabama Securities Act; Intentional and negligent misrepresentation; Unjust enrichment; Breach of duty of good faith and fair dealing; Reckless disregard RMK Advantage Fund $50,000 (compensatory); Unspecified amount of punitive damages N/A Rescission of the purchases of the Fund Shares; Pre-judgment and post-judgment interest; Costs; Attorney’s fees Edward M. Rosensteel (P) N/A Public
09-06371 11/4/2009 9/25/2013 Claims denied Dana K. Anderson and Nancy S. Anderson as Trustees of the Anderson Family Trust J.P. Morgan Securities, LLC; Joe Carl Leach Los Angeles, California Steven M. Goldberg, Esq.; Nathan D. Meyer, Esq. Paul J. Schumacher, Esq.; Scott E. Rahn, Esq. Fraud; Breach of fiduciary duty; Professional negligence; Inappropriate ad unsuitable purchases; Failure to supervise Blue River Asset Management, LLC; Vantage California Municipal Fund, LLC At least $900,000 (compensatory); Unspecified amount of punitive damages N/A Costs; Attorneys’ fees Arthur T. Berggren (P) Kirtley M. Thiesmeyer (P); Linda L. Drummond (NP) Mixed
13-00986 4/5/2013 9/25/2013 In favor of Claimant Velma H. Petty, IRA Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq. Thomas F. Barnett, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of Alabama Securities Act; Intentional and negligent misrepresentation of material facts; Unjust enrichment; Breach of good faith and fair dealing; Failure to execute RMK Strategic Income Fund $50,000 (compensatory); Unspecified amount of punitive damages $43,661.97 (compensatory); $600 (reimbursement for FINRA filing fee) interest; attorneys’ fees; costs; rescission Robert S. McConnell (P) N/A Public
13-00939 3/27/2013 9/25/2013 In favor of Claimants Polly J. Knoll, individually and as beneficiary of SEP IRA account Edward D. Jones & Co., L.P.; Daniel Gregory Retzke N/A Howard B. Prossnitz, Esq. Dennis J. Capriglione, Esq. Negligence; Respondeat superior; Breach of fiduciary duty; Failure to supervise; Violation of the Winsconsin Securities Act American Capital, Ltd. Stock $43,756 (compensatory) $19,000 (compensatory); $600 (reimbursement for FINRA filing fee) Interest; Attorneys’ fees; Costs Sheldn L. Saitlin (P) N/A Public
13-00661 3/6/2013 9/25/2013 Claims denied Alan D. Peterson TD Ameritrade, Inc. N/A Pro se Hollie M. Mason, Esq. Failure to cancel Facebook stock $3,529.30 (compensatory) N/A N/A O. Meredith Wilson, Jr. N/A Public
13-00339 1/29/2013 9/26/2013 Expungement Jill Ingerman Citigroup Global Markets, Inc. Philadelphia, Pennsylvania Nicholas J. Guiliano, Esq. Joseph Calabrese, Esq. Violaions 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; Negligent failure to supervise; Common law fraud Various funds and equities $52,000 (compensatory); Unspecified amount of punitive damages N/A Lost income under the “well managed portfolio” theory of recovery; Pre-award interest; Reasonable attorneys’ fees; Costs Joseph J. Dougherty (P) N/A Public
13-00694 3/8/2013 9/26/2013 Claims denied Joe King Morgan Keegan & Company, Inc. N/A Richard S. Frankowski, Esq.; Robert E. Norton, Esq. Carlos Enrique Provencio, Esq. Breach of fiduciary duty; Breach of contract; Unsuitability; Failure to supervise; Violations of securities regulatory rules; Violations of Alabam Securities Act; Intentional and negligent misrepresentation; Breach of covenants of good faith and fair dealing RMK High Income Fund, Inc.; RMK Advantage Fund $27,624 (compensatory); $22,376 (punitive) N/A Interest; Attorneys’ fees; Costs; Rescission Arthur L. Tepper(P) N/A Public
12-03591 10/9/2012 9/27/2013 In favor of Claimant Sherine Smith Aegis Capital Corp.; Linford Antonio Brown, Jr. Newark, New Jersey Ryan Cook, Esq. Michael P. Gilmore, Esq.; Joel A. Sweetbaum, Esq. Breach of warranties; Violations of New Jersey securities law; Fraud; Violation of consumer protection laws; Breach of covenants of good faith and fair dealing; Respondeat superior; Breach of contract; Negligence; Failure to supervise; Breach of fiduciary duty; Misrepresentation; Omission of facts; Unsuitability Human Health Pharma $25,000 (compensatory including punitive damages) $20,000 (compensatory); $2,231 (costs) Interest; Rescission; Costs; Attorneys’ fees S. Charles Tabak (P) N/A Public
13-01615 5/31/2013 9/27/2013 Claims denied Michael J. McDonough Fidelity Brokerage Services LLC; William Nicholas Routh N/A Pro se Melisa Hegger Shea, Esq. Inaccurate reporting; Omission of relevant facts; Misleading ANT’s stock certificates $4,000 (compensatory); $1,000 (punitive) N/A N/A David L. Malslen (P) N/A Public
11-03723 9/22/2011 9/30/2013 Expungement Kirk J. Hazen; Katharine M. Hazen Peter Anthony Ferrara; Bruce Jude Guarino; Rockwell Global Capital, LLC Orlando, Florida Lars K. Soreide, Esq. Martin H. Kaplan, Esq.; Robyn D. Paster, Esq. Negligence; Breach of fiduciary duty; Negligent supervision; Breach of contract; Fraud 10% convertible promissory note in the Simply Fit Holdings Group, Inc. $100,000 (compensatory); Unspecified amount of punitive damages N/A Rescission; Costs; Interest Patricia Gunn (P) N/A Public
12-03170 8/28/2012 10/30/2013 Claims denied Itay Avi-Tal Capital Conclusions Corporation; Harvey Gerald Stein Miami, Florida David H. Charlip, Esq. Craig R. Glasser, Esq. fraud; breach of fiduciary duty; rescission; unsuitability; negligence; violation of industry rules Nationwide Life and Annuity Company YourLife Variable Universal Life Insurance Policy $60,889.29 (compensatory); punitive n/a interest; rescission; commisssions earned; costs; attorneys’ fees Will Murphy (P) n/a Public
12-02127 6/4/2012 10/31/2013 Claims settled Cheri Ann Kimpel Ameriprise Financial Services, Inc. Portland, Oregon Richard B. Fosher, Esq. Susan E. Sheely, Esq. violation of Oregon’s Securities Act, ORS Section 59.005 et al.; breach of fiduciary duty; breach of contract; neligence/negligent misrepresentation/omission; common law fraud; negligent supervision unspecified variable annuity $90,000.00 (damages); punitive n/a interest; attorneys’ fees; costs; filing and forum fees Larry T. Coady (P) n/a Public
13-01555 5/28/2013 10/29/2013 Claims denied Philip Y. Deng optionsXpress, Inc. n/a pro se Joseph L. Siders, Esq. unauthorized trading FleetCor Technologies, Inc. stock $3,328.00 (compensatory) n/a costs; rescission Annamaria Boccia-Kovarcik (P) n/a Public
13-00925 3/27/2013 10/24/2013 Claims settled The M. Chandler Living Trust Curtis Wallace Faulkner; RBC Capital Markets, LLC Portland, Oregon Greg Hendrix, Esq. Julie Thrall Burrow, Esq.; Carolyn Guy, Esq. breahc of Client Account Agreement unauthorized withdrawals $198,225.71 (compensatory) n/a interest; attorneys’ fees Michael G. Clark (P) n/a Public
13-00872 3/25/2013 10/21/2013 In favor of Claimant Loresa C. Bell, IRA Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq. Thomas F. Barnett, Esq. breach of fiduciary duty; breach of contract; unsuitability; failure to supervise; violations of securities regulatory rues; violations of Alabama Securities Act RMK Bond Funds $50,000.00 (compensatory); punitive $20,058.64 (compensatory) interest; attorneys’ fees; costs; rescission Paul D. Gutierrez (P) n/a Public
13-00469 2/8/2013 10/29/2013 In favor of Claimant Rocco Frattaroli Wells Fargo Advisors, LLC n/a pro se Thomas F. Kopshever, Esq. misrepresentation; failure to supervise; negligence; execution price; failure to execute; incorrect quantity Facebook stock $4,914.32 (compensatory) $3,289.00 (compensatory) n/a Walter J. Huntley, III (P) n/a Public
13-01062 4/10/2013 10/21/2013 Claims denied Robert E. Clifford, Jr.; JohnK. Clifford; James W. Clifford Daniel Curtis Bakke; Edward Jones n/a Bruce Sanders, Esq. Troy Groat, Esq. breach of fiduciary duty; failure to follow directions; failure to observe high standards of commerical honor and adhere to just and equitable principals of trade and fair dealings; failure to supervise unspecified securities $13,764.15 (compensatory); $11,000.00 (punitive) n/a interest; attorneys’ fees Brett W. Olander (P) n/a Public
13-00182 1/20/2013 10/28/2013 Claims denied Kathryn Shull; Bradley Shull Charles Schwab & Co., Inc. Seattle, Washington pro se Gregory M. Scanlon, Esq. failure to display a purchase; failure to execute Facebook stock $50,000.00 (compensatory) n/a n/a G. E. Craig Doupe (P) n/a Public
12-03224 8/31/2012 10/28/2013 Claims settled Anoshiravan Afrasiabi Marvin Kang; Unionbanc Investment Services, LLC Los Angeles, California Peter F. Musielski, Esq. David Tong, Esq. lack of suitability; failure to disclose; misrepresentation Prudential Premium Serius L Annuity $35,000.00 (compensatory); punitive n/a attorneys’ fees; costs Milton N. Gross (P) n/a Public
12-02052 6/1/2012 10/25/2013 In favor of Claimant Anne R. Jones Oppenheimer & Co., Inc.; Grover Keith Cook Cincinnati, Ohio David S. Blessing, Esq. Leo Kogan, Esq.; pro se breach of fiduciary duty; misrepresentations/non-disclosures; suitability; failure to supervise; negligence Crud Carriers Corp.; Grant Park Global Alternative Markets; First TR High Income L/S FD; Oppenheimer Global Fund B; China Shengda Packaging $84,524.70 (compensatory); $15,475.00 (punitive) $89,803.00 (compensatory); interest;$29,934.00 (attorneys’ fees); $6,550.00 (expert witness fees) interest; attorneys’ fees; costs Bill Swinford, Jr. (P) n/a Public
12-03551 10/3/2012 10/25/2013 Claims dismissed Frances Lamm-Roberts; as an individual; as a trustee of the Lamm Revocable Trust A; as a benefiary of the Frances Lamm-Roberts IRA Morgan Stanley Smith Barney, LLC San Diego, California G. Mark Brewer, Esq. Wendy R. Robinson, Esq. breach of contract; negligence; breach of fiduciary duty; failure to supervise; violation of section 25401 of the California Coporations Code; violation of California Senior Citizens Protection Statute Hedge Forum Harbinger LLC Fund; Hedge Forum Passport B LLC Class ID Fund; Hedge Forum Paulson Advantage Plus C, Ltd. Fund; Orion LP Class A Fund; Morgan Stanley Global Long/Short Fund P.; Skybridge Multi-Advisor Hedge Fund Portfolios LLC Multi-Start G. $95,000.00 (compensatory); punitive n/a rescission; interest; costs; attorneys’ fees Mandel E. Himelstein (P) n/a Public
13-00279 1/25/2013 10/22/2013 In favor of Claimant Alex Gregory Froloff Scottrade Inc. n/a pro se Mack E. McCain, Esq. breach of fiduciary duty; misrepresentations and omissions; negligence KCG options $10,439.00 (compensatory); $5,000.00 (punitive) $3,412.50 (compensatory) specific performance Kendall C. Reed (P) n/a Public
12-03915 4/20/2012 10/21/2013 Claims settled John B. Noble Edward Jones; Michael Y. O’Brien Chicago, Illinois Erwin Cohn, Esq. Dennis J. Capriglione, Esq. unsuitable recommendations; breach of fiduciary duty; failure to supervise; negligence; breach of contract in violation of FINRA and state and federal Rules; fraud; constructive fraud Nuveen Quality Income Fund; American Funds $100,000.00 (compensatory); punitive n/a attorneys’ fees; costs James F. Carlson (P) n/a Public
13-00871 3/25/2013 10/18/2013 Claims denied Walter A. Bell Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq. Thomas F. Barnett, Esq. breach of fiduciary duty; breach of contract; unsuitability; failure to supervise; violations of the Alabama Securities Act; misrepresentations; breach of the duty of good faith and fair dealing; negligence Morgan Keegan bond funds $50,000.00 (compensatory); punitive n/a interest; attorneys’ fees; costs; rescission Robert Dean McKinley (P) n/a Public
12-03231 9/5/2012 10/18/2013 In favor of Claimant Kevin M. Kane The O.N. Equity Sales Company Cleveland, Ohio Neil D. Petkovic, Esq.; Michael J. Elliott, Esq. Marion H. Little, Jr., Esq. breach of fiduciary duty; failure to supervise; suitability; fraud; unauthorized trades unspecified investments $50,000.00 (compensatory); punitive $25,000.00 (compensatory) interest; attorneys’ fees; costs Kathleen Helbig-Hannan (P) n/a Public
13-02445 2/15/2013 10/13/2013 In favor of Claimant Richard Gabay Obsidian Financial Group, LLC New York, New York Alan Gilmore, Esq. n/a fraud; violation of federal and state securities laws; failure to supervise; unsuitability; breach of contract; breach of fiduciary duty Obsidian Social Networking Fund, LLC $328,634.00 (compensatory); punitive $217,000.00 (compensatory) interest; attorneys’ fees; costs Carolyn A. Mann (P) n/a Public
13-01463 5/20/2013 10/16/2013 In favor of Claimant Velma H. Petty Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq.; Robert E. Norton, Esq. Thomas F. Barnett, Esq. breach of fiduciary duty; breach of contract; fraud; negligence; misrepresentation; omission of facts; failure to supervise and control; violations of federal and state securities law; violations of NASD rules variable annuities $50,000.00 (compensatory); punitive $18,915.26 (compensatory); $7,471.52 (interest); $10,000.00 (attorneys’ fees) interest; attorneys’ fees; costs; rescission Edward J. Costello, Jr. (P) n/a Public
13-00164 1/11/2013 10/6/2013 Claims denied Jane Weller Benkendorf Eron Anders Dahl n/a pro se Georffrey S. Beckham, Esq. unauthorized trading unspecified securities $24,931.00 (compensatory) n/a interest ( $2,244.00); costs ($425.00) Donald W. Mckenzie (P) n/a Public
13-01284 5/3/2013 10/14/2013 Claims dismissed William C. Foege, Jr. and Sharonkay Masters JTWROS Allen & Company of Florida, Inc. Orlando, Florida William B. Young, Jr., Esq. Colleen M. Fitzgerald, Esq. unsuitability; misrepresentations and omissions; breach of fiduciary duty; violation of FINRA Conduct Rules; negligence; failure of supervision; breach of cotract; vicarious liability Odyssey Diversified Promissory Notes $30,000.00 (compensatory); punitive n/a disgorgement; interest; costs Jack A. Helms (P) n/a Public
12-02485 7/6/2012 10/14/2013 Claims denied Lantaya Valencia West Weaver Ameriprise Financial Services, Inc.; Jermaine La Monte Jamison Los Angeles, California David Akintimoye, Esq. Timothy N. Will, Esq. negligent failure to obtain insurance coverage; negligence; intentional infliction of emotional distress; intentional interference with prospective economic advantage; negligent interference with prospective economic advantage; intentional interference with contract life insurance policy $100,000.00 (compensatory) n/a costs; attorneys’ fees Kendall C. Reed (P) n/a Public
12-01784 5/8/2012 10/14/2013 Claims settled William and Ellen Byrns Trust dated February 25, 1992 Barbara Allen-Kelsay; Sean Robert Fansler; Wells Fargo Advisors, LLC Honolulu, Hawaii William C. Byrns, Esq. pro se; Judy Louie, Esq. breach of contract; failure to supervise; negligence; failure to execute; breach of fiduciary duty; misrepresentation; suitability unspecified common stocks $95,000.00 (actual and punitive) n/a interest; forum fees; attorneys’ fees Herbert Liberman (P) n/a Public
13-00710 3/8/2013 10/11/2013 In favor of Claimant Peter Nalasco; Peter Nalasco IRA; Johanne Lavoie Nalasco; Johanne Lavoie Nalasco IRA; Loui John Nalasco Buckman, Buckman & Reid, Inc. n/a Mark A. Tepper, Esq. Michael D. Handelson, Esq. unsuitable recommendations; failure to supervise; violations of FINRA’s Rules of Conduct; violations of Florida Securities and Investor Protection Act; breach of fiduciary duty equities and income funds $47,788.00 (compensatory); punitive $47,737.00 (compensatory); interest; attorneys’ fees; $1,592.00 (costs); $600.00 (filing fees) interest; attorneys’ fees; costs Diane M. Perry (P) n/a Public
13-00883 3/25/2013 10/9/2013 Claims settled Sara C. Mabon UBS Financial Services Inc. New York, New York Noam Besdin, Esq. Sean J. Coughlin, Esq. misrepresentation; unsuitability Alliance California Municipal Auction Rate Preferred Security $25,000.00 (compensatory) n/a n/a John J. Vesey (P) n/a Public
13-00803 3/14/2013 10/8/2013 Claims denied Cynthia Lowe IRA; W.E. Lowe II & William P. Lowe T.I.C; W.E. Lowe II IRA Ameriprise Financial Services, Inc. n/a T. John Kirk, Esq. Susan E. Sheely, Esq. unsuitability; negligence; misrepresentations and omissions; violations of the South Carolina Securities Act; violations of FINRA Conduct Rules and NYSE Rules; breach of fiduciary duty; constructive fraud; breach of contract; respondeat superior; negligent supervision Inland American REIT, Inc.; CNL Income Properties $50,000.00 (compensatory) n/a attorneys’ fees; costs Robert T. Allen, Jr. (P) n/a Public
11-02159 5/25/2011 10/10/2013 Claims settled Tom Garcia Fidelity Brokerage Services, LLC San Francisco, California Daniel B. Lipson, Esq. Joshua D. Jones, Esq. fraud; negligent misrepresentation; breach of fiduciary duty and breach of the covenants of good faith and fair dealing; negligent supervision; breach of conduct; violation of various rules of FINRA Fidelity mutual fund $100,000.00 (compensatory) n/a fees Michelle Judy Brant (P) n/a Public
13-00370 2/6/2013 10/9/2013 In favor of Claimant Jean Bradshaw Chase Investment Services Corp.; J.P. Morgan Securities, LLC n/a Eric J. Grannis, Esq. Matthew B. Corwin, Esq. breach of contract; misrepresentations and omissions; negligence; breach of fiduciary duty purchase of estate planning and land trust documents $25,000.00 (compensatory) $25,000.00 (compensatory); interest interest; attorneys’ fees; costs Lisa Catalano (P) n/a Public
13-00067 1/4/2013 10/8/2013 Claims denied Justin Maine Raymond James Financial Services, Inc.; John Arrick n/a pro se Kelli Hartsook, Esq. errors/charges; negligence; breach of fiduciary; misrepresentation; omissions of facts; suitability unspecified securities $33,970.00 (compensatory) n/a interest ($600.00); costs ($3,000.00) James M. Tipton (P) n/a Public
12-02541 7/9/2012 10/8/2013 Claims dismissed June Ann Matalon Claud Baruch; Robert Steven Feinman; Morgan Stanley Smith Barney, LLC; Richard Wynes Boca Raton, Florida A. Roger Elston Timothy B. Atkins, Esq. breach of contract; failure to supervise; negligence; failure to transfer; failure to assist beneficiary; breach of fiduciary duty; unsuitability failure to turn over account proceeds; failure to invest various unspecified securities $75,000.00 (compensatory); $25,000.00 (punitive) Claimant shall pay Respondent costs ($1,500.00) interest ($22,500.00); costs ($975.00) Gary M. Landau (P) n/a Public
13-00001 12/21/2012 9/16/2013 In favor of Claimant; Claims denied Kevin E. Hardesty Gary Dean Jurden; Riversource Distributors, Inc. n/a pro se Susan E. Sheely, Esq. breach of fiduciary duty; misrepresentations/non-disclosures; errors/charges; negligence Riversource Life Insurance Variable Universal Life Insurance Policy $23,153.00 (compensatory) $23,153.00 (compensatory) n/a James John Jurinski (P) n/a Public
11-03309 8/24/2011 10/4/2013 Claims denied Kim G. Collins TD Ameritrade, Inc. New Orleans, Louisiana Moshe Y. Singer, Esq. Hollie M. Mason, Esq. failure to execute an order to purchase options Brocade Communications options in K&R Investments Group, LLC $50,000.00 (compensatory) n/a costs Randall W. Heinrich (P) n/a Public
12-02233 6/15/2012 10/2/2013 Claims denied Joseph De Felice; John De Felice Raymond James & Associates, Inc.; Michael Napolitano Philadelphia, Pennsylvania Vincent Imbesi, Esq. Brittany Weiner, Esq.; Carlton J. Kromer, Esq. Kelli Hartsook, Esq. failure to supervise; breach of fiduciary duty; breach of the covenants of good faith and fair dealing; negligence; unauthorized trading; omission of facts; breach of contract unspecified securities $49,500.00 (compensatory); punitive n/a interest; rescission; attorneys’ fees; costs John James McGovern, Jr. (P) n/a Public
09-06840 12/7/2009 10/2/2013 Claims settled; In favor of Claimant Deborah J. Taylor McGinn, Smith & Co., Inc.; First Clearing, LLC; National Financial Services LLC; Reid and Associates, LLC; Westrock Advisors, Inc.; Timothy M. McGinn; David L. Smith; Donald H. Hunter; Gregory Martino; Michael C. Reid; Roberto B. Reid; Andrew J. Shapiro; Mark C. Casolo Albany, New York Timothy J. O’Connor, Esq. William J. Brown, Esq.; Brian L. Friedman, Esq.; Michael G. Shannon, Esq.; Roland M. Cavalier, Esq.; Andrew Shapiro; pro se; Christopher R. Travis, Esq. breach of contract; breach of fiduciary duty; fraudulent concealment; common law fraud; constructive fraud; fraudulent misrepresentation; fraudulent mismanagement; negligence; negligent misrepresentation; equitable estoppel; violation of Rule 10b-5 of Securities Exchange Act/ Control Person Liability; fraudulent conveyances various securities $221,000.00 (compensatory) n/a interest; attorneys’ fees; costs Jennifer L. Bliss (P) James J. Brearton (P); Edward MacLean Warren (NP) Mixed
13-00131 1/9/2013 11/19/2013 In favor of Claimant Carlos Moroz Raymond James Financial Services, Inc.; Raymond James & Associates, Inc.; Daryl Devillier; Vincent Petangelo n/a Nicole Marlow-Jones, Esq. Kelli Hartsook, Esq. Breach of fiduciary duty; churning; unauthorized trading; unsuitability; failure to supervise Unspecified securities $47,444.29 (compensatory) $39,802.69 (compensatory) Attorneys’ fees; costs Stuart M. Schwartz (P) n/a Public
12-01183 3/29/2012 11/27/2013 Claims denied Joanne Hurley George A. Avallone; George A. Avallone Tax and Financial Services; Royal Alliance Associates, Inc. Newark, New Jersey Todd Wilson, Esq. Samuel E. Cohen, Esq. Professional Malpractice; negligence; breach of fiduciary duty; breach of contract; breach of covenant of good faith and fair dealing; unjust enrichment Hartford Life annuity; Annuity Insurance Company annunity $70,000.00 (compensatory) $744.00 (against Claimant) Pre and post judgement interest; attorneys’ fees; costs; complete accounting Charles A. Crocco (P) n/a Public
12-02349 6/21/2013 11/20/2013 In favor of Claimant J.W. Pickens Jr., Individually and as Trustee Under the Will of J.W. Pickens, Sr. Wells Fargo Advisors, LLC, f/k/a Wachovia Sec., LLC; Wells Fargo & Company Columbia, South Carolina Mitchell Willoughby, Esq.; Elizabeth Zeck, Esq.; Andrew D’Antoni, Esq. Alan S. Fafterman, Esq. Breach of fiduciary duty; violation of the Couth Carolina Securities Act; negligence; breach of contract; failure to supervise Wachovia stock $2,470,563.86 (compensatory) $1,109,342.38 (compensatory); $173,232.50 (attorneys’ fees); $25,345.91 (costs) Punitive damages; pre-judgement interest; attorneys’ fees; FINRA hearing fees, costs and expenses Lisa Bass Morris (P) Charles Terreni (P); Walter J. Wylie (P) Public
12-03187 8/30/2012 11/22/2013 Claims denied James M. Walsh Capital Securities Management, Inc.; Jeffrey Leonard Briggs; Mitchell John Pizzirusso; Rochester Wealth Management Group, LLC Buffalo, New York pro se Janet K. DeCosta, Esq. Failure to supervise; negligence; breach of fiduciary duty; unsuitability; errors; omission of facts; misrepresentation Sibling Entertainment Group Secured Debenture $56,000.00 (compensatory) n/a Interest; attorneys’ fees; costs John Richard Lynch (P) n/a Public
12-01666 5/3/2012 11/20/2013 Claims dismissed Mary Georgiade Ameriprise Financial Services, Inc.; Inland Western Retail Real Estate Trust, Inc. New York, New York Brian R. Williams, Esq. Howard Klausmeier, Esq. failure to supervise; negligence; breach of fiduciary duty; manipulations; misrepresentation; unsuitability Inland Western Retail Real Estate Trust, Inc. $35,100.00 (compensatory); $20,000.00 (punitive) n/a Costs Ann Pinciss Berman (P) n/a Public
12-02163 6/8/2012 11/22/2013 Claims settled Mary Kay Kunar Wells Fargo Advisors, LLC; Thomas H. Hall; Philip Michael Kousaie Cleveland, Ohio Douglas A. Kutsko, Esq. Michael Naccarato, Esq. Breach of fiduciary duty; negligence; breach of contract; respondeat superior; failure to supervise; suitability; misrepresentation/omission Unspecified $50,000.00 (compensatory) n/a Punitive damages; attorneys’ fees; other costs Jeffrey Bain (P) n/a Public
12-01775 5/14/2012 11/12/2013 In favor of Claimant Siegfried W. Mayer Ryan Patrick Duffie; Jeffrey Dean Jones; Synergy Investment Group, LLC; Brian Scott Weinberg Denver, Colorado pro se David Hirschberg, Esq. (Jeffrey Dean Jones Synergy Investment Group, LLC); pro se (Ryan Patrick Duffie); pro se (Brian Scott Weinberg) Unauthorized trading; failure to transfer account Synergy Investment Group, LLC; Netflix shares $33,000.00 (compensatory) $25,000.00 (compensatory) $8,500.00 (attorneys’ fees); costs Martin Mandel (P) n/a Public
12-01903 8/25/2010 11/12/2013 In favor of Claimant Ruth Wayne Keith L. Epstein Detroit, Michigan Christopher D. Kaye, Esq. n/a Negligence; failure to supervise; breach of fiduciary duty; violation of the Michigan Uniform Securities Act; misrepresentations; omission of facts; breach of contract; failure to execute; silent fraud; conversion; fradulent conveyance; unjust enrichment; civil conspiracy Pacific Life variable annuity; Lincoln Benefit Life Company annuity $1,817,782.00 (compensatory); $5,453,346.00 (punitive) $1,817,622.00 (compensatory); $3,635,564.00 (punitive); interest Attorneys’ fees; interest; other costs Martin Brosnan (P) n/a Public
13-00196 1/22/2013 11/1/2013 Claims dismissed; claims denied Jeffrey R Szynkarski TD Ameritrade, Inc.; Cassey Doody; James Steven Espervary n/a pro se Hollie M. Maso, Esq. Negligence; omission of facts; misrepresentations; unauthorized transfers Unspecified securities $36,000.00 (compensatory) n/a Rescission Tom L. Peterson (P) n/a Public
13-01233 4/29/2013 11/2/2013 In favor of Claimant Raymond James & Associates, Inc. Debra H. Massey n/a William Schmitt, Esq. Thomas C. Mann, Esq. Conversion; unjust enrichment Interest; dividends $32,765.78 (compensatory) $32,765.78 (compensatory); interest Attorneys’ fees; costs; unfreeze accounts Keith E. Mattern (P) n/a Public
11-01302 3/30/2011 11/7/2013 Claims settled Karen B. Roberts Deutsche Bank Securities, Inc. f/k/a Deutsche Bank Alex Brown, Inc. Boca Raton, Florida Tiffany J. Brown, Esq. Elizabeth E. Moum, Esq. Negligence; breach of fiduciary duty; negligent supervision; respondeat superior Bear Stearns shares $48,000.00 (compensatory) n/a Interest; fees, commissions, benefits; punitive damages; costs llisa J. Smukler (P) n/a Public
13-01593 5/30/2013 11/1/2013 Claims denied Larry A. Albrecht Fidelity Brokerage Services LLC n/a pro se Meredith A. Faro, Esq. Inaccurate information; unrealized dividends Toshiba stock $3,556.00 (compensatory) n/a Costs Carol McHugh Sanders (P) n/a Public
12-03469 9/27/2012 11/5/2013 Claims dismissed Leslie Stein Ameriprise Financial Services, Inc. n/a Patrick Gaffney, Esq. Howard M. Klausmeier, Esq. Breach of fiduciary duty; fraud; gross negligence; unsuitability; failure to supervise; violations of 15 U.S.C § 78j; Section 10 of the Securities and Exchange Act of 1934; Rule 10b-5 Inland Western Real Estate Trust, Inc. $47,157.00 (compensatory) n/a Interest (9% per annum) Richard W. Cutler (P) n/a Public
12-03116 8/29/2012 11/5/2013 In favor of Claimant Denise Hill Ameritas Investment Corp.; James Roberts Des Moines, Iowa Gail Boliver, Esq. David M. Williams, Esq. (Ameritas) pro se (James Roberts) Breach of fiduciary duty; suitable recommendations; failure to supervise; respondeat superior principles; negligence; misrepresentation; constructive fraud; breach of contract; violations of Iowa Securities Act Cornerstone Core Properties REIT, Inc. $50,000.00 (compensatory) Interest; attorneys’ fees; other costs $37,200.00 (compensatory) Thomas Mahoney (P) n/a Public
12-03318 9/14/2012 11/5/2013 Claims settled Bennet W. Phillips Morgan Stanley Smith Barney Charlotte, North Carolina Johanna S. Fowler, Esq. Joseph Calabrese, Esq. Breach of good faith, loyalty and honesty; suitability; common law fraud; breach of fiduciary duty; negligence Bank of America preferred stock; Citigroup preferred stock; Freddie Mac and Fannie Mae preferred stock $98,500.00 (compensatory) n/a Interest; attorneys’ fees; rescission Stephen P. Hoffman (P) n/a Public
13-01283 5/24/2013 10/31/2013 Claims denied Rosalyn S. Wenzel Royal Alliance Associates, Inc.; Glenn R. King; Louis R. Sorrentino n/a pro se Lauren H. Lezak, Esq. (Royal Alliance); pro se (King); pro se (Sorrentino) Improper rollover; negligence; breach of fiduciary duty; breach of the covenant of good faith and fair dealing; misrepresentations; omissions of facts; unsuitability; unauthorized trading ING annuity $12,419.11 (compensatory) n/a n/a Jeffrey Steinberg (P) n/a Public
12-02193 6/11/2012 10/29/2013 Claims denied Gerard J. Sagliocca Joseph Gunnar & Co., LLC; Michael Kaplan Albany, New York pro se John E. Lawlor, Esq. Breach of contract; breach of fiduciary duty; misrepresentation; unsuitability; churning; excessive commission; unauthorized trading Unspecified securities $23,000.00 (compensatory); $300.00 (filing fee) n/a n/a Mitchell S. Friedman (P) n/a Public
13-00308 1/27/2013 10/29/2013 Claims denied Paula Lerner a/k/a Paula Rasmussen CITI Personal Wealth Management; Citigroup Global Markets, Inc.; Pershing LLC; Emile Samir Abinader; Arda Thomas n/a pro se Tracy L. Gerber, Esq.; Carissa A. Kranz, Esq.; Jane L. Myers, Esq. Unsuitability; manipulation; negligence; misrepresentation; omission of facts; breach of fiduciary duty Various securities $50,000.00 (compensatory) n/a n/a Edward J. Costello, Jr. (P) n/a Public
13-00285 1/30/2013 11/1/2013 In favor of Claimant Karen Altschul and Eric Altschul, as Trustees under Irrevocable Trust Agreement of Lawrence D. Altschul Rochdale Securities LLC; Daniel J. Crowley Boca Raton, Florida Gregor J. Schinghammer, Jr., Esq. Eric Lee, Esq. Breach of loan agreement by Rochdale; breach of guarantee by Crowley Subordinated Loan Agreement; Unconditional Guarantee Agreement $500,000.00 (compensatory) $500,000.00 (compensatory); $78,904.32 (interest); attorneys’ fees; costs Interest; attorneys’ fees; costs Diane M. Perry (P) n/a Public
13-01694 5/31/2013 11/14/2013 Claims denied Petr Berka E*Trade Securities LLC n/a pro se Meredith Felde Hoffman, Esq. Unprocessed transfer instructions Commonwealth Bioltechnologies stock; Canadian Solar stock $25,000.00 (compensatory); $25,000.00 (punitive); $600.00 (costs) n/a n/a Peter P. Skomorowsky (P) n/a Public
13-01926 6/26/2013 12/16/2013 Claims denied Joseph Shaw; Eniko Shaw Wells Fargo Advisors, LLC n/a pro se Deirdre Wolff, Esq. Excessive charges and commissions; breach of fiduciary duty Nuveen Ohio Quality Income Municipal Fund; Oppenheimer Rochester Ohio Municipal Fund $1,366.62 (compensatory); $1,000.00 (punitive); $105.00 (costs) n/a Specific Performance (reverse transaction) Ellrn Holland Keller (P) n/a Public
13-01360 5/9/2013 12/18/2013 In favor of Claimant Edward D. Jones & Co., L.P. Elizabeth Wilson n/a David N. Jonson, Esq.; Samuel A. Slater, Esq. Sharon A Keys, Esq. Money had and received; unjust enrichment; set off Unspecified $25,000.00 (compensatory) $25,000.00 (compensatory) n/a C. Marcus Harris (P) n/a Public
13-01711 6/10/2013 12/23/2013 In favor of Claimant Teryy D. Maresh E*Trade Securities LLC n/a pro se Meredith Felde Hoffman, Esq. Misrepresentation; unauthorized withholding of stock Dell, Inc. stock Release 60 Dell shares worth $800.00; $110.00 (interest); $60.00 (costs) Release 60 Dell shares worth $800.00 n/a Randall W Heinrich (P) n/a Public
12-03711 10/22/2012 12/20/2013 Claims settled Barbara Gutman U/A/D 03-09-2000 Morgan Stanley Smith Barney Ft. Lauderdale, Florida Kristian P. Kraszewski, Esq. Timothy B. Atkins, Esq. Breach of fiduciary duty; breach of contract; negligence; violation of NASD and NYSE rules Enerplus Corp.; Pembina Pipeline Corp.; Pengrowth Energy; Pace Oil and Gas; Penn West $57,000.00 (compensatory) n/a Punitive damages; interest; costs; attorneys’ fees Marie G. Peterson (P) n/a Public
13-01632 5/31/2013 12/20/2013 Claims denied Ko Fei Pu Firstrade Securities, Inc. n/a pro se Peter E. Gschweng Errors/charges in account Various securities $3,070.00 (compenstatory); $1,929.00 (punitive) n/a n/a Constance Ellen Boukidis (P) n/a Public
12-01171 3/23/2012 12/20/2013 In favor of Claimant Paul Loberg; Patricia Loberg John Thomas Financial; Barry P. Pittman Milwaukee, Wisconsin Robert A. Matheres, Esq. Robert M. Bursky, Esq. (John Thomas Financial) until 11/20/2013 than pro se; Barry V. Pittman, Esq. (Pittman) Unauthorized trading; suitability and know your customer; churning; failure to supervise; misrepresentation; negligence Unspecified securities $92,600.00 (compensatory) $56,100.00 (compensatory); $8,900.00 (interest); $35,000.00 (punitive); $32,000.00 (attorneys’ fees) Interest; attorneys’ fees; other costs Philip J. Glick (P) n/a Public
13-00893 3/20/2013 12/4/2013 Claims denied John E. Lehman ITG Derivatives LLC; Jack David Pankau; Patrick Dugan Read n/a pro se Patrick Chi, Esq.; Caitlin Bos, Esq. Conversion; negligence; unsuitability; omissions; failure to supervise; unauthorized transactions Various securities $28,955.38 (compensatory) n/a Interest; costs Leonard Arthur Nelson (P) n/a Public
13-01355 5/10/2013 12/18/2013 In favor of Claimant Nadia Youssef f/k/a Nadia Bacon Fifth Third Securities, Inc.; Wells Fargo Advisors Financial Network n/a pro se Peter J. Stautberg; Deirdre Wolff, Esq. Failure to execute Unspecified securities $3,523.85 (compensatory) $3,523.85 (compensatory) n/a Nancy J. Spieczny (P) n/a Public
12-01521 4/25/2012 12/18/2013 Claims settled The Herman Drazick Revocable Living Trust u/a/d August 23, 1971, by and through its Trustee, Herman Drazick Wells Fargo Advisors, LLC f/k/a Wachovia Securities, LLC Boca Raton, Florida Charles Carlson, Esq. Demian J. Betz, Esq. Negligence; fraudulent conduct; unsuitability; breach of fiduciary duty Fannie Mae 8.25% Non-Cumulative Series T Preferred Stock Offering; bonds $100,000.00 (compenatory) n/a Pre-award interest; punitive damages; costs Elena G. Rodriguez (P) n/a Public
13-01176 4/24/2013 12/5/2013 Claims denied Donald Stunkart Edward Jones n/a Robert Talbot, Esq. Mitchell C. Newhouse Violation of FINRA Rules; suitability; negligence; breach of fiduciary duty; breach of contract; misrepresentations; respondeat superior; failure to supervise Mutal funds $9,796.13 (compensatory) n/a Punitive damages; interest; attorneys’ fees; costs Cheryl R. Kershner (P) n/a Public
13-01930 6/26/2013 12/7/2013 In favor of Claimant Donna M. Cooper; Carl Cooper, Jr. Investors Capital Corp.; Monica S. Narvaez n/a pro se Michael A. Nagy, Esq. Churning; misrepresentations; omission of facts SunAmerica annuities $14,837.00 (compensatory); $14,837.00 (punitive) $14,837.00 (compensatory) Attorneys’ fees; costs Charles A. Joplin (P) n/a Public
13-01435 5/14/2013 12/6/2013 Claims denied Alex Adams E*Trade Securities LLC n/a pro se Meredith Felde Hoffman, Esq. Fraud; breach of fiduciary duty; misrepresentations and omissions IDNG stock $13,875.00 (compensatory); $27,750.00 (punitive) n/a Costs Enrico A. Mazzoli (P) n/a Public
13-00976 4/1/2013 12/9/2013 Claims denied Dennis M. Carlton Robert Allen Morgan, III; Beth Ellen Kirkland; Kevin Thomas Kitchin; John Phili Rohan San Francisco, California pro se Thomas F. Kopshever, Esq. Breach of contract; failure to supervise; fraud; negligence; frequently rebalance; failure to execute; breach of fiduciary duty; misrepresentations; omission of facts; suitability; trade disputes FundSource $25,000.00 (compensatory); $25,000.00 (exemplary); $4,061.64 (interest);$61.73 (copying, photos, and postage); $14.00 (transportation) n/a n/a Dean J. Dietrich (P) n/a Public
12-02070 5/29/2012 12/9/2013 Claims settled Kenneth Burton; Michelle Burton; Burton Construction, Inc. D.A. Davidson & Co. Cheyenne, Wyoming Mosh Y. Singer, Esq. Michael J. Sullivan, Esq. Fraud; negligent misrepresentation; breach of fiduciary duty and breach of the covenants of good faith and fair dealing; negligent supervision, breach of conduct, section 20 violations; respondeat superior Canwest Petroleum shares; Conexant shares $100,000.00 (compenatory) n/a Filing and hearing fees; costs Malcolm T. Cleland (P) n/a Public
10-04407 9/30/2010 12/3/2013 Claims settled; In favor of Claimant Guadalupe Sandoval; Javier Chavez; Jose Fuentes; Maria Conchita Alonso; Roberto I. Nogales Charles Schwab & Co., Inc.; Crowell, Weedon & Co.; Fidelity Investments Institutional Services Company, Inc.; Fidelity Brokerage Services, LLC; MAM Wealth Management, LLC; Alexander Martinez; Morgan Stanley Smith Barney, LLC; Rafael R. Sanchez Los Angeles, California Joseph C. Peiffer, Esq. Mark T. Drooks, Esq. (Schwab); Robert T. Matsuishi, Esq. (Crowell); Kenneth C. Mennemeier, Esq. (Fidelity); Alexander Martinez (MAM); Johathan D. Robbins, Esq. (Morgan Stanley); pro se (Sanchez) Breach of fiduciary duty; negligence; fraud; deceit and omission of material fact; fraudulent concealment; negligent misrepresentation; violation of federal and California securities laws and regulations; violation of California’s elder abuse/dependent adult civil protection act; violation of FINRA Rules 2010, 2020, 2110, 2120, 2262, 2330, 3130; violation of NASD Rules 2210, 2310, 2340, 2440, 2510, 2730, 2750, 3010, 3012, 3030, 3040; conversion MAM Wealth Mangement Real Estate Fund I, L.P.; DW Unit Investment Trust; Class B mutual fund shares $3,600,000.00 (loss of retirement savings, plus interest, attorneys’ fees, punitive, disgorgement); $100,000.00 (Alonso) $1,227,558.00 (Nogales); $1,282,709.00 (Fuentes); $1,299,101.00 (Chavez); $661,150.00 (Sandoval); $100,000.00 (Alonso) n/a Michael D. Harrison (P) Neil S. Jasper (P); Daniel Su (NP) Mixed
13-01731 6/19/2013 11/25/2013 Claims denied Jerome Miller Morgan Stanley Smith Barney LLC n/a pro se Chan H. Nam, Esq. Failure to transfer stock in a timely manner Various stock $11,254.33 (compensatory) n/a n/a Steven T. Stern (P) n/a Public
12-01031 3/16/2012 12/4/2013 Claims settled William D. Turner Brookville Capital Partners; Anthony F. Lodati; Yousuf Saljooki Philadelphia, Pennsylvania Nicholas J. Guiliano, Esq. Brett D. Zinner, Esq. Violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934; churning; unauthorized trading; violations of the Pennsylvania Unfair Trade Practices and Consumer Protection Law; breach of fiduciary duty; negligent failure to supervise; common law fraud Various securities $95,000.00 (compensatory) n/a Lost income; interest; punitive damages; attorneys’ fees; costs Ronald P. Wertheim (P) n/a Public
13-01591 5/30/2013 11/30/2013 In favor of Claimant Thomas E. Szmurio Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq.; Robert E. Norton Thomas F. Barnett, Esq. Breach of fiduciary duty; breach of contract; failure to supervise; violations of Illinois securities law; intentional and negligent misrepresentation; unjust enrichment; breach of covenants of good faith and fair dealing; gross negligence RMK Multi-Sector High Income Fund $50,000.00 (compensatory) $20,753.00 (compensatory); interest; $10,000.00 (punitive) Punitive; interest; attorneys’ fees; actual damages; costs Robert L. Agusto (P) n/a Public
13-01592 5/30/2013 11/22/2013 In favor of Claimant Thomas E. Szmurio; Catherine M. Szmurio Morgan Keegan & Company, Inc. n/a Richard S. Frankowski, Esq.; Robert E. Norton Thomas F. Barnett, Esq. Breach of contract; breach of fiduciary duty; misrepresentations/non-disclosures; omission of facts; suitability; negligence; failure to supervise; violation of Illinois Securities Laws; FINRA Rules and Securities Laws; common law claims RMK Multi-Sector High Income Fund $50,000.00 (compensatory) $3,398.15 (compensatory); interest Punitive; interest; attorneys’ fees; costs Gregory G. Gocek (P) n/a Public