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THE [CUSTOMER] ARBITRATION CONCERNED CERTAIN LIMITED PARTNERSHIP INVESTMENTS THAT THE [CUSTOMERS] PURCHASED DURING THE PERIOD FROM 1986 THROUGH 1991. THESE LIMITED PARTNERSHIPS TOTALED APPROXIMATELY $712,000.00. THE [CUSTOMER] STATEMENT OF CLAIM ALLEGED THAT I, AND MY FORMER BROKER DEALER KAVANAUGH SECURITIES, AND THEN PRESENT BROKER DEALER, COMMONWEALTH EQUITY SERVICES, INC. HAD ENGAGED IN A VARIETY OF BAD ACTS, INCLUDING BREACH OF CONTRACT, BREACH OF FIDUCIARY DUTY, COMMON LAW FRAUD, FAUDULENT MISREPRESENTATION, NEGLIGENCE MISREPRESENTATIONS, SECURITIES BROKERAGE MALPRACTICE, UNSUITABILITY ACUTAL AUTHORITY, APPARENT AUTHORITY, IMPLIED AUTHORITY AND RESPONDENT SUPERIOR. [CUSTOMERS] ALLEGD ACTUAL OUT-OF-POCKET DAMAGES IN THE AMOUNT OF $500,000.00 AND SOUGHT ADDITIONAL COMPENSATORY DAMAGES (INCLUDING LOST OPPORTUNITY, EMOTIONAL HARM, LOST INTEREST, NASD FILLING, FORM AND ARBITRATORS’ FEES AND THE COST OF THE PROCEEDING) IN THE AMOUNT OF $250,000.00.

THE [CUSTOMER] ARBITRATION CONCERNED CERTAIN LIMITED PARTNERSHIP INVESTMENTS THAT THE [CUSTOMERS] PURCHASED DURING THE PERIOD FROM 1986 THROUGH 1991. THESE LIMITED PARTNERSHIPS TOTALED APPROXIMATELY $712,000.00. THE [CUSTOMER] STATEMENT OF CLAIM ALLEGED THAT I, AND MY FORMER BROKER DEALER KAVANAUGH SECURITIES, AND THEN PRESENT BROKER DEALER, COMMONWEALTH EQUITY SERVICES, INC. HAD ENGAGED IN A VARIETY OF BAD ACTS, INCLUDING BREACH OF CONTRACT, BREACH OF FIDUCIARY DUTY, COMMON LAW FRAUD, FAUDULENT MISREPRESENTATION, NEGLIGENCE MISREPRESENTATIONS, SECURITIES BROKERAGE MALPRACTICE, UNSUITABILITY ACUTAL AUTHORITY, APPARENT AUTHORITY, IMPLIED AUTHORITY AND RESPONDENT SUPERIOR. [CUSTOMERS] ALLEGD ACTUAL OUT-OF-POCKET DAMAGES IN THE AMOUNT OF $500,000.00 AND SOUGHT ADDITIONAL COMPENSATORY DAMAGES (INCLUDING LOST OPPORTUNITY, EMOTIONAL HARM, LOST INTEREST, NASD FILLING, FORM AND ARBITRATORS’ FEES AND THE COST OF THE PROCEEDING) IN THE AMOUNT OF $250,000.00.