BrokerCheck Report

BRIAN PRESLEY
CRD# 1077118
Report #44673-16959, data current as of Thursday, January 23, 2014.

Sectio...
About BrokerCheck®
BrokerCheck offers information on all current-and many former-FINRA-registered securities brokers, and ...
www.finra.org/brokercheck

User Guidance

Report Summary for this Broker

BRIAN PRESLEY
CRD# 1077118
Currently employed by...
www.finra.org/brokercheck

User Guidance

Broker Qualifications
Registrations
This section provides the self-regulatory or...
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User Guidance

Broker Qualifications

Employment 1 of 1, continued
U.S. State/
Territory

Categ...
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User Guidance

Broker Qualifications

Employment 1 of 1, continued
5161 ACORN RANCH ROAD
PUNTA ...
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User Guidance

Broker Qualifications

Industry Exams this Broker has Passed
This section includ...
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User Guidance

Registration and Employment History
Registration History
The broker previously w...
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User Guidance

Registration and Employment History
Other Business Activities, continued
ADVICE....
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User Guidance

Disclosure Events

What you should know about reported disclosure events:
1. All...
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Customer Dispute

©2014 FINRA. All rights reserved.

User Guidance

1

2

Report# 44673-16959 a...
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User Guidance

Disclosure Event Details
When evaluating this information, please keep in mind t...
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User Guidance

Other Sanctions Ordered:
Sanction Details:
Summary:

SUMMARY COMPLAINT #NEW-423-...
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User Guidance

i
Disclosure 2 of 2
Reporting Source:

Regulator

Regulatory Action Initiated
By...
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User Guidance

i
Reporting Source:

Broker

Regulatory Action Initiated
By:

NATIONAL ASSOCIATI...
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User Guidance

Customer Dispute - Settled
This type of disclosure event involves a consumer-ini...
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User Guidance

Customer Dispute - Closed-No Action/Withdrawn/Dismissed/Denied
This type of disc...
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User Guidance

Customer Dispute - Pending
This type of disclosure event involves (1) a pending ...
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User Guidance

End of Report

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©2014 FINRA. All rights r...
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Brian Presley - FINRA BrokerCheck Report

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BrokerCheck report for Brian Presley. It is uploaded here by Vernon Healy law firm. To learn more about your broker, please visit investigate your broker, or call us at 877-649-5394.

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Brian Presley - FINRA BrokerCheck Report

  1. 1. BrokerCheck Report BRIAN PRESLEY CRD# 1077118 Report #44673-16959, data current as of Thursday, January 23, 2014. Section Title Page(s) Report Summary 1 Broker Qualifications 2-5 Registration and Employment History 6-7 Disclosure Events 8
  2. 2. About BrokerCheck® BrokerCheck offers information on all current-and many former-FINRA-registered securities brokers, and all current and former FINRA-registered securities firms. FINRA strongly encourages investors to use BrokerCheck to check the background of securities brokers and brokerage firms before deciding to conduct, or continue to conduct, business with them. · · · · · What is included in a BrokerCheck report? BrokerCheck reports for individual brokers include information such as employment history, professional qualifications, disciplinary actions, criminal convictions, civil judgments and arbitration awards. BrokerCheck reports for brokerage firms include information on a firm’s profile, history, and operations, as well as many of the same disclosure events mentioned above. Please note that the information contained in a BrokerCheck report may include pending actions or allegations that may be contested, unresolved or unproven. In the end, these actions or allegations may be resolved in favor of the broker or brokerage firm, or concluded through a negotiated settlement with no admission or finding of wrongdoing. Where did this information come from? The information contained in BrokerCheck comes from FINRA’s Central Registration Depository, or CRD® and is a combination of: o information FINRA and/or the Securities and Exchange Commission (SEC) require brokers and brokerage firms to submit as part of the registration and licensing process, and o information that regulators report regarding disciplinary actions or allegations against firms or brokers. How current is this information? Generally, active brokerage firms and brokers are required to update their professional and disciplinary information in CRD within 30 days. Under most circumstances, information reported by brokerage firms, brokers and regulators is available in BrokerCheck the next business day. What if I want to check the background of an investment adviser firm or investment adviser representative? To check the background of an investment adviser firm or representative, you can search for the firm or individual in BrokerCheck. If your search is successful, click on the link provided to view the available licensing and registration information in the SEC's Investment Adviser Public Disclosure (IAPD) website at http://www.adviserinfo.sec.gov. In the alternative, you may search the IAPD website directly or contact your state securities regulator at http://www.nasaa.org. Are there other resources I can use to check the background of investment professionals? FINRA recommends that you learn as much as possible about an investment professional before deciding to work with them. Your state securities regulator can help you research brokers and investment adviser representatives doing business in your state. Thank you for using FINRA BrokerCheck. Using this site/information means that you accept the FINRA BrokerCheck Terms and Conditions. A complete list of Terms and Conditions can be found at brokercheck.finra.org For additional information about the contents of this report, please refer to the User Guidance or www.finra.org/brokercheck. It provides a glossary of terms and a list of frequently asked questions, as well as additional resources. For more information about FINRA, visit www.finra.org.
  3. 3. www.finra.org/brokercheck User Guidance Report Summary for this Broker BRIAN PRESLEY CRD# 1077118 Currently employed by and registered with the following FINRA Firm(s): FSC SECURITIES CORPORATION 310 DUPONT STREET PUNTA GORDA, FL 33950 CRD# 7461 Registered with this firm since: 02/27/2009 This report summary provides an overview of the broker's professional background and conduct. Additional information can be found in the detailed report. Broker Qualifications This broker is registered with: 1 Self-Regulatory Organization 35 U.S. states and territories Is this broker currently suspended or inactive with any regulator? No Disclosure Events All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings, and criminal or civil judicial proceedings. This broker has passed: 3 Principal/Supervisory Exams 1 General Industry/Product Exam 2 State Securities Law Exams Registration History Are there events disclosed about this broker? Yes The following types of disclosures have been reported: Type Count 2 Regulatory Event This broker was previously registered with the following FINRA firm(s): Customer Dispute ADVANTAGE CAPITAL CORPORATION CRD# 146 PUNTA GORDA, FL 01/1987 - 02/2009 Investment Adviser Representative Information COOPER STREET GROUP SECURITIES, INC. CRD# 8102 01/1983 - 01/1987 ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 3 The information below represents the individual's record as a broker. For details on this individual's record as an investment adviser representative, visit the SEC's Investment Adviser Public Disclosure website at http://www.adviserinfo.sec.gov 1
  4. 4. www.finra.org/brokercheck User Guidance Broker Qualifications Registrations This section provides the self-regulatory organizations (SROs) and U.S. states/territories the broker is currently registered and licensed with, the category of each license, and the date on which it became effective. This section also provides, for every brokerage firm with which the broker is currently employed, the address of each branch where the broker works. This individual is currently registered with 1 SRO and is licensed in 35 U.S. states and territories through his or her employer. Employment 1 of 1 Firm Name: FSC SECURITIES CORPORATION Main Office Address: 2300 WINDY RIDGE PKWY SUITE 1100 ATLANTA, GA 30339 Firm CRD#: 7461 SRO Category Status Date FINRA General Securities Principal APPROVED 02/27/2009 FINRA General Securities Representative APPROVED 02/27/2009 FINRA Government Securities Principal APPROVED 02/27/2009 FINRA Government Securities Representative APPROVED 02/27/2009 FINRA Municipal Securities Principal APPROVED 02/27/2009 FINRA Registered Options Principal APPROVED 02/27/2009 U.S. State/ Territory Category Status Date U.S. State/ Territory Category Status Date Alabama Agent APPROVED 02/27/2009 Georgia Agent APPROVED 02/27/2009 Arizona Agent APPROVED 11/18/2009 Illinois Agent APPROVED 01/05/2010 Arkansas Agent APPROVED 02/27/2009 Indiana Agent APPROVED 02/27/2009 California Agent APPROVED 02/27/2009 Kentucky Agent APPROVED 01/04/2010 Colorado Agent APPROVED 02/27/2009 Louisiana Agent APPROVED 02/27/2009 Connecticut Agent APPROVED 02/27/2009 Maine Agent APPROVED 02/27/2009 District of Columbia Agent APPROVED 04/26/2010 Maryland Agent APPROVED 02/27/2009 Massachusetts Agent APPROVED 02/27/2009 Florida Agent APPROVED 02/27/2009 ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 2
  5. 5. www.finra.org/brokercheck User Guidance Broker Qualifications Employment 1 of 1, continued U.S. State/ Territory Category Status Date Michigan Agent APPROVED 02/27/2009 Minnesota Agent APPROVED 05/16/2013 Mississippi Agent APPROVED 02/27/2009 Missouri Agent APPROVED 02/27/2009 Montana Agent APPROVED 10/25/2010 New Jersey Agent APPROVED 02/27/2009 New Mexico Agent APPROVED 02/27/2009 New York Agent APPROVED 02/27/2009 North Carolina Agent APPROVED 02/27/2009 Ohio Agent APPROVED 02/27/2009 Oregon Agent APPROVED 12/08/2011 Pennsylvania Agent APPROVED 02/27/2009 Rhode Island Agent APPROVED 02/27/2009 South Carolina Agent APPROVED 02/27/2009 Tennessee Agent APPROVED 02/27/2009 Texas Agent APPROVED 02/27/2009 Vermont Agent APPROVED 08/27/2013 Virginia Agent APPROVED 02/27/2009 Wisconsin Agent APPROVED 02/27/2009 Branch Office Locations FSC SECURITIES CORPORATION 310 DUPONT STREET PUNTA GORDA, FL 33950 FSC SECURITIES CORPORATION ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 3
  6. 6. www.finra.org/brokercheck User Guidance Broker Qualifications Employment 1 of 1, continued 5161 ACORN RANCH ROAD PUNTA GORDA, FL 33982 ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 4
  7. 7. www.finra.org/brokercheck User Guidance Broker Qualifications Industry Exams this Broker has Passed This section includes all securities industry exams that the broker has passed. Under limited circumstances, a broker may attain a registration after receiving an exam waiver based on exams the broker has passed and/or qualifying work experience. Any exam waivers that the broker has received are not included below. This individual has passed 3 principal/supervisory exams, 1 general industry/product exam, and 2 state securities law exams. Principal/Supervisory Exams Exam Category Date Registered Options Principal Examination Series 4 07/26/1983 General Securities Principal Examination Series 24 01/28/1983 Municipal Securities Principal Examination Series 53 03/28/1983 Exam Category Date General Securities Representative Examination Series 7 01/15/1983 Exam Category Date Uniform Securities Agent State Law Examination Series 63 03/15/1983 Uniform Investment Adviser Law Examination Series 65 09/09/1994 General Industry/Product Exams State Securities Law Exams Additional information about the above exams or other exams FINRA administers to brokers and other securities professionals can be found at www.finra.org/brokerqualifications/registeredrep/. ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 5
  8. 8. www.finra.org/brokercheck User Guidance Registration and Employment History Registration History The broker previously was registered with the following FINRA firms: Registration Dates Firm Name CRD# Branch Location PUNTA GORDA, FL 01/1987 - 02/2009 ADVANTAGE CAPITAL CORPORATION 146 01/1983 - 01/1987 COOPER STREET GROUP SECURITIES, INC. 8102 Employment History Below is the broker's employment history for up to the last 10 years. Please note that the broker is required to provide this information only while registered with FINRA and the information is not updated after the broker ceases to be registered. Therefore, an employment end date of "Present" may not reflect the broker's current employment status. Employment Dates Employer Name Employer Location 02/2009 - Present FSC SECURITIES CORPORATION PUNTA GORDA, FL 12/1986 - 02/2009 ADVANTAGE CAPITAL CORPORATION PUNTA GORDA, FL Other Business Activities This section includes information, if any, as provided by the broker regarding other business activities the broker is currently engaged in either as a proprietor, partner, officer, director, employee, trustee, agent or otherwise. This section does not include non-investment related activity that is exclusively charitable, civic, religious or fraternal and is recognized as tax exempt. 1. CHARLOTTE SYMPHONY ORCHESTRA, NOT INVESTMENT RELATED, NON-PROFIT, TAYLOR ROAD, PUNTA GORDA, FL 33950, ADVISOR, 2002, 2 HRS/MO, 1 DURING TRADING HRS, ADVISOR ON FINANCIAL AND MARKETING ASPECTS OF THE SYMPHONY. 2. VISUAL ARTS CENTER OF CHARLOTTE COUNTY, INVESTMENT RELATED, NON-PROFIT, 210 MAUD ST., PUNTA GORDA, FL 33950, ADVISOR, 2007, 1.5 HRS/MO, 1 DURING TRADING HRS, ADVISOR TO PROVIDE STRATEGIC INVESTMENT ADVICE. 3. CHARLOTTE COMMUNITY FOUNDATION, NOT INVESTMENT RELATED, NON-PROFIT, 1675 MARION AVE. PUNTA GORDA FL, 33950, BOARD MEMBER, CHAIRMAN/BOARD, 2005, 5 HRS/MO, 1.5 DURING TRADING HRS, WORK WITH CHAIRMAN TO COORDINATE DONORS WITH GRANTS. 4. UNITED WAY OF CHARLOTTE COUNTY, INVESTMENT RELATED, NON-PROFIT, 17831 MURDOCK CIRCLE PORT CHARLOTTE, FL 33948, ADVISOR/REPRESENTATIVE, 2003, 1 HR/MO, 1 DURING TRADING HRS, ADVISE ON ASSET ALLOCATION AND MANAGER SELECTION FOR ENDOWMENT FUNDS & PROVIDE STRATEGIC ADVICE. ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 5. THE PRESLEY ADVISORY, INVESTMENT RELATED, CORPORATION, PUNTA GORDA, FL, PRESIDENT, 6
  9. 9. www.finra.org/brokercheck User Guidance Registration and Employment History Other Business Activities, continued ADVICE. 5. THE PRESLEY ADVISORY, INVESTMENT RELATED, CORPORATION, PUNTA GORDA, FL, PRESIDENT, 1/1/1990, 160 HRS/MO, 160 DURING TRADING HRS, DBA NAME 6. INSURANCE, INVESTMENT RELATED, PRESLEY INSURANCE AGENCY, PUNTA GORDA FL, OWNER, 1978, 4 HRS/MO, 4 DURING TRADING HRS, SALES AND SERVICE OF HEALTH POLICIES AND DISABILITY AND LTC ALL OTHER INS THRU AIG: VARIABLE ANNUITIES, VARIABLE LIFE OR VARIABLE UNIVERSAL LIFE, FIXED LIFE, HEALTH, ACCIDENT & DISABILITY. 7. INVESTMENT ADVISORY SERVICES, CORPORATE RIA, INVESTMENT RELATED, FSC SECURITIES INC, 1100 WINDY HILL PKWY ATLANTA, GA, STATUTORY AGENT, 2001, 8 HRS/MO, 8 DURING TRADING HRS, AIR AND REP FOR ACCOUNTS @ PERSHING OR CURIAN CAPITAL. 8. PRESLEY BEANE FINANCIAL SERVICES, INVESTMENT RELATED, PUNTA GORDA, FL 33982, PARTNER, 3/1/2011, 160 HRS/MO, 160 DURING TRADING HRS, DBA FOR BUSINESS AS REGISTERED REPRESENTATIVES OF FSC, AND REGISTERED AS FICTICIOUS NAME IN STATE OF FLORIDA. 9. DBA PRESLEY BEANE FINANCIAL SERVICES EFFECTIVE 3/16/2011 ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 7
  10. 10. www.finra.org/brokercheck User Guidance Disclosure Events What you should know about reported disclosure events: 1. All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings, and criminal or civil judicial proceedings. 2. Certain thresholds must be met before an event is reported to CRD, for example: o A law enforcement agency must file formal charges before a broker is required to disclose a particular criminal event. o A customer dispute must involve allegations that a broker engaged in activity that violates certain rules or conduct governing the industry and that the activity resulted in damages of at least $5,000. 3. Disclosure events in BrokerCheck reports come from different sources: o As mentioned at the beginning of this report, information contained in BrokerCheck comes from brokers, brokerage firms and regulators. When more than one of these sources reports information for the same disclosure event, all versions of the event will appear in the BrokerCheck report. The different versions will be separated by a solid line with the reporting source labeled. 4. There are different statuses and dispositions for disclosure events: o A disclosure event may have a status of pending, on appeal, or final. § A "pending" event involves allegations that have not been proven or formally adjudicated. § An event that is "on appeal" involves allegations that have been adjudicated but are currently being appealed. § A "final" event has been concluded and its resolution is not subject to change. o A final event generally has a disposition of adjudicated, settled or otherwise resolved. § An "adjudicated" matter includes a disposition by (1) a court of law in a criminal or civil matter, or (2) an administrative panel in an action brought by a regulator that is contested by the party charged with some alleged wrongdoing. § A "settled" matter generally involves an agreement by the parties to resolve the matter. Please note that brokers and brokerage firms may choose to settle customer disputes or regulatory matters for business or other reasons. § A "resolved" matter usually involves no payment to the customer and no finding of wrongdoing on the part of the individual broker. Such matters generally involve customer disputes. For your convenience, below is a matrix of the number and status of disclosure events involving this broker. Further information regarding these events can be found in the subsequent pages of this report. You also may wish to contact the broker to obtain further information regarding these events. Pending Regulatory Event ©2014 FINRA. All rights reserved. Final On Appeal 0 2 0 Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 8
  11. 11. www.finra.org/brokercheck Customer Dispute ©2014 FINRA. All rights reserved. User Guidance 1 2 Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. N/A 9
  12. 12. www.finra.org/brokercheck User Guidance Disclosure Event Details When evaluating this information, please keep in mind that a discloure event may be pending or involve allegations that are contested and have not been resolved or proven. The matter may, in the end, be withdrawn, dismissed, resolved in favor of the broker, or concluded through a negotiated settlement for certain business reasons (e.g., to maintain customer relationships or to limit the litigation costs associated with disputing the allegations) with no admission or finding of wrongdoing. This report provides the information exactly as it was reported to CRD and therefore some of the specific data fields contained in the report may be blank if the information was not provided to CRD. Regulatory - Final This type of disclosure event may involves (1) a final, formal proceeding initiated by a regulatory authority (e.g., a state securities agency, self-regulatory organization, federal regulatory such as the Securities and Exchange Commission, foreign financial regulatory body) for a violation of investment-related rules or regulations; or (2) a revocation or suspension of a broker's authority to act as an attorney, accountant, or federal contractor. Disclosure 1 of 2 Reporting Source: Regulator Regulatory Action Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Sanction(s) Sought: Other Sanction(s) Sought: Date Initiated: 10/12/1984 Docket/Case Number: NEW-423-SC Employing firm when activity occurred which led to the regulatory action: Product Type: Other Product Type(s): Allegations: Current Status: Final Resolution: Consent Resolution Date: 10/15/1984 Sanctions Ordered: Monetary/Fine $100.00 Other Sanctions Ordered: ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 10
  13. 13. www.finra.org/brokercheck User Guidance Other Sanctions Ordered: Sanction Details: Summary: SUMMARY COMPLAINT #NEW-423-SC, FILED 10/12/84, AND ACCEPTED 10/15/84, DIST. #5, WHEREIN RESPONDENTS ARE FINED $100, J&S (ARTICLE III, SECTION 1 OF THE RULES OF FAIR PRACTICE RESPONDENT MEMBER, ACTING THROUGH BRIAN PRESLEY, FAILED TO FILE FOCUS PART I REPORTS WITHIN TEN BUSINESS DAYS AFTER THE MONTHS OF DECEMBER 1983 AND MARCH, APRIL AND JUNE 1984. ***11/6/84, NEW-423-SC, PAID IN FULL. i Reporting Source: Broker Regulatory Action Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Sanction(s) Sought: Other Sanction(s) Sought: Date Initiated: 10/12/1984 Docket/Case Number: NEW-423-SC Employing firm when activity occurred which led to the regulatory action: Product Type: Other Product Type(s): Allegations: Current Status: Final Resolution: Consent Resolution Date: 10/15/1984 Sanctions Ordered: Monetary/Fine $100.00 Other Sanctions Ordered: Sanction Details: Summary: ©2014 FINRA. All rights reserved. ON 10/12/84, PRESLEY WAS FINED BY THE NASD. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 11
  14. 14. www.finra.org/brokercheck User Guidance i Disclosure 2 of 2 Reporting Source: Regulator Regulatory Action Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Sanction(s) Sought: Other Sanction(s) Sought: Date Initiated: 12/16/1985 Docket/Case Number: NEW-463-AWC Employing firm when activity occurred which led to the regulatory action: COOPER STREET GROUP SECURITIES, INC. Product Type: Other Product Type(s): Allegations: Current Status: Final Resolution: Consent Resolution Date: 12/16/1985 Sanctions Ordered: Censure Monetary/Fine $500.00 Other Sanctions Ordered: Sanction Details: Summary: ENTERED 12/30/85: ON DECEMBER 16, 1985, THE LETTER OF ACCEPTANCE, WAIVER AND CONSENT NO. NEW-463-AWC (DISTRICT NO. 5) SUBMITTED BY RESPONDENTS COOPER STREET GROUP SECURITIES, INC. AND BRIAN PRESLEY WAS ACCEPTED; THEREFORE, THEY ARE CENSURED AND FINED $500.00, JOINTLY AND SEVERALLY (ARTICLE III, SECTIONS 1 AND 21 OF THE RULES OF FAIR PRACTICE - INACCURATELY COMPUTED NET CAPITAL AND AGGREGATE INDEBTEDNESS ON FOCUS PARTS I AND II FILED FOR THE PERIOD ENDING JUNE 28, 1985). ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 12
  15. 15. www.finra.org/brokercheck User Guidance i Reporting Source: Broker Regulatory Action Initiated By: NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Sanction(s) Sought: Other Sanction(s) Sought: Date Initiated: 12/16/1985 Docket/Case Number: NEW-463-AWC Employing firm when activity occurred which led to the regulatory action: COOPER STREET GROUP SECURITIES, INC. Product Type: Other Product Type(s): Allegations: Current Status: Final Resolution: Consent Resolution Date: 12/16/1985 Sanctions Ordered: Censure Monetary/Fine $500.00 Other Sanctions Ordered: Sanction Details: Summary: ©2014 FINRA. All rights reserved. PRESLEY WAS CENSURED AND FINED IN NASD COMPLAINT #NEW-463-AWC. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 13
  16. 16. www.finra.org/brokercheck User Guidance Customer Dispute - Settled This type of disclosure event involves a consumer-initiated, investment-related complaint, arbitration proceeding or civil suit containing allegations of sale practice violations against the broker that resulted in a monetary settlement to the customer. Disclosure 1 of 1 Reporting Source: Broker Employing firm when activities occurred which led to the complaint: FSC SECURITIES CORPORATION Allegations: CLAIMANTS ALLEGE MISREPRESENATIONS, NEGLIGENCE AND BREACH OF FIDUCIARY DUTIES RELATIVE TO THEIR ACCOUNTS Product Type: Annuity-Variable Oil & Gas Real Estate Security Alleged Damages: $1,500,000.00 Arbitration Information Arbitration/CFTC reparation claim filed with (FINRA, AAA, CFTC, etc.): FINRA Docket/Case #: 11-00324 Date Notice/Process Served: 02/14/2011 Arbitration Pending? No Disposition: Settled Disposition Date: 12/21/2011 Monetary Compensation Amount: $125,000.00 Individual Contribution Amount: $0.00 Summary: WHILE THE CLAIM LACKED MERIT, THE FIRM ELECTED TO SETTLE THIS MATTER TO AVOID THE COST ASSOCIATED WITH DEFENDING THE ARBITRATION. ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 14
  17. 17. www.finra.org/brokercheck User Guidance Customer Dispute - Closed-No Action/Withdrawn/Dismissed/Denied This type of disclosure event involves (1) a consumer-initiated, investment-related arbitration or civil suit containing allegations of sales practice violations against the individual broker that was dismissed, withdrawn, or denied; or (2) a consumer-initiated, investment-related written complaint containing allegations that the broker engaged in sales practice violations resulting in compensatory damages of at least $5,000, forgery, theft, or misappropriation, or conversion of funds or securities, which was closed without action, withdrawn, or denied. Disclosure 1 of 1 Reporting Source: Broker Employing firm when activities occurred which led to the complaint: ADVANTAGE CAPITAL CORPORATION Allegations: CUSTOMER ALLEGES THAT REGISTERED REPRESENTATIVE REPRESENTED THAT THE INVESTMENT WAS LIQUID AND IT IS NOT. Product Type: Direct Investment(s) - DPP & LP Interest(s) Alleged Damages: $50,000.00 Customer Complaint Information Date Complaint Received: 09/12/2008 Complaint Pending? No Status: Denied Status Date: 11/03/2008 Settlement Amount: Individual Contribution Amount: ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 15
  18. 18. www.finra.org/brokercheck User Guidance Customer Dispute - Pending This type of disclosure event involves (1) a pending consumer-initiated, investment-related arbitration or civil suit that contains allegations of sales practice violations against the broker; or (2) a pending, consumer-initiated, investmentrelated written complaint containing allegations that the broker engaged in, sales practice violations resulting in compensatory damages of at least $5,000, forgery, theft, or misappropriation, or conversion of funds or securities. Disclosure 1 of 1 Reporting Source: Broker Employing firm when activities occurred which led to the complaint: FSC SECURITIES CORPORATION Allegations: CLIENTS ALLEGE THAT THE BEHRINGER HARVARD REIT WAS AN UNSUITABLE INVESTMENT. Product Type: Real Estate Security Alleged Damages: $50,000.00 Is this an oral complaint? No Is this a written complaint? No Is this an arbitration/CFTC reparation or civil litigation? Yes Arbitration/Reparation forum or court name and location: FINRA Docket/Case #: 12-04110 Filing date of arbitration/CFTC reparation or civil litigation: 11/30/2012 Customer Complaint Information Date Complaint Received: 12/13/2012 Complaint Pending? Yes Settlement Amount: Individual Contribution Amount: Summary: ©2014 FINRA. All rights reserved. RESPONDENTS DENY THE ALLEGATIONS CONTAINED IN THE STATEMENT OF CLAIM AS WITHOUT MERIT. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 16
  19. 19. www.finra.org/brokercheck User Guidance End of Report This page is intentionally left blank. ©2014 FINRA. All rights reserved. Report# 44673-16959 about BRIAN PRESLEY. Data current as of Thursday, January 23, 2014. 17

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