Martha Stewarts Broker->NASD Registered Person: PETER E BACANOVIC
CRD Number: 2416631
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CUSTOMER COMPLAINTS
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DISCLOSURE INFORMATION
This section contains information regarding customer complaints that were
reported to CRD. These events are disclosable through the Public Disclosure
Program and include consumer-initiated, investment-related arbitration
proceedings or civil suits which contain allegations of sales practice
violations against the broker and are either pending, resulted in an award
against the broker, or were settled for $10,000 or more. Customer complaint
events also include consumer-initiated, investment-related complaints which
contain allegations of sales practice violations against the broker and which
were settled for $10,000 or more, as well as consumer-initiated,
investment-related written complaints filed within the past twenty-four months
which contain either allegations of sales practice violations and damages of
$5,000 or allegations of forgery, theft, or misappropriation of funds or
securities.
Some of the fields in this section of the report may be blank if the information
was not provided to CRD.
The customer complaints listed in this report may include allegations that have
been filed with a firm, an arbitration forum, or a court, but that have not
been verified or proven to be true. Therefore, you should not assume that all
allegations that may be contained in this report are true or will be proven to
be true. The NASD encourages you to discuss any concerns you may have with the
information contained in this report with your firm or broker, who can provide
you with any further information that you may require.
** OCCURRENCE COUNTS ** 1 Record(s)
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** FIELD DEFINITIONS **
* Reporting Source: The form through which details of the customer
complaint was reported to CRD.
* Date Reported: The date the customer complaint was reported to CRD.
* Date Received: Date the complaint was received at the firm or filed
as an arbitration or civil suit.
* Employing Firm: Firm where broker was employed when activity
occurred that led to the complaint.
* Allegations: Allegations made against the broker leading to the
customer complaint.
* Alleged Damages: Alleged dollar amount of compensatory damages sought
by the customer.
* Action Pending?: An indication (i.e., yes or no) as to whether the
complaint is still pending.
* Status: Status of complaint if not pending (e.g., closed,
resulted in no action taken, withdrawn, denied,
settled, resulted in an arbitration or litigation,
etc.).
* Resolution Date: Date associated with the status of the complaint.
Will be blank if complaint is still pending.
* Settlement Amount: The dollar amount the firm and/or individual broker
paid the customer to satisfy the claim.
* Individual ContributionThe dollar amount the indvidual broker contributed
to the settlement amount.
* Arbitration/Reparation The name of the self-regulatory organization/agency
where the claim was filed and the claim 's docket
case number.
* Service Date: The date the firm/individual broker received notice
of the claim or the date Service of Process for the
claim was received.
* Pending?: An indication (i.e., yes or no) as to whether the
claim is still pending.
* Monetary Compensation: The dollar amount the individual broker paid in
accordance with an arbitration/civil litigation
award, settlement, or reparation.
* Disposition: Details of the disposition of the arbitration,
reparation or litigation if status of the
complaint indicates either arbitration, reparation
or litigation.
NASDR Public Disclosure Program June 17, 2002 Page 5
This information is current as of: 06/17/2002
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NASD Registered Person: PETER E BACANOVIC
CRD Number: 2416631
CUSTOMER COMPLAINTS(cont.)
* Disposition Date: The disposition date of the arbitration, reparation
or litigation.
* Summary: Details related to the circumstances of the
complaint.
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******** CUSTOMER COMPLAINT (1 of 1) ********
Reporting Source: Broker (Form U-4)
Date Reported: 11/16/2001
Date Received: 10/25/2001
Employing Firm: MERRILL LYNCH
Allegations: CUSTOMER CLAIMS THAT STARTING ON OCTOBER 19, 1999, SHE RECEIVED
CARELESS, UNSKILLFUL AND NEGLIGENT ADVISE IN CONNECTION WITH
OPTIONS WHICH SHE RECEIVED FROM HER FORMER EMPLOYER, AS A
RESULT OF WHICH SHE LOST ALL RIGHTS TO EXERCISE THESE OPTIONS.
Alleged Damages: $5,000,000.00
Action Pending?: No
Resolution: Civil Litigation
Resolution
Date: 10/25/2001
Court Details: SUPREME COURT; STATE OF NY; COUNTY OF WESTCHESTER; INDEX NO.
16862/01
Service Date: 10/25/2001
Pending?: Yes
Disposition
Details: THIS CLAIM IS UNDER REVIEW.
************ END OF REPORT ************ |
