crd of michael yehuda rice

BrokerCheck ReportMICHAEL YEHUDA RICE

Report #86012-22763, data current as of Tuesday, June 24, 2014.

Section TitleReport Summary

Broker Qualifications

Registration and Employment History

Disclosure Events

CRD# 1551556

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2 - 4

5 - 6

7

Page(s)

About BrokerCheck

BrokerCheck offers information on all current, and many former, registered securities brokers, and all current and formerregistered securities firms. FINRA strongly encourages investors to use BrokerCheck to check the background ofsecurities 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, professionalqualifications, disciplinary actions, criminal convictions, civil judgments and arbitration awards. BrokerCheckreports for brokerage firms include information on a firms profile, history, and operations, as well as many of thesame disclosure events mentioned above.Please note that the information contained in a BrokerCheck report may include pending actions or allegationsthat may be contested, unresolved or unproven. In the end, these actions or allegations may be resolved in favorof the broker or brokerage firm, or concluded through a negotiated settlement with no admission or finding ofwrongdoing.

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o information FINRA and/or the Securities and Exchange Commission (SEC) require brokers andbrokerage firms to submit as part of the registration and licensing process, and

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Generally, active brokerage firms and brokers are required to update their professional and disciplinaryinformation in CRD within 30 days. Under most circumstances, information reported by brokerage firms, brokersand regulators is available in BrokerCheck the next business day.

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brokercheck.finra.org

MICHAEL Y. RICECRD# 1551556

Currently employed by and registered with thefollowing Firm(s):

TRIPOINT GLOBAL EQUITIES, LLC130 WEST 42ND STREET10TH FLNEW YORK, NY 10036CRD# 143174Registered with this firm since: 02/15/2013

LIFESCI CAPITAL250 West 55th StreetSuite 16BNew York, NY 10019CRD# 168404Registered with this firm since: 06/18/2014

Report Summary for this Broker

This report summary provides an overview of the broker's professional background and conduct. Additionalinformation can be found in the detailed report.

Disclosure Events

All individuals registered to sell securities or provideinvestment advice are required to disclose customercomplaints and arbitrations, regulatory actions,employment terminations, bankruptcy filings, andcriminal or civil judicial proceedings.

Are there events disclosed about this broker? Yes

The following types of disclosures have beenreported:Type CountRegulatory Event 1Customer Dispute 4

Investment Adviser RepresentativeInformation

http://www.adviserinfo.sec.gov

The information below represents the individual'srecord as a broker. For details on this individual'srecord as an investment adviser representative,visit the SEC's Investment Adviser PublicDisclosure website at

Broker QualificationsThis broker is registered with:

1 Self-Regulatory Organization0 U.S. states and territories

This broker has passed:1 Principal/Supervisory Exam3 General Industry/Product Exams2 State Securities Law Exams

Registration HistoryThis broker was previously registered with thefollowing securities firm(s):

MD GLOBAL PARTNERS, LLCCRD# 140988NEW YORK, NY11/2010 - 04/2011

CANACCORD ADAMS INC.CRD# 1020NEW YORK, NY05/2007 - 11/2008

THINKEQUITY PARTNERS LLCCRD# 44274NEW YORK, NY04/2005 - 04/2007

www.finra.org/brokercheck User Guidance

12014 FINRA. All rights reserved. Report# 86012-22763 about MICHAEL Y. RICE. Data current as of Tuesday, June 24, 2014.



RegistrationsThis section provides the self-regulatory organizations (SROs) and U.S. states/territories the broker is currentlyregistered and licensed with, the category of each license, and the date on which it became effective. This section alsoprovides, for every brokerage firm with which the broker is currently employed, the address of each branch where thebroker works.This individual is currently registered with 1 SRO and is licensed in 0 U.S. states and territories through his orher employer.

Employment 1 of 2Firm Name:Main Office Address:

Firm CRD#:

LIFESCI CAPITAL

168404

250 WEST 55TH STREETSUITE 16BNEW YORK, NY 10019

SRO Category Status Date

FINRA General Securities Principal APPROVED 06/18/2014

FINRA General Securities Representative APPROVED 06/18/2014

FINRA Investment Banking Representative APPROVED 06/18/2014

Branch Office Locations

LIFESCI CAPITAL250 West 55th StreetSuite 16BNew York, NY 10019

Employment 2 of 2Firm Name:Main Office Address:

Firm CRD#:

TRIPOINT GLOBAL EQUITIES, LLC

143174

130 WEST 42ND STREET10TH FLNEW YORK, NY 10036

SRO Category Status Date

FINRA General Securities Representative APPROVED 02/15/2013




Employment 2 of 2, continued

Branch Office Locations

TRIPOINT GLOBAL EQUITIES, LLC130 WEST 42ND STREET10TH FLNEW YORK, NY 10036




Industry Exams this Broker has Passed

This individual has passed 1 principal/supervisory exam, 3 general industry/product exams, and 2 statesecurities law exams.

This section includes all securities industry exams that the broker has passed. Under limited circumstances, a brokermay attain a registration after receiving an exam waiver based on exams the broker has passed and/or qualifying workexperience. Any exam waivers that the broker has received are not included below.

Exam Category Date

Principal/Supervisory Exams

General Securities Principal Examination 12/31/2013Series 24

Exam Category Date

General Industry/Product Exams

National Commodity Futures Examination 09/10/1987Series 3

General Securities Representative Examination 07/18/1987Series 7

Investment Banking Registered Representative Examination 04/23/2014Series 79

Exam Category Date

State Securities Law Exams

Uniform Securities Agent State Law Examination 05/15/1987Series 63

Uniform Combined State Law Examination 11/27/2002Series 66

Additional information about the above exams or other exams FINRA administers to brokers and other securitiesprofessionals can be found at www.finra.org/brokerqualifications/registeredrep/.




Registration History

Registration Dates Firm Name CRD# Branch Location

The broker previously was registered with the following firms:

11/2010 - 04/2011 MD GLOBAL PARTNERS, LLC 140988 NEW YORK, NY

05/2007 - 11/2008 CANACCORD ADAMS INC. 1020 NEW YORK, NY

04/2005 - 04/2007 THINKEQUITY PARTNERS LLC 44274 NEW YORK, NY

08/2003 - 03/2005 BANC OF AMERICA INVESTMENT SERVICES,INC.

16361 BOSTON, MA

10/2001 - 09/2003 BANC OF AMERICA SECURITIES LLC 26091 NEW YORK, NY

02/2000 - 10/2001 J.P. MORGAN SECURITIES INC. 18718 NEW YORK, NY

04/1998 - 02/2000 HAMBRECHT & QUIST LLC 940 SAN FRANCISCO, CA

04/1996 - 04/1998 BEAR, STEARNS & CO. INC. 79 NEW YORK, NY

09/1994 - 04/1996 ALEX. BROWN & SONS INCORPORATED 20

04/1994 - 08/1994 DABNEY/RESNICK, INC. 24367 BEVERLY HILLS, CA

07/1992 - 03/1994 WERTHEIM SCHRODER & CO.INCORPORATED

6112 NEW YORK, NY

03/1989 - 07/1992 LEHMAN BROTHERS INC. 7506 NEW YORK, NY

07/1987 - 04/1989 DREXEL BURNHAM LAMBERTINCORPORATED

7323

Employment History

Employment Dates Employer Name Employer Location

This section provides up to 10 years of an individual broker's employment history as reported by the individual broker onthe most recently filed Form U4.

Please note that the broker is required to provide this information only while registered with FINRA or a nationalsecurities exchange and the information is not updated via Form U4 after the broker ceases to be registered.Therefore, an employment end date of "Present" may not reflect the broker's current employment status.

07/2013 - Present LIFESCI CAPITAL NY, NY

02/2013 - Present TRIPOINT GLOBAL EQUITIES, LLC NEW YORK, NY




Employment History, continued

Employment Dates Employer Name Employer Location03/2010 - Present LIFESCI ADVISORS NEW YORK, NY

11/2010 - 02/2011 MD GLOBAL PARTNERS, LLC NEW YORK, NY

11/2008 - 03/2010 SELF-EMPLOYED NEW YORK, NY

04/2007 - 11/2008 CANACCORD ADAMS NEW YORK, NY

04/2005 - 04/2007 THINKEQUITY PARTNERS LLC NEW YORK, NY

08/2003 - 03/2005 BANC OF AMERICA INVESTMENT SERVICES, INC. NEW YORK, NY

08/2003 - 03/2005 BANK OF AMERICA, N.A. NEW YORK, NY

Other Business ActivitiesThis section includes information, if any, as provided by the broker regarding other business activities the broker iscurrently engaged in either as a proprietor, partner, officer, director, employee, trustee, agent or otherwise. This sectiondoes not include non-investment related activity that is exclusively charitable, civic, religious or fraternal and isrecognized as tax exempt.

LIFESCI ADVISORS, LLC, NON INVESTMENT RELATED, 1350 AVENUE OF THE AMERICAS, SUITE 2801, NEWYORK, NY 10019, INVESTOR RELATIONS CONSULTANCY, OWNER, FOUNDING PARTNER, MARCH 1, 2010, 40HOURS/WEEK, 30 HOURS/WEEK, MAKE STRATEGIC DECISIONS, PERFORM CORPORATE DEVELOPMENT,GENERAL, LEGAL, FINANCIAL, AND ACCOUNTING OPERATIONS OF THE COMPANY. LIFESCI CAPITAL, LLC,INVESTMENT RELATED, 1350 AVENUE OF THE AMERICAS, SUITE 2801, NEW YORK, NY 10019, LLC FORMEDWITH THE INTENTION OF BECOMING A REGISTERED INTRODUCING BROKER-DEALER, OWNER, PRESIDENT,MARCH 4, 2013, 1 HOURS/WEEK, 0 HOURS/WEEK, MAKE STRATEGIC DECISIONS, GENERAL, LEGAL,FINANCIAL, AND ACCOUNTING OPERATIONS OF THE COMPANY. TRIPOINT GLOBAL EQUITIES, LLC - 130WEST 42ND STREET, NEW YORK, NY 10036 - INVESTMENT RELATED - REGISTERED REPRESENTATIVE - 10HRS/WEEK - 10 HRS/WEEK.



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 customercomplaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings, and criminal or civiljudicial 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 samedisclosure event, all versions of the event will appear in the BrokerCheck report. The different versionswill 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 partycharged with some alleged wrongdoing.

A "settled" matter generally involves an agreement by the parties to resolve the matter. Pleasenote that brokers and brokerage firms may choose to settle customer disputes or regulatorymatters for business or other reasons.

A "resolved" matter usually involves no payment to the customer and no finding of wrongdoingon 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 maywish to contact the broker to obtain further information regarding these events.

Final On AppealPendingRegulatory Event 0 1 0



Customer Dispute 0 4 N/A



Disclosure Event DetailsWhen evaluating this information, please keep in mind that a discloure event may be pending or involve allegationsthat 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., tomaintain customer relationships or to limit the litigation costs associated with disputing the allegations) with noadmission or finding of wrongdoing.

This report provides the information exactly as it was reported to CRD and therefore some of the specific data fieldscontained in the report may be blank if the information was not provided to CRD.

Regulatory - FinalThis type of disclosure event may involves (1) a final, formal proceeding initiated by a regulatory authority (e.g., a statesecurities 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 orsuspension of a broker's authority to act as an attorney, accountant, or federal contractor.Disclosure 1 of 1Reporting Source: RegulatorRegulatory Action InitiatedBy:

SC Securities Division

Sanction(s) Sought:

Other Sanction(s) Sought:

Date Initiated: 06/16/1998

Docket/Case Number: 98197

Employing firm when activityoccurred which led to theregulatory action:

Product Type:

Other Product Type(s):

Allegations: Applicant filed a materially incompleteapplication.

Current Status: Final

Resolution: Order

Resolution Date: 04/28/1999Sanctions Ordered:



Sanctions Ordered:

Other Sanctions Ordered:

Sanction Details: A CONSENT ORDER ENTERED INTO WHEREBY THE EARLIERORDER OF DENIAL WILL NOT CONSTITUTE A BAR TO REGISTRATION IN SCPROVIDED THAT AGENT WITHDRAWS HIS PENDING APPLICATION WITHIN24HOURS OF THE EXECUTION OF THIS ORDER.

Regulator Statement CONTACT: SC SECURITIES DIVISION 803-734-4731

Revocation/Expulsion/Denial

iReporting Source: BrokerRegulatory Action InitiatedBy:

SOUTH CAROLINA SECURITIES DIVISION("DIVISION")

Sanction(s) Sought: Other

Other Sanction(s) Sought: AFTER REAPPLYING FOR REGISTRATION, MR. RICE AGREED TO ACONSENT ORDER WHEREBY THE DIVISION AGREED THAT ITSPRIOR ORDER OF DENIAL WILL NOT CONSTITUTE A BAR TO FUTUREREGISTRATION IF HE WITHDREW HIS APPLICATION.

Date Initiated: 06/16/1998

Docket/Case Number: 98197

Employing firm when activityoccurred which led to theregulatory action:

HAMBRECHT & QUIST LLC

Product Type: No Product

Other Product Type(s):

Allegations: THE DIVISION ISSUED AN ORDER OF DENIAL BECAUSE INFORMATION ITREQUESTED WAS NOT PROVIDED BY ITS DEADLINE.

Current Status: Final

Appealed To and Date AppealFiled:

N/A

Resolution: Order

Resolution Date: 04/28/1999Sanctions Ordered:

N/A

Revocation/Expulsion/Denial



Other Sanctions Ordered: N/A

Sanction Details: AFTER REAPPLYING FOR REGISTRATION, MR. RICE AGREED TO ACONSENT ORDER WHEREBY THE DIVISION AGREED THAT ITSPRIOR ORDER OF DENIAL WILL NOT CONSTITUTE A BAR TO FUTUREREGISTRATION IF HE WITHDREW HIS APPLICATION.

Broker Statement THE FAILURE TO RESPOND TO THE DIVISION'S REQUEST FORINFORMATION BY THE REQUIRED DEADLINE WAS INADVERTENT ANDDUE TO AN ADMINISTRATIVE ERROR.



Customer Dispute - SettledThis type of disclosure event involves a consumer-initiated, investment-related complaint, arbitration proceeding or civilsuit containing allegations of sale practice violations against the broker that resulted in a monetary settlement to thecustomer.Disclosure 1 of 3Reporting Source: FirmEmploying firm whenactivities occurred which ledto the complaint:

Allegations:

HAMBRECHT & QUIST

CLIENT WAS DISAPPOINTED OVER THE PERFORMANCE OF HIS ACCOUNTDURING THE YEAR 2000, WHERE HE LOST $2 MILLION OF THE $2.35MILLION HE INVESTED IN TECHNOLOGY STOCKS ON MARGIN.

Product Type: Equity - OTC

Alleged Damages:

Date Complaint Received: 04/20/2001

Complaint Pending? No

Status:

Status Date: 10/23/2002

Settlement Amount: $750,000.00

Individual ContributionAmount:

$0.00

Customer Complaint Information

Settled

iReporting Source: BrokerEmploying firm whenactivities occurred which ledto the complaint:

Allegations:

HAMBRECHT & QUIST

CLIENT WAS DISAPPOINTED OVER THE PERFORMANCE OF HIS ACCOUNTDURING THE YEAR 2000, WHERE HE LOST $2 MILLION OF THE $2.35MILLION HE INVESTED IN TECHNOLOGY STOCKS ON MARGIN.[CUSTOMER'S] COMPLAINT RELATED ONLY TO THE "PERFORMANCE" OFHIS ACCOUNT AND THE FIRM'S RECOMMENDATIONS IN CONNECTIONTHEREWITH. [CUSTOMER] SPECIFICALLY INDICATES IN HIS COMPLAINTLETTER THAT HE WAS NOT COMPLAINING ABOUT MY HANDLING OF HISACCOUNT. ON OCTOBER 21, 2002, [CUSTOMER] WROTE A LETTER TO MYPRIOR EMPLOYER, IN WHICH HE STATES THE FOLLOWING: "I HAVEDISCUSSED THIS MATTER WITH MY ATTORNEY, WHO IS AN EXPERIENCEDSECURITIES PRACTICIONER, AND WISH TO MAKE IT CLEAR THAT MYUNHAPPINESS DID NOT RELATE TO THE BROKERS WHO SERVICED MYACCOUNT." [CUSTOMER] ALSO WRITES THE FOLLOWING: "MY TRADESWERE DISCUSSED AT LENGTH, I PLACED ALL ORDERS, THE STOCKCHOSEN MET MY INVESTMENT OBJECTIVES AND THE ACCOUNT ACTIVITYMET MY NEEDS." IN SHORT, [CUSTOMER'S] COMPLAINT WAS NOT OF ASALES PRACTICE NATURE AND HAD NOTHING TO DO WITH MY ACTIONSAS A BROKER.



PRIOR EMPLOYER, IN WHICH HE STATES THE FOLLOWING: "I HAVEDISCUSSED THIS MATTER WITH MY ATTORNEY, WHO IS AN EXPERIENCEDSECURITIES PRACTICIONER, AND WISH TO MAKE IT CLEAR THAT MYUNHAPPINESS DID NOT RELATE TO THE BROKERS WHO SERVICED MYACCOUNT." [CUSTOMER] ALSO WRITES THE FOLLOWING: "MY TRADESWERE DISCUSSED AT LENGTH, I PLACED ALL ORDERS, THE STOCKCHOSEN MET MY INVESTMENT OBJECTIVES AND THE ACCOUNT ACTIVITYMET MY NEEDS." IN SHORT, [CUSTOMER'S] COMPLAINT WAS NOT OF ASALES PRACTICE NATURE AND HAD NOTHING TO DO WITH MY ACTIONSAS A BROKER.

Product Type: Equity - OTC

Alleged Damages:



Status:




$0.00


Settled

Disclosure 2 of 3i

Reporting Source: FirmEmploying firm whenactivities occurred which ledto the complaint:

Allegations:

LEHMAN BROTHERS

alleged: churning, misrepresentation,unsuitability, breach of fiduciary duty, and breach ofcontract. alleged loss of $25,000.00

Product Type:

Alleged Damages: $25,000.00



Status:




Status:

Status Date:



Firm Statement this matter was settled for $14,000.00contact: lisa waters (212)640-8604.

Settled


Allegations:

LEHMAN BROTHERS

ACCOUNT RELATED BREACH OF CONTRACT,CHURNING,MISREPRESENTATION, UNSUITABILITY. ASKED FORACTUAL/COMPENSATORY DAMAGES $25,000.00.

Product Type: Equity Listed (Common & Preferred Stock)




Status:




$0.00

Arbitration/Reparation Claimfiled with and Docket/CaseNo.:

N/A

Date Notice/Process Served:

Arbitration Pending?


Arbitration Information

Civil Litigation Information

Settled



Court Details: N/ADate Notice/Process Served:

Litigation Pending?

Broker Statement SETTLED FOR $14,000.00 (CONTACT [THIRD PARTY] (212)640-8604). THEREWERE TRANSACTIONS IN ANY FIVE SECURITIES EACH OF WHICH WASDISCUSSED IN ADVANCE WITH [CUSTOMER] AND AUTHORIZED BY HIM,AND EACH REPRESENTS THE FIRM'S RESEARCH DEPARTMENT VIEW OFTHE PARTICULAR SECURITY AND WAS SUITABLE FOR HIM. [CUSTOMER]MADE ALL INVESTMENT DECISIONS AND AUTHORIZED EVERYTRANSACTION IN ADVANCE. BOTH THE NEW YORK STOCK EXCHANGEAND SEC INVESTIGATED THIS COMPLAINT. THEY EACH CONCLUDEDTHAT MR. RICE ENGAGED IN NO WRONGDOING WHATSOEVER WITHRESPECT TO THIS ACCOUNT. LEHMAN BROTHERS ALSO INVESTED THISCOMPLAINT AND CONCLUDED THAT MR. RICE ENGAGED IN NOWRONGDOING WITH RESPECT TO THIS ACCOUNT.

Disclosure 3 of 3i

Reporting Source: FirmEmploying firm whenactivities occurred which ledto the complaint:

Allegations:

SHEARSON LEHMAN BROTHERS

ALLEGED UNSUITABILITY AS TO SECURITIES IN HISACCOUNT. ALLEGED DAMAGES OF APPROXIMATELY $40,000.00.

Product Type:


Date Complaint Received:


Status:

Status Date:

Settlement Amount:



National Association of Securities Dealers, Inc.; 91-00447



Arbitration/Reparation




National Association of Securities Dealers, Inc.; 91-00447

Date Notice/Process Served: 01/01/1991

Arbitration Pending? No

Disposition: Settled

Disposition Date: 12/31/1991Monetary CompensationAmount:

$17,500.00

Firm Statement THIS MATTER WAS SETTLED FOR $17,500.00. F.C.NOT ASKED TO CONTRIBUTE.NO OPTIONS OR COMMODITIES CONTACT PERSON - LINDACASSANO - LEGAL (212) 891-2556


$0.00


Allegations:

SHEARSON LEHMAN BROTHERS

CHURNING, EXCESSIVE TRADING ACTIVITY, UNSUITABILITY. ALLEGEDCOMPENSATORY DAMAGES $39,725.00.





Status:


Settlement Amount:








NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC.; 91-00447



Disposition: Settled

Disposition Date: 12/31/1991Monetary CompensationAmount:

$17,500.00

Broker Statement THE MATTER SETTLED FOR $17,500.00 BY THE FIRM. I WAS NOT ASKEDTO, NOR DID I CONTRIBUTE TO THE SETTLEMENT. THE FIRMDECIDED TO SETTLE THE CASE FOR $17,500.00 TO AVOID THEINCONVENIENCE AND EXPENSE OF AN ARBITRATION PROCEEDING INMAINE. THE FIRM CONCLUDED THERE WERE NO INPROPRIETORS ON MYPART AND I DIDN'T CONTRIBUTE TO THE SETTLEMENT. THE NEW YORKSTOCK EXCHANGE IN ADDITION TO LEHMAN BROTHERS, ALSOINVESTIGATED THIS COMPLAINT AND CONCLUDED THAT MR. RICEENGAGED IN NO WRONGDOING WHATSOEVER WITH RESPECT TO THISACCOUNT.


$0.00



Customer Dispute - Closed-No Action/Withdrawn/Dismissed/DeniedThis type of disclosure event involves (1) a consumer-initiated, investment-related arbitration or civil suit containingallegations of sales practice violations against the individual broker that was dismissed, withdrawn, or denied; or (2) aconsumer-initiated, investment-related written complaint containing allegations that the broker engaged in sales practiceviolations resulting in compensatory damages of at least $5,000, forgery, theft, or misappropriation, or conversion offunds or securities, which was closed without action, withdrawn, or denied.Disclosure 1 of 1Reporting Source: FirmEmploying firm whenactivities occurred which ledto the complaint:

Allegations:

SHEARSON LEHMAN BROTHERS, INC.

CHURNING/UNAUTHORIZED TRADING, ALLEGED LOSSESOF $15,000.00

Product Type:


Date Complaint Received:


Status:

Status Date:

Settlement Amount:



New York Stock Exchange; 1991001413



Disposition: Dismissed

Disposition Date: 12/01/1992

Firm Statement SHEARSON SETTLED WITH CLAIMANT FOR $12,500.NO OPTIONS OR COMMODITIES CONTACT PERSON: JOHN P. BEVILACQUA (212) 464-7279






CONTACT PERSON: JOHN P. BEVILACQUA (212) 464-7279


Allegations:

SHEARSON LEHMAN BROTHERS, INC.

UNSUITABILITY AS TO THE SECURITIES IN THE ACCOUNT. ALLEGED LOSSOF $15,000.00 (APPROXIMATE).





Status:




$0.00


NEW YORK STOCK EXCHANGE; 1991001413



Disposition: Dismissed

Disposition Date: 12/15/1992

Broker Statement CLAIM SETTLED FOR $12,500.00 BY SHEARSON LEHMAN BROTHERS, INC. IWAS NOT ASKED NOR DID I CONTRIBUTE TO THE SETTLEMENT.I DO NOT BELIEVE THE SECURITIES PURCHASED IN THEACCOUNT WERE UNSUITABLE FOR THE CUSTOMER'S OBJECTIVES AND IHAVE DENIED THE ALLEGATIONS OF THE COMPLAINT. THE FIRMCONCLUDED THERE WERE NO IMPROPRIETIES ON MY PART AND IDID NOT CONTRIBUTE TO THE SETTLEMENT.



Arbitration/ReparationSettled



DID NOT CONTRIBUTE TO THE SETTLEMENT.



End of Report

This page is intentionally left blank.


Report SummaryBroker QualificationsRegistration and Employment HistoryDisclosure EventsDisclosure InformationRegulatory - FinalDisclosure #1

Customer Dispute - SettledDisclosure #1Disclosure #2Disclosure #3

Customer Dispute - Closed-No Action/Withdrawn/Dismissed/DeniedDisclosure #1

crd of michael yehuda rice

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