Usaa Investment Services Company

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Item 11.H. of Part
1A or Item 2.F. of Part 1B of Form ADV.
Civil Judicial
Check Part 1A item(s) being responded to:
11.H(1)(a)
11.H(1)(b)
11.H(1)(c)
11.H(2)
Check Part 1B item(s) being responded to:
2.F(1)
2.F(2)
2.F(3)
2.F(4)
2.F(5)
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page.
One event may result in more than one affirmative answer to Item 11.H. of Part 1A or Item 2.F. of Part 1B. Use only one DRP to report details related to the
same event. Unrelated civil judicial actions must be reported on separate DRPs.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):

You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.H.
(1)(a), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Court Action initiated by: (Name of regulator, foreign financial regulatory authority, SRO, commodities exchange, agency, firm, private plaintiff, etc.) 
PRIVATE PLAINTIFF: ROBERT ANTHONY ALBINO
2.
Principal Relief Sought:
Money Damages (Private/Civil Complaint)
Other Relief Sought: 
PLAINTIFF SEEKS COMPENSATORY AND PUNITIVE DAMAGES, ATTORNEYS' FEES AND COSTS
3.
Filing Date of Court Action (MM/DD/YYYY):
11/20/2019
 Exact
 Explanation
If not exact, provide explanation:
LAWSUIT WAS FILED BY ACCOUNT OWNER'S SON
4.
Principal Product Type:
Other
Other Product Types: 
SIMPLIFIED EMPLOYEE PENSION (SEP) INDIVIDUAL RETIREMENT ACCOUNT (IRA)
5.
Formal Action was brought in (include name of Federal, State or Foreign Court, Location of Court - City or County and State or Country, Docket/Case
Number): 
HILLSBOROUGH COUNTY, FLORIDA CIRCUIT COURT, NO. 19-CA-11893
6.
Advisory Affiliate Employing Firm when activity occurred which led to the civil judicial action (if applicable): 
7.
Describe the allegations related to this civil action (your response must fit within the space provided): 
PLAINTIFF ASSERTS THAT HE WAS THE NAMED BENEFICIARY OF A SEP IRA ACCOUNT AT THE TIME OF HIS MOTHER'S DEATH, BUT THAT DEFENDANTS
WRONGFULLY DECLARED HIS FATHER TO BE OWNER OF THE ACCOUNT.
8.
Current Status? 
 Pending
 On Appeal
 Final
9.
If on appeal, action appealed to (provide name of court) and Date Appeal Filed (MM/DD/YYYY): 
10. If pending, date notice/process was served (MM/DD/YYYY):
 Exact
 Explanation
If not exact, provide explanation:

THE MATTER IS NOT PENDING.
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 14 only.
11. How was matter resolved:
Settled
12. Resolution Date (MM/DD/YYYY): 
10/19/2022
 Exact
 Explanation
If not exact, provide explanation:
13. Resolution Detail:
A.  Were any of the following Sanctions Ordered or Relief Granted(check appropriate items)?
Monetary/Fine Amount: $ 30,000.00
Revocation/Expulsion/Denial
Disgorgement/Restitution
Censure
Cease and Desist/Injunction
Bar
Suspension
B.
Other Sanctions:
C.
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement, or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived:
THE PARTIES AGREED TO SETTLE THE MATTER. WITHOUT ANY ADMISSION OF FAULT, LIABILITY OR WRONGDOING, THE DEFENDANT AGREED TO
PAY THE PLAINTIFF THE SUM OF $30,000.
14. Provide a brief summary of circumstances related to the action(s), allegation(s), disposition(s) and/or finding(s) disclosed above (your response must
fit within the space provided). 
PLAINTIFF ASSERTED THAT HE WAS THE NAMED BENEFICIARY OF A SEP IRA ACCOUNT AT THE TIME OF HIS MOTHER'S DEATH, BUT THAT DEFENDANT
WRONGFULLY DECLARED HIS FATHER TO BE OWNER OF THE ACCOUNT. THE PARTIES AGREED TO SETTLE THE MATTER. WITHOUT ANY ADMISSION OF
FAULT, LIABILITY OR WRONGDOING, THE DEFENDANT AGREED TO PAY THE PLAINTIFF THE SUM OF $30,000. THE PAYMENT WAS MADE ON 11/8/22.

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Item 11.H. of Part
1A or Item 2.F. of Part 1B of Form ADV.
Civil Judicial
Check Part 1A item(s) being responded to:
11.H(1)(a)
11.H(1)(b)
11.H(1)(c)
11.H(2)
Check Part 1B item(s) being responded to:
2.F(1)
2.F(2)
2.F(3)
2.F(4)
2.F(5)
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page.
One event may result in more than one affirmative answer to Item 11.H. of Part 1A or Item 2.F. of Part 1B. Use only one DRP to report details related to the
same event. Unrelated civil judicial actions must be reported on separate DRPs.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed

This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.H.
(1)(a), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Court Action initiated by: (Name of regulator, foreign financial regulatory authority, SRO, commodities exchange, agency, firm, private plaintiff, etc.) 
MICHAEL P. HAHN
2.
Principal Relief Sought:
Money Damages (Private/Civil Complaint)
Other Relief Sought: 
3.
Filing Date of Court Action (MM/DD/YYYY):
08/11/2020
 Exact
 Explanation
If not exact, provide explanation:
4.
Principal Product Type:
Other
Other Product Types: 
BROKERAGE ACCOUNT
5.
Formal Action was brought in (include name of Federal, State or Foreign Court, Location of Court - City or County and State or Country, Docket/Case
Number): 
PROBATE COURT OF DENTON COUNTY, TX
6.
Advisory Affiliate Employing Firm when activity occurred which led to the civil judicial action (if applicable): 
7.
Describe the allegations related to this civil action (your response must fit within the space provided): 
DUE TO COMPETING BENEFICIARIES' CLAIMS, USAA INVESTMENT SERVICES COMPANY (ISCO) INTERPLED FUNDS FROM AN ACCOUNT OF DECEASED
CUSTOMER WILLIAM HAHN TO THE PROBATE COURT OF DENTON COUNTY, TEXAS. DECEDENT'S SON MICHAEL P. HAHN THEN COUNTER-CLAIMED THAT
THE ISCO EITHER DID NOT MAKE A REQUESTED BENEFICIARY CHANGE TO THE OPERATIVE ACCOUNT, OR FAILED TO ADVISE DECEDENT THAT A CHANGE
WAS NEEDED BECAUSE THE LISTED TOD BENEFICIARY HAD DIED.
8.
Current Status? 
 Pending
 On Appeal
 Final
9.
If on appeal, action appealed to (provide name of court) and Date Appeal Filed (MM/DD/YYYY): 
10. If pending, date notice/process was served (MM/DD/YYYY):
 Exact
 Explanation
If not exact, provide explanation:
THE MATTER IS NOT PENDING
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 14 only.
11. How was matter resolved:
Settled
12. Resolution Date (MM/DD/YYYY): 
06/28/2022
 Exact
 Explanation
If not exact, provide explanation:

13. Resolution Detail:
A.  Were any of the following Sanctions Ordered or Relief Granted(check appropriate items)?
Monetary/Fine Amount: $ 37,500.00
Revocation/Expulsion/Denial
Disgorgement/Restitution
Censure
Cease and Desist/Injunction
Bar
Suspension
B.
Other Sanctions:
C.
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement, or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived:
THE MATTER WAS SETTLED FOR $37,500.00. THE PAYMENT WAS MADE ON JULY 18, 2022.
14. Provide a brief summary of circumstances related to the action(s), allegation(s), disposition(s) and/or finding(s) disclosed above (your response must
fit within the space provided). 
THIS ACTION BEGAN WITH ISCO'S FILING OF AN INTERPLEADER ACTION IN DENTON COUNTY, TEXAS PROBATE COURT RELATING TO DISPUTES AMONG
SIX HALF AND FULL SIBLINGS OVER ENTITLEMENT TO FUNDS IN A BROKERAGE ACCOUNT. SIBLINGS MICHAEL HAHN AND LINDA BELL EACH FILED
COUNTERCLAIMS, ASSERTING THAT ISCO NEGLIGENTLY FAILED TO FOLLOW THEIR FATHER, WILLIAM HAHN'S, INSTRUCTIONS TO CHANGE THE
BENEFICIARY DESIGNATIONS ON THE ACCOUNT TO SOLELY MICHAEL AND LINDA, AND AS A RESULT THE ACCOUNT WAS TO BE DIVIDED SIX WAYS
RATHER THAN TWO, WITH MICHAEL AND LINDA'S FOUR HALF SIBLINGS ALSO TAKING. ALTHOUGH ISCO DENIES ANY SUCH FAILURE TO FOLLOW
INSTRUCTIONS, ISCO DECIDED TO SETTLE THE SUIT AND PAY PLAINTIFF HAHN $37,500, WITHOUT ANY ADMISSION OF FAULT, IN ACKNOWLEDGEMENT
OF THE INHERENT RISKS OF LITIGATION.

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Item 11.H. of Part
1A or Item 2.F. of Part 1B of Form ADV.
Civil Judicial
Check Part 1A item(s) being responded to:
11.H(1)(a)
11.H(1)(b)
11.H(1)(c)
11.H(2)
Check Part 1B item(s) being responded to:
2.F(1)
2.F(2)
2.F(3)
2.F(4)
2.F(5)
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page.
One event may result in more than one affirmative answer to Item 11.H. of Part 1A or Item 2.F. of Part 1B. Use only one DRP to report details related to the
same event. Unrelated civil judicial actions must be reported on separate DRPs.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.H.
(1)(a), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.

This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Court Action initiated by: (Name of regulator, foreign financial regulatory authority, SRO, commodities exchange, agency, firm, private plaintiff, etc.) 
LINDA L. BELL
2.
Principal Relief Sought:
Money Damages (Private/Civil Complaint)
Other Relief Sought: 
3.
Filing Date of Court Action (MM/DD/YYYY):
07/29/2020
 Exact
 Explanation
If not exact, provide explanation:
4.
Principal Product Type:
Other
Other Product Types: 
BROKERAGE ACCOUNT
5.
Formal Action was brought in (include name of Federal, State or Foreign Court, Location of Court - City or County and State or Country, Docket/Case
Number): 
PROBATE COURT OF DENTON COUNTY, TEXAS (NO. PR-2018-00893)
6.
Advisory Affiliate Employing Firm when activity occurred which led to the civil judicial action (if applicable): 
7.
Describe the allegations related to this civil action (your response must fit within the space provided): 
DUE TO COMPETING BENEFICIARIES' CLAIMS, THE FIRM INTERPLED FUNDS FROM AN ACCOUNT OF DECEASED CUSTOMER WILLIAM HAHN TO THE
PROBATE COURT OF DENTON COUNTY, TEXAS. DECEDENT'S DAUGHTER LINDA BELL THEN COUNTER-CLAIMED THAT THE FIRM EITHER DID NOT MAKE A
REQUESTED BENEFICIARY CHANGE TO THE OPERATIVE ACCOUNT, OR FAILED TO ADVISE DECEDENT THAT A CHANGE WAS NEEDED BECAUSE THE
LISTED TOD BENEFICIARY HAD DIED.
8.
Current Status? 
 Pending
 On Appeal
 Final
9.
If on appeal, action appealed to (provide name of court) and Date Appeal Filed (MM/DD/YYYY): 
10. If pending, date notice/process was served (MM/DD/YYYY):
 Exact
 Explanation
If not exact, provide explanation:
THE MATTER IS NOT PENDING
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 14 only.
11. How was matter resolved:
Settled
12. Resolution Date (MM/DD/YYYY): 
06/28/2022
 Exact
 Explanation
If not exact, provide explanation:
13. Resolution Detail:
A.  Were any of the following Sanctions Ordered or Relief Granted(check appropriate items)?
Monetary/Fine Amount: $ 37,500.00
Revocation/Expulsion/Denial
Disgorgement/Restitution
Censure
Cease and Desist/Injunction
Bar
Suspension
B.
Other Sanctions:

C.
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement, or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived:
THE MATTER WAS SETTLED FOR $37,500.00. THE PAYMENT WAS MADE ON JULY 18, 2022.
14. Provide a brief summary of circumstances related to the action(s), allegation(s), disposition(s) and/or finding(s) disclosed above (your response must
fit within the space provided). 
THIS ACTION BEGAN WITH ISCO'S FILING OF AN INTERPLEADER ACTION IN DENTON COUNTY, TEXAS PROBATE COURT RELATING TO DISPUTES AMONG
SIX HALF AND FULL SIBLINGS OVER ENTITLEMENT TO FUNDS IN A BROKERAGE ACCOUNT. SIBLINGS MICHAEL HAHN AND LINDA BELL EACH FILED
COUNTERCLAIMS, ASSERTING THAT ISCO NEGLIGENTLY FAILED TO FOLLOW THEIR FATHER, WILLIAM HAHN'S, INSTRUCTIONS TO CHANGE THE
BENEFICIARY DESIGNATIONS ON THE ACCOUNT TO SOLELY MICHAEL AND LINDA, AND AS A RESULT THE ACCOUNT WAS TO BE DIVIDED SIX WAYS
RATHER THAN TWO, WITH MICHAEL AND LINDA'S FOUR HALF SIBLINGS ALSO TAKING. ALTHOUGH ISCO DENIES ANY SUCH FAILURE TO FOLLOW
INSTRUCTIONS, ISCO DECIDED TO SETTLE THE SUIT AND PAY PLAINTIFF BELL $37,500, WITHOUT ANY ADMISSION OF FAULT, IN ACKNOWLEDGEMENT
OF THE INHERENT RISKS OF LITIGATION.

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Item 11.H. of Part
1A or Item 2.F. of Part 1B of Form ADV.
Civil Judicial
Check Part 1A item(s) being responded to:
11.H(1)(a)
11.H(1)(b)
11.H(1)(c)
11.H(2)
Check Part 1B item(s) being responded to:
2.F(1)
2.F(2)
2.F(3)
2.F(4)
2.F(5)
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page.
One event may result in more than one affirmative answer to Item 11.H. of Part 1A or Item 2.F. of Part 1B. Use only one DRP to report details related to the
same event. Unrelated civil judicial actions must be reported on separate DRPs.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.H.
(1)(a), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.

PART II
1.  Court Action initiated by: (Name of regulator, foreign financial regulatory authority, SRO, commodities exchange, agency, firm, private plaintiff, etc.) 
PRIVATE PLAINTIFF KAREN PETIT
2.
Principal Relief Sought:
Money Damages (Private/Civil Complaint)
Other Relief Sought: 
3.
Filing Date of Court Action (MM/DD/YYYY):
11/14/2017
 Exact
 Explanation
If not exact, provide explanation:
4.
Principal Product Type:
Other
Other Product Types: 
IRA
5.
Formal Action was brought in (include name of Federal, State or Foreign Court, Location of Court - City or County and State or Country, Docket/Case
Number): 
COURT OF COMMON PLEAS, EIGHTH JUDICIAL CIRCUIT, GREENWOOD COUNTY, SOUTH CAROLINA; 2017-CP-24-01343
6.
Advisory Affiliate Employing Firm when activity occurred which led to the civil judicial action (if applicable): 
7.
Describe the allegations related to this civil action (your response must fit within the space provided): 
PLAINTIFF ASSERTS THAT USAA INVESTMENT MANAGEMENT COMPANY GAVE IMPROPER EFFECT TO AN INVALID POWER OF ATTORNEY AND IS THUS
LIABLE FOR BREACH OF FIDUCIARY DUTY AND NEGLIGENCE.
8.
Current Status? 
 Pending
 On Appeal
 Final
9.
If on appeal, action appealed to (provide name of court) and Date Appeal Filed (MM/DD/YYYY): 
ON APPEAL FOLLOWING THE COURT'S GRANT OF SUMMARY JUDGMENT IN FAVOR OF USAA INVESTMENT MANAGEMENT COMPANY AND DENIAL OF
PLAINTIFF'S MOTION FOR RECONSIDERATION. THE SOUTH CAROLINA COURT OF APPEALS AFFIRMED THE TRIAL COURT'S GRANT OF SUMMARY
JUDGMENT, AND PLAINTIFF FILED A WRIT OF CERTIORARI TO THE SOUTH CAROLINA SUPREME COURT. THE SOUTH CAROLINA SUPREME COURT DENIED
CERTIORARI ON 3/12/2025.
10. If pending, date notice/process was served (MM/DD/YYYY):
 Exact
 Explanation
If not exact, provide explanation:
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 14 only.
11. How was matter resolved:
Other
12. Resolution Date (MM/DD/YYYY): 
03/12/2025
 Exact
 Explanation
If not exact, provide explanation:
13. Resolution Detail:
A.  Were any of the following Sanctions Ordered or Relief Granted(check appropriate items)?
Monetary/Fine Amount: $
Revocation/Expulsion/Denial
Disgorgement/Restitution
Censure
Cease and Desist/Injunction
Bar
Suspension
B.
Other Sanctions:
THE TRIAL COURT GRANTED SUMMARY JUDGMENT TO THE USAA DEFENDANTS ON 1/15/20; PLAINTIFF'S MOTION FOR RECONSIDERATION WAS
DENIED 5/20/20; AND APPEAL WAS NOTICED 6/17/20. ON AUGUST 14, 2024, THE COURT OF APPEALS AFFIRMED THE GRANT OF SUMMARY
JUDGMENT IN FAVOR OF THE USAA ENTITIES. ON AUGUST 29, 2024, MS. PETIT FILED A PETITION FOR REHEARING WHICH WAS DENIED BY THE
COURT OF APPEALS ON SEPTEMBER 16, 2024. MS. PETIT FILED A PETITION FOR WRIT OF CERTIORARI WITH THE SOUTH CAROLINA SUPREME
COURT ON NOVEMBER 5, 2024. THE SOUTH CAROLINA SUPREME COURT DENIED CERTIORARI ON 3/12/2025.
C.
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement, or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion

of penalty was waived:
SUMMARY JUDGMENT WAS GRANTED 1/15/20; PLAINTIFF'S MOTION FOR RECONSIDERATION WAS DENIED 5/20/20; AND COURT OF APPEALS
AFFIRMED GRANT OF SUMMARY JUDGMENT ON 8/14/2024. SOUTH CAROLINA DENIED PLAINTIFF'S PETITION FOR CERTIORARI ON 3/12/2025.
14. Provide a brief summary of circumstances related to the action(s), allegation(s), disposition(s) and/or finding(s) disclosed above (your response must
fit within the space provided). 
PLAINTIFF ASSERTS THAT USAA INVESTMENT MANAGEMENT COMPANY GAVE IMPROPER EFFECT TO AN INVALID POWER OF ATTORNEY AND IS THUS
LIABLE FOR BREACH OF FIDUCIARY DUTY AND NEGLIGENCE. PETITION FOR CERTIORARI FILED BY PLAINTIFF WITH THE SOUTH CAROLINA SUPREME
COURT SUBSEQUENTLY DENIED ON 3/12/2025 FOLLOWING THE TRIAL COURT'S GRANT OF SUMMARY JUDGMENT IN FAVOR OF USAA INVESTMENT
MANAGEMENT COMPANY AND DENIAL OF PLAINTIFF'S MOTION FOR RECONSIDERATION AND COURT OF APPEALS SUBSEQUENT AFFIRMATION OF THE
TRIAL COURT'S ORDER AND DENIAL OF PETITION FOR REHEARING.