Benson's settlement was the largest monetary sanction in New Hampshire's history and the second largest FINRA settlement in at least a decade. The largest settlement also involved Kenahan and was made by Merrill Lynch, when the firm paid out $40 million to Robert Levine, who co-founded Cabletron Systems with Benson in the early 1980s. Prior to the settlement, Levine had filed a FINRA arbitration complaint against Merrill Lynch and Kenahan alleging he had sustained damages of more than $100 million due to, among other things, his accounts being relentlessly churned.