NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Among Robert Wolf and Jo Ann Wolf Claimants Case #89-00544 vs. Award Dean Witter Reynolds, Inc. and Len Pumer Respondents CASE SUMMARY Claimants, Robert Wolf and Jo Ann Wolf ("Wolfs"), alleged Respondents, Dean Witter Reynolds, Inc. ("DWR") and Len Pumer ("Pumer"), executed unauthorized transactions of 40 calls Amex Double MN Index. Claimant further all

Arbitration National Association of Securities Dealers, inc. 425 California St.. Rm. 1400 San Francisco. CA 94104 (415) 781-3343 FAX: (415) 362-9946 N.A.S.D. AV NATIONAL ASSOCIATION OF SECURITIES DEALERS ~In the Matter of the Arbitration Between Name of_Claimant(s) Joseph M. Aimand 89-00529 Name of Respondentt s.) Donaldson Lufkin & Jenrette Securities Black & Company, Inc. Lawrence Stuart Black Dennis B. Reiter N

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Betvreen Name of Verna Bauer 89-00525 Name of Respondent(s) First Securities Corporation., William 0. Johnson, C.A. Smith and Ronald Hansen CASE In an Amended Statement of Claim filed with the NASD on August 4th, . 1990, Claimant Verna Ramr ("Bauer") alleged that Respondent William D. . Johnson ("Johnson") made false statements for the purpose

NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. IN THE MATTER OF THE ARBITRATION BETWEEN Herbert C. Stine Clamant vs. Kuhn Brothers & Laidlaw, Inc. Respondent CASE SUMMARY Case #89-00435 AWARD Claimant asserts Respondents engaged in unauthorized trades causing losses to the Claimant. The Statement of Claim also asserts breach of Respondents agreements with Claimant and breach of the required fiduciary duty as well as bad faith deali

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Maurice G. Gennaine, as Tustee of the Gennaine Shoes, Inc. Employee's Retirement Plan and 89-00397 Name of Respondents Shearson Lehman Hutton, Inc., George Earl Allen amd Earlene Marie Allen REPRESENTATION OF PARTIES Claimant was represented by Christopher G. Hamill, Esq. of Kalish, Forrester & Torres, Phoenix, Arizona.

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the^ Matter of the Arbitration Between Olde Discount Corporation 89-00378 XT 51990 John M. Treff CASE In a statement of cleim filed with the NftSD on or a£;-£. February 8, 1989, Claimant Olde Discount Corporation ("Olde") alleged t.hat Respondent John M. Treff ("Treff") incurred a debt to Olde as a vesult of the liquidation of Treff's margin account balance on October :::., 1987. O

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Shailesh Desaiand JayashreeM. Paranjape, Claimants Case Number: 99-03410 vs. Hearing Site: Cleveland, Ohio Fairchild Financial Group, Inc., Bradley D. St. Myer, Jason Michael Cope, Edward J. McCune, and Allen Soles. Ffe^oqndents. REPRESENTATIONOF PARTIES Thomas C. Wagner, Esquire, of Chattrnan, Gaines& Stern, Cleveland, Ohio, represented Claimants S

NATIONAL ASSOCIATION OF SECURITIES DEALERS, IMC. In the Matter of the Arbitration Between Philips Roth as Executor of The Estate of Marvin Roth vs. Claimant J.S.C. Securities, Inc. Respondent CASE *89-00373 AWARD CASE SUMMARY Claimant alleged that Respondent failed to advise him 'hat trading index optinris was more risky and volatile than trading stock opti n n->. He contends he did not understand the premiums during trades h

NAFICNAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between) DELOIS CQCH8< U Claimant(s) and MERRILL LYNCH PIERCE FENNER & SMITH, INC. AND BRIAN D. HINCHCLIFF Respondent(s) Case No. 89-00293 CASE SUMMARY Delois Cochr< m ("Claimant") alleged that Merrill Lynch Pierce Fenner & Smith, Inc. and Brian D. Hinchcliff . (collectively referred to herein as "Respondents") recommended unsuitable securities which were the

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Larry J. Dixon Claimant vs. Connecticut National Bank CNB Discount Brokerage, Inc. Respondents CASE #89-00273 AWARD CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on January 30, 1989, Claimant Larry J. Dixon alleged that the Respondents by selling Claimant's securities contrary to Claimant's stated instru