N.A.S.D. AWARD NATIONAL ASSOCIATICN OF SECURITIES DEALERS In the Matter of the Arbitration Between: ) Bertram I. and R. Joy Sparr ) ) ) CASE #89-01772 ) Name of Respondent^ ) ) ) Peter Sperling ) Heard before the members of the Arbitration Panel: Allan J. Fedor, Esq. Arthur DeStef ano Fred T. Rodgers This claim was filed with the National Association of Securities, Inc. (NASD) on June 15, 1989. The hearing was conducted i

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Louis Levins and Sadie Levine 89-01770 Name of Respondents) Shearson Lehman Hutton, Inc. Edgar Stauber Claimants alleged that Respondents churned the Claimants' account, negligently handled the Claimants' account, committed acts of fraud, and committed acts of unauthorized trading. Claimants further alleged that they were unsophisticated invest

NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. IN THE MATTER OF THE ARBITRATION BETWEEN Dwight 0. Dunton, Jr. Case #89-01766 Claimant AWARD vs. Securities Settlement Corp. Respondent CASE SUMMARY Claimant Dwight D. Dunton alleged the Respondent Securities Settlement Corp. failed to promptly execute his sellout orders and instructions, and failed to obtain the best prices in the market upon sellout which has caused him to sustain lo

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Ben Martorana vs. Claimant AWARD #89-01764 Todd H. Made)! Respondent Case Summary Claimant, Ben Martorana alleged that Respondent Todd H. Nadell, without his permission, sold from his account 800 shares of ISTEC and 800 shares of Med Mobile stock and on the same day purchased 540,000 shares of Noentix Medical Technologies. Respondent, Todd H. Nadell m

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Barry Pezzner Claimant(s) vs. 89-01763 Shearson Lehman Hutton, Inc. and William Lenihan Respondent(s) NOTICE OP ARBITRATION AWARD CASE SUMMARY Claimant(s) Barry Pezzner alleged that Respondent(s) Shearson Lehman Button, Inc. and William Lenihan misrepresented or failed to inform as to material facts concerning Claimant's investment with Re

NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. IN THE MATTER OF THE ARBITRATION BETWEEN Qppenheimer & Co., Inc. Case #89-01762 Claimant AWARD vs. Franz Wollsperger Respondent CASE SUMMARY Claimant Oppenheimer & Co.. Inc. alleged the Respondent Franz Wollsperger tendered payment by check for securities purchased in his account, and that this check was returned twice for insufficient funds. Claimant further alleged that as a result o

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Barry and David Lipman, Co-Trustees for William Lipman Family Trust Nos. 1 and 2 Claimant(s) vs. Drexel Burnhara Lambert, Inc. Respondent(s) NOTICE OF ARBITRATION AWARD 89-01760 CASE SUMMARY Claimant(s) Barry and David Lipman, Co-Trustees for William Lipman Family Trust Nos. 1 and 2 alleged that Respondent(s) Drexel Burnham Lambert, Inc. negli

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Thomas J. Lelli Claimant(s) vs, 89-01754 Michael Whelchel and PaineWebber, Inc. Respondent(s) NOTICE OP ARBITRATION AWARD CASE SUMMARY Claimant(s) Thomas J. Lelli alleged that Respondent(s) Michael Whelchel and PaineWebber, Inc. executed an unauthorized transaction in Claimant's account and failed to advise Claimant of the resulting loss.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In a Matter of Arbitration Between ) ) DOUGLAS MADEL ) Claimant ) NASO No. 89-01753 v. . ) TANGA ALEXANDER AND ALLIED CAPITAL ) GROUP, INC. ) Respondents) CASE SUMMARY In a claim filed with the NASD on June 15, 1989, Claimant Douglas Made! ("Claimant") alleged that Respondent Tanga Alexander ("Alexander") failed to comply with his stated investment objectives of purchasing new issu

N.A.S.D. AHARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between "iiTpmt's_ Irene Bobbins & Bert Shepherd, Trustees of the Davis Bobbins Family Trust and the Davis Rabbins Marital Trust 89-01751 nf Rescnrigvt s Poland Day John Albert DeCastro Day Claimants alleged that Respondents executed trades in the Claimants' accounts without prior orders from, or the permission of, or even prior notice to,