NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In The Matter of The Arbitration Between ) ) ) Award Robert James Raphael Claimant ) ) ) NASD No. 89-01153 vs. ) ) W.J. Gallagher & Co. Respondents ) Gary Miller ) SUWARY OF ISSUES This case was filed on April 17, 1989. Claimant alleged lack 7>f suitability, unauthorized trading and excessive trading with respect to options purchases in his account. Respondents denied the c

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 BEFORE AN ARBITRATION PANEL OF THE NATIONAL ASSOCIATION OF SECURITIES DEALERS ANTHONY J. MIGLO and MARGARETHA MIGLO, Claimants, ) Case No. 99-02646 STIPULATION AND AWARD THEREON STONE & YOUNGBERG, LLC., JEFF GREEN and MORRIS GREEN, Respondents. IT IS HER

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Judith A. Smith Claimant(s) vs. 89-01152 Mark M. Ludlow and Legg, Mason, Wood, Walker, Inc. Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Judith A. Smith alleged that Respondent(s) Mark M. Ludlow and Legg, Mason, Wood, Walker, Inc. made recommendations that were inconsistent with her investment goals. Respondent(s) maintai

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) SCOBEE COMBS FUNERAL HOME, INC., ) Claimant, ) ) Case #89-01149 vs. ) Award SHEARSON LEHMAN HUTTON. INC. ) and DONALD FENTON, ) Respondents. ) 7 Heard before the members of the Arbitration Panel: Anthony J. Titone, Esq. Harry Polansky John 0. Williamson CASE SUMMARY This claim was filed with the NASD, Inc. on April 17, 1989. The hearin

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Ray A. Fields Claimant ) vs. ) CASE NO. 89-01147 PaineHebber, Inc. and Respondents ) J. Christopher Shelbourne ) SUWARY OF ISSUES This case was filed with the NASD on April 14, 1989. Claimant alleged that his broker misrepresented that the initial public offering of Bayou Steel Class A common shares was oversubscribed, that Claimant would not have purchased

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Paul Swendsen Claimant ) ) vs. ) AWARD ) Graystone Nash, Inc. and Respondents } CASE NO. 89-01146 U.S. Advisors, Inc. ) SUMMARY OF ISSUES Claimant alleged Respondents misrepresented the risk and profit potential of the common stock of Advisors Capital Technology. Claimant further alleged misrepresentations regarding a secondary offering of this

N.A.S.D. .AMID NATIONAL ASSOCIATION OF bfcUUKlTlJfif DEAI£RS In tha Matter of the Arbitration Between Kenneth B. & Sheryl Sands '^f • I 11 and 89-011437^^^fTf^^-^^^J I Graystone Nash, Inc. ^***"'*^*^^ i> ^ **' C HlCAr* Arthur Espinoza ^^^"*«»^ ^**GO RRH Clainants were pro se. Respondent. Graystone Nash, Inc. was represented by Lester Morse, Esq., Great Neck, New York. Respondent Arthur Espinoza was represented by All*

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Paul A. Clark Claimant CASE #89-01142 vs: Merrill Lynch, Pierce, Fenner & Smith, Inc. Respondent AWARD Case Summary Claimant alleged that Respondent improperly sold stock in his cash management account and failed to reinstate his account to its position prior to the sale upon his request. Respondent maintained that Respondent's broker made recom

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between GARRETT F.X. BEYRZNT, vs. OPPENHEIMER 5, CO., INC., Claimant, Respondent, vs. RHONDA FORD, PROFESSIONAL BROKERAGE SERVICES, and DOUGLAS BREMEN & CO., Third Party Respondents. Heard before the members of the Arbitration Panel: William A. Fleck, Esq. Mr. Harold Kramer Mr. Edward S. Boslow III Case #89-01140 Final Order CASE SUMMARY

M.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Russell Wayne Lee 89-01136 Shearson Lehman Button, Inc. In a claim filed by Russell Wayne Lee ("Claimant") on or about April 16, 1989, Claimant alleged that Shearson Lehman Hutton ("Respondent") falsely stated and omitted to state material facts in connection with transactions conducted in Claimant's account; failed to advise Claimant of the risks