NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Frank B. Palazzolo, Jr. and Arlene F. Palazzolo Claimant(s) vs. 89-00404 Shearson Lehman Brothers, Inc. and Joann Linderman Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant Frank B. Palazzolo, Jr. and Arlene F. Palazzolo alleged that Respondents Shearson Lehman Brothers, Inc. and Joann Linderman executed transactions in Claimant

5TIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Claire Saltzman Claimant(s) vs. Robert Ritson Respondent(s) NOTICE OF ARBITRATION AWARD 89-00403 CASE SUMMARY Claimant(8) Claire Saltzman alleged that Respondent(s) Robert Ritson made misrepresentations and withheld information. Respondent (s) maintain that the Claimant was aware of the risks involved in investing in developing companies and that h

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Louis Perez Claimant(s) vs. New England Discount Brokerage Respondent(s) NOTICE OF ARBITRATION AWARD 89-00402 CASE SUMMARY Claimant (s) Louis Perez alleged that Respondents) New England Discount Brokerage has not transmitted to Claimant stock certificate. Respondent(s) denies Claimant's allegations. RELIEF REQUESTED Claimant(s) Louis Perez

NATIONAL ASSOCIATION OP SECURITIES DEALERS In the Matter of the Arbitration Between Thomas D. and Paula B. Martin Claimant(s) vs. 89-00401 Texas Securities, Inc. and Sam J. Switzer Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Thomas O. and Paula B. Martin alleged that Respondent(s) Texas Securities, Inc. and Sam J. Switzer made misrepresentations. Respondents) maintain that the outcome of the stock could

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Gerard and Nancy Daly Claimant(s) vs. 89-00400 Graystone Nash, Inc. Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Gerard and Nancy Daly alleged that Respondent(s) Graystone Nash, Inc. failed to follow Claimants' instructions with respect to certain transactions. Respondent(s) maintain that Claimant is merely a disgruntled

N.A.S.D. AHHBD NW1CNRL ASSOdfiTICN OF SFPRmES In the Matter of the Arlaitxatian Between nf Janes L. Busby 89-00399 Smith Barney Harris Upham & Co., Inc. Dumas Busby Claimant Janes L. Busby alleged that Respondents Smith Barney, Cpham and Co., Inc. and donas Busby admitted acts of fraud, breached fiduciary duties, acmnitted acts of negligence, and improperly supervised their agents. Claimant Janes Busby further aijcgpri that Respondents m

FEB 1 2 RK NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Joseph V. Marone Claimant vs. AWARD #89-00398 Wally Bakalinski Respondent Case Summary Claimant alleged that Respondent executed excessive and unauthorized trades in his account which resulted in losses to the Claimant. The Respondent maintained that full disclosure was made to the Claimant regarding all trading executed in his

N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION. INC. CASE: 99-02577 Charles Schwab & Co., Inc., claimant vs. Guichuan Liang, respondent. ATTORNEYS: For Claimant Charles Schwab & Co., Inc. ("Claimant"), Richard Karoly, Esq., Corporate Attorney, Charles Schwab & Co., Inc., San Francisco, California. Respondent Guichuan Liang ("Respondent") appeared Pro Se., Flushing, New York. DATE FILED: 06/04/1999 CASE SUMMARY: Claim

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between } Harold J. Nicholson and Claimants ) Veomia £. Nicholson ) vs. ) CASE NO. 89-00390 Shearson Lehman Hutton, Inc. Respondents ) and Larry Van Laningham ) SUMWRY OF ISSUES This case was filed with the NASD on February 8, 1989. Claimants alleged that after receiving a notice of a proposed redemption of Panhandle Eastern debentures they placed an order with the

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Kathleen Muscatell Clairaant(s) vs. 89-00385 Blinder Robinson and Co., Inc. and Peter Newmes Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant(s) Kathleen Muscatell alleged that Respondent(s) Blinder Robinson and Co., Inc. and Peter Newmes committed unauthorized trading in Claimant's account held with Respondent. Respondent(s)