NATIONAL ASSOCIATION OP SECURITIES DEALERS In the Matter of the Arbitration Between Merrill Lynch, Pierce, Fenner & Smith, Inc. Claimant(s) vs. 88-03037 Douglas I. Cerny Respondent(s) NOTICE OP ARBITRATION AWARD CASE SUMMARY Claimant Merrill Lynch, Pierce, Fenner & Smith, Inc. alleged that Respondent Douglas I. Cerny has an amount of $2,196.67 due and owing in his securities account. Respondent did not defend. RELIEF REQUESTE

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Michael Srednick and } Lee Srednick Claimant(s) ) ) AWARD ) vs. ) CASE NO. 88-02930 ) Dean Witter Reynolds, Inc., ) Barry M. Speyer Respondent(s) ) SUWARY OF ISSUES This case was filed September 9, 1988. Claimants allege that Respondents pursued high risk and speculative naked option writing strategies which were not suitable for Claimants' in

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. Isabel Clark vs. Bear Stearns & Co. Morgan, Olmstead, Gary W. Hankins Claimants , Inc. Respondents Kennedy & Gardner, Inc. ) ) AWARD } ) CASE ) ) ) ) ) ) SUMMARY OF ISSUES This case was filed on August 8, 1988. Claimant alleges that while Respondent Gary W. Hankins was an employee of Bear, Stearns and Co., Inc. and later of Morgan, Olmstead, Kennedy

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter cf the Arbitration Between Eli & Bruce R. Baron Claimant(s) vs. Blinder, Robinson & Co., Inc. Respondent(s) NOTICE OF ARBITRATION AWARD 88-02915 CASE SUMMARY Claimants Eli & Bruce R. Baron alleged that Respondent Blinder, Robinson & Co., Inc. committed an unauthorized trade in Claimants' account held with the Respondent. Respondent denies Claimants' allegations. RELIEF

NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the Matter of the Arbitration Between Wall Street Clearing Co. Claimant vs. Firouz Ipaktchi Elizabeth Ipaktchi vs. Beuret & Company Respondents Third-Party Respondent Case #88-02911 AWARD CASE SUMMARY Claimant, Wall Street Clearing Co., alleges that Respondents, Firouz and Elizabeth Ipaktchi, former customers of Beuret & Company incurred a debit balance in the amount

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Herzog, Heine, Geduld, Inc., (Claimant) vs. Leslie C. Jones, Jr., (Respondent) Case Number: 99-02398 Hearing Site: New York, NY REPRESENTATION OF PARTIES Claimant Herzog, Heine, Geduld, Inc., hereinafter referred to as "Claimant": Lewis H. Rosenbaum, Esq., New York, NY. Respondent Leslie C. Jones, Jr., hereinafter referred to as "Respondent" did not enter an appearance in this mat

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Wilfred E. Calmas, Claimant vs. North American Investment Corp., James Greenbaum and Louis Robo, Respondents Case #88-02900 Award CASE SUMMARY Claimant alleges that the Respondents violated the Securities Exchange Commission Regulations, Massachusetts Blue Sky Laws and Massachusetts General Law Chapter 93A by providing him with inside and fa

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between) DONALD V. AMD DORIS T. NUEBEL ) Claimants ) and ) ) CASE NO. 88-02887 V.I.P. FINANCIAL CO. AND ) TIMOTHY S. VASKO ) Respondents ) CASE SUMMARY Claimants Donald V. and Doris T. Nuebel (hereinafter the "Claimants") alleged that Respondents V.I.P. Financial Co. (hereinafter "VIP") and Timothy S. Vasko (hereinafter referred as "Vasko") were neglige

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) DEAN WITTER REYNOLDS, INC. ) Claimant ) and ) CASE NO. 88-02884 GORDON FORBES ) Respondent ) ) CASE SUMMARY Dean Witter Reynolds, Inc. ("Claimant") alleged that Gordon Forbes ("Respondent") owes Claimant for an unpaid debit balance in the Claimant account pursuant to the contracts between the parties. Claimant denied the claim and further

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Wallace J. Wolf, Jr., ) ) Claimant ) vs. ) Case #88-02877 ) Award £.F. Mutton & Co., Inc., Respondent On April 24, 1989, the undersigned arbitrators heard the controversy between the parties as set forth in submissions to arbitration signed by the Claimant on September 9, 1988, and by the Respondent on November 28, 1988. The arbitration panel,