Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Robert Considine v. Salomon Smith Barney and Michael Mooradian Case Number: 99-3993 Hearing Site: Southfield, Michigan REPRESENTATION OF PARTIES Claimant, Robert Considine, hereinafter referred to as "Claimant": David E. Sims, Esq., Finkei, Whitefieid, Selik, Raymond, Ferrara & Feldman, P.C. Farmington Hills, Michigan. Respondents, Salomon Smith Barney ("SSB) and Michael M

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) R. WAYNE & DIE A. BROWN OTTEN ) Claimants ) and ) ) CASE NO. 88-02194 CHARLES SCHWAB & CO., INC. ) ) Respondent ) CASE SUMMARY In their claim with the NASD on or about July 11, 1988 Claimants R. Wayne Brown & and Die A. Brown ("Claimant") alleged that Respondent Charles Schwab & Co., Inc. had improperly handled their account by refusing

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Bashamber, Ratnia & Daya Claimant(s) ) Chabra ) ) vs. ) CASE NO. 88-2189 ) Merrill, Lynch, Pierce, Respondent(s)/ ) & Smith Cross-Complainants ) vs. Arjun Khianai Cross-Respondent SUMMARY OF ISSUES This case was filed on July 11, 1988. This proceeding arises from various purchases of Putnam High Income Government Trust, some of which wer

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Wagdy w. Asaad Claimant(s) vs. AWARD 88-02188 Larry Geller, Vanderbilt Securities, Prestige Investors, Inc. and Joseph Radcliffe Respondent(s) NOTICE Or ARBITRATION CASE SUMMARY Claimant(s) Wagdy W. Asaad alleged that Respondent(s) Larry Geller, Vanderbilt Securities, Prestige Investors, Inc., and Joseph Radcliffe fraudulently misrepresent

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. CASE NO. 88-02187 In the Matter of -the Arbitration Between ) VELDA SMITH SAUNOERS ) Claimant(s) ) and ) ) ) HOME LIFE INSURANCE CO., INC., ) W. S. GRIFFITH & CO., INC. AND ) PAUL EWING ) Respondent (s) ) CASE SUMMARY In a claim filed on or about July 11, 1988, the Claimant alleged that the Respondents (through Mr. Paul Ewing in his capacity as agent for Home Life Insurance Com

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Dr. Stanley Sheft Claimant vs. Shearson Lehman Brothers, Inc. John Mahonchak Respondents AWARD #88-02184 Case Summary Claimant asserts Respondents failed to provide proper and adequate information concerning his margin account, i.e. marginability of low priced securities in a margin account, the potential risks involved and the status of the accou

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Frances M. Aidman Claimant ) ) Case #88-02179 vs. ) Award ) Shearson Lehman Brothers, Inc. Respondents ) and Todd Pescan ) CASE SUMMARY Claimant Frances M. Aidman brought this claim on July 8, 1988 and alleged that Respondent Todd Pescan failed to advise her of the risk to the principal investment prior to her purchase of $50,000.00 worth of

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Carl Kraft Claimant(s) vs. 88-02177 Juliann Johnson & Invest ISFA Corporation Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claimant Carl Kraft alleged that Respondents Juliann Johnson & Invest did not act in a reasonable prudent manner with respect to handling of the Claimant Investment Account. Respondents maintain that the loss suf

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Paul Gross Claimant(s) ) ) vs. ) CASE NO. 88-02171 ) First Affiliated Securities ) and Robert Barnett Respondent(s) ) ) Heard Rpfore the Members of the Arbitration Panel: Robert G. Bailey SUMMARY OF ISSUES The claim was filed July 8, 1988. Claimant alleged that Respondent Barnett recommended that Claimant buy stock in Fuji Electrocell Co

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between MERRILL LYNCH, PIERCE, FENNER SMITH, INC. and JOSEPH A. MANSOUR Claimant (s) Case No. 88-02169 Respondent(s) CASE SUMMARY In a claim filed with the NASD on or about July 7, 1988, Claimant Merrill Lynch, Pierce, Fenner & Smith, Inc. ("Merrill Lynch") alleged that Respondent Joseph A. Mansour ("Mansour") began trading options in his securities account