NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Selma Hittelman ) Claimant ) ) AWARD VS . ) ) NASD #90-00246 Merrill Lynch, Pierce, ) Fenner & Smith, Inc. ) Raymond A. Saldonis ) Respondents ) ) SUMMARY OP ISSUES claimant alleged misrepresentation of material facts and unsuitability with respect to the recommendation and purchase of Republic Steel and Southmark corporate b

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between x x Choon Seng Tiong x Claimant x x CASE HO. vs. x 90-00244 x First Flushing Securities, Inc., x AWARD Q & R Clearing Corporation, Patty Tsang x and John Liu x Respondents x x CASE SUMMARY Claimant, Choon Seng Tiong ("Tiong"), alleged that Respondents Patty Tsang ("Tsang") and John Liu ("Liu") churned« and engaged in high risk, unsui

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name Qf_CjjjjJB5n£. Lucio Ganmola Case # 90-00243 Award vs. Nameipf Respondents First Investors Corporation Albert F. Gallo CASE SUMMARY Claimant, Lucio Genmola, alleges that he directed Respondents, First Investors Corp. and Albert Gallo, to liquidate his portfolio and that they failed to do so in a timely manner. As a result,

Arbitration N.A.S.D. JWftHD ASSOdKTICN OF SECURITIES DEALERS NttionalAnocMionol Securities Dealer*, bio. NASD Financial Centtr 33 Whitehall Street New York, New York 10004 In the Matter of the Arbitration Between Dean Witter Reynolds, Inc. vs. Duane M. Peru! Case f 90-00238 Claimant, Dean Hitter Reynolds, Inc., *noy«t that Respondent, Duane M. Paul, Jr. maintained an Active Assets Account with Claimant and that in connection

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS Yn the Matter of the Arbitration Between ) of Joseph and Kathryn Dunn ) ) Case NO. 90-00235 Name of Resipnden^fsT ) Allan Moreno } First Alliance Securities, Inc. ) Claimants, Joseph and Kathryn Dunn ("the Dunns"): were grg s£. Respondent, Allan Moreno ("Moreno"): was cap 33. Respondent, First Alliance Securities, Inc. ("First Alliance"): failed to file an appearance. Statemen

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Janet Brady Claimant AWARD #90-00230 Prudent 1 al-Bache Securities Inc. Gregg P™nvi^ Respondents Claimant alleged that the Respondents executed an authorized unsuitable options trade in her account, and she was placed in unsuitable options when* she believed that she had purchased cannon stock. Respondents maintained that the Claimant a

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of tne Arbitration Name cf Claimant Richard W. Rees No. 90-00228 Name of Respondent Linda Ross RBPRBSBBri'ATJLUN OF PARTIES For Claimants: Jeff Rees appeared on behalf of Richard Rees. For Respondents: Linda Ross appeared pro se. CASH INFORMATION Statement of Claim filed: January 19, 1990. Claimant's Submission Agreement signed on: January 16, 1990. Statement

N.A.S.O. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Prank W. Pedarico, Victoria J. Boot and Vita M. Wilkins, Trustees of the Wilraa Trust 90-00227 James Greenbaum Haazd before: Mams Public/Industry Julien P. Begien, Esq. Public Arbitrator Claimant was represented by Daniel P. Gibson, Esq. of Gibson and Behman in Burlington, Massachusetts. Respondent James Greenbaum was pro se. This claim

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Sidney S. and Milica S. Chernick Claimant(s) vs. Stuart James Co. Inc. Respondent(s) NOTICE OF ARBITRATION AWARD 90-00223 CASE SUMMARY Claimant(s) Sidney S. and Milica S. Chernick alleged that Respondent(s) Stuart James Co. Inc. denied Claimants the ability to cancel a sale which was executed by Respondent in order to correct an error made by

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. In the matter of the Arbitration Between Name of Claimants Richard W. Marr Judy Marr Phvllis G. Marr Family Trust NASD Arbitration No. 90-00315 Name of Respondents Smith Barney Harris Upham & Co. Inc. Robert Reynolds Edward D. Jones & Co. Clinton H. Bellows REPRESENTATION For Claimants: Jerome E. LaBarre, Esq. - LaBarre & Associates, P.C. - Portland Oregon Fo