N.A.S.D. REGULATION AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS REGULATION, INC. In the Matter of the Arbitration Between Name of Claimant Richard Stone 93-02255 Name of Respondents Gruntal & Co., Inc. Jeff States Barry C. Baum REPRESENTATION For claimant Richard Stone ("claimant") appeared his representative Eugene Feit of the law firm of Herzfeld & Rubin, P.C. located in New York, New York. For respondents Gruntal & Co., Inc.

NASD AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Name of Claimants John G. Salmon John Salmon P.C. Employee Profit Sharing Plan and 93-02224 Name of Respondents Dean Witter Reynolds, Inc. Todd Henderson REPRESENTATION OF PARTIES John G. Salmon and John Salmon P.C. Employee Profit Sharing Plan ("Claimants") were represented by John G. Salmon, Esq., Salmon, Godson & Nicholson, Englewood,

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Eleanor Marcus-Krasner, Claimants Stanley Krasner, Ray Krasner and Catherine Marcus vs. Orexel Burnham Lambert, Inc., Bear Stearns & Co., Inc. and Norman A. Levine ) ) AWARD ) Respondents ) CASE NO. 87-01506 SUWARY OF ISSUES This case was filed on August 6, 1987. Claimants alleged churning, unsuitability, unauthorized trading, and lack o

0 NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Sherman and Marjorie Herrington Claimants vs. AWARD #87-01460 Merrill Lynch, Pierce, Fenner & Smith, Inc. William J. Grace, Jr. Respondents Case Summary Claimants Sherman and Marjorie Herrington alleged that Respondents excessively traded violative and speculative securities in their account, recommended and placed Claimants in a limited partner

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Michael Patrick Waters Claimant(B) vs. 87-01443 First Affiliated Securities, inc. Respondent(s) NOTICE OF ARBITRATION AWARD CASE SUMMARY Claim for return of invested funds. Respondent defends on the basis that funds were returned when stock sold (stock changed names prior to sale ) . RELIEF REQUESTED Claimant (s) Michael Patrick Waters req

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Steven Carico, Claimant Vs. Case Number: 01-02611 Stifel, Nicolaus & Co., Inc., and William G. Nelson, Respondents. Hearing Site: Cincinnati, Ohio REPRESENTATION OF PARTIES Claimant Steven Carico ("Claimant") was represented by Andrew Stoltmann, Esquire, of Maddox, Koeller, Hargett & Caruso, Chicago, Illinois. Respondents Stifel, Nicolaus & Co., Inc. ("Resp

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) Jouko J. Rissanen Claimant ) Case #87-01404 vs - ) Award Bear Stearns & Co. ) and Respondents ) Samuel R. Shapiro ] On March 15, 1989, the undersigned arbitrators heard the controversy between the parties as set forth in submissions to arbitration signed by Claimant Jouko J. Rissanen and by Respondents Beams & Co., Inc. and Samuel R. Shapiro.

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Claimant(s) Razia Sanriullah and T.S. Sharieff vs. Majestic Securities, Inc., Hedbush Noble Cooke Inc., and Tony Ashraf Respondent(s) AWARD CASE NO. 87-01323 SUMMARY OF ISSUES This case was filed on August 31, 1987. Claimants alleged the following: They opened an account with Respondent Majestic Securities, Inc. (Majestic) on May 4, 1987

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between James J. Hayes Claimant Award vs. #87-01301 Voss & Co., Inc. Respondent The undersigned, being the Arbitrator selected to review and determine a matter in controversy between the above-mentioned Claimant and Respondent, set forth in submissions to arbitration signed by the parties on July 13, 1987 and September 23, 1987,respectively; And, having revie

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Alice Kohler Claimant vs. ) CASE NO. 87-01296 Guidcor Financial, Inc. Respondents Stephen Smith Heard before: Alexandra Kwoka William Newsome Lee Swiff SUWARY OF ISSUES This case was filed on August 20, 1987. Claimant alleged Respondents invested her funds in a series of speculative index options and common stock transactions which were unsuitab