NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Marlene Gershraan Shelly Gershman Joshua Gershman vs. Kurz Liebow & Co., Inc. Vincent Preziotte Claimants Respondents CASE #89-01850 AWARD CASE SUMMARY Claimant alleged that Respondents induce'), her to make unsuitable investments in Morgan Energy Partners. Respondents denied the allegations and argued that Claimant was fully advised and

NATIONAL ASSOCIATION OF SECURITIES DEALER", INC. In the Matter of the Arbitration Between Jack Diamond vs. Claimant Douglas Breraan & Co. David Wagner Respondents CASE *89-01825 AWARD CASE SUMMARY Claimant alleged that Respondents made unsuitable investments and failed to advise him of the speculative nature of stocks purchased in his account. Respondents maintained that Claimant was a sophisticated individual - an accountant who

MAY 2 9 RED HAIIOHAI. A'.'. 1 " lATf'MI Of '>ECIIP?TtE'"> DEALERS AWARD #89-01807 hi (he M.itter of the Arbitration Between Hsue f*. WiMi.im Yanchek Respondent ','c 1 '?" Summary Claimant HSUP Tung alleged that Respondent William Yanchek placed an ued purchase of Vn^l'oUo and Software Distribution Network in i: Ini man f's account. Claimant alleged that Respondent did not have discretionary authority over His

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Gilbert J. Matsumoto Claimant ) ) vs. ) AWARD ) PaineWebber, Inc. Respondent ) CASE NO. 89-01782 ) j** SUMMARY OF ISSUES Claimant alleged Respondent failed to execute good till cancelled orders on shares of Unisys and Genentech when. these stocks reached the specified strike prices. Claimant further alleged losses were sustained when sha

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between j Barry Devorzon, Trustee, et al ) Claimants ) ) AWARD vs. ) • Morgan Olmstead Kennedy & Gardner, Inc. ) NASD NO. 89-01707 Wedbush Securities, Inc. ) Brian Abboud ) Respondents ) SUMMARY OF ISSUES This case was filed with the National Association of Securities Dealers, Inc. ("NASD") on June 12, 1989. Claimant alleged: breach of fiduciary dut

N.A.S.D. AWARD NKTICNRL ASSOCIATICN OF SECURITIES DEALERS In the Matter of the Arbitration Between of Claimant (s) Jill M. Leone 89-0 L749 Mama of RfiSPQiylpTt (S ) Wedbush Securities Joseph DeBeauchamp Clainant, Jill M. Leone, appeared in. Pro Se. Respondent, Joseph DeBeauchanp, appeared in Pro Se. Respondent, Wedbush Securities Inc., was represented by Michael Kulwin, Esq. Claimant's Submission Agreanent signed on: June 6, 1989

NASD DISPUTE RESOLUTION AWARD NASD DISPUTE RESOLUTION. INC. CASU:99-03421 Kenneth and Lanora McKee, Claimants vs. Richard F. Robinson, Jr., Respondent. ATTORNEYS: For Claimant appeared Jeffrey P. Coleman, Esq., Clearwater, FL. Respondent Richard Robinson, Jr. appeared Pro Se, Jacksonville, FL. DATE FILED: July 27, 1999 CASE SUMMARY: Claimants alleged that Respondent recommended they purchase three unsuitable investment promissory notes which default

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Anthony J. & Rose Taranto Claimants vs. Prudential-Bache Securities, Inc. Richard Porco Respondents AWARD *89-01728 Case Summary Claimants Anthony J. & Rose Taranto alleged that on December 22, 1988 Mr. Taranto asked Respondent's financial advisor Richard Porco to sell all positions in their account which would realize a loss for the tax year 1988,

..NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between Philip E. Clayton Claimant vs . Graystone Nash, Inc. Thomas Ackerly Dennis Williams Joseph Gentile Respondents vs . Richard Dioguardi Third Party Respondent AWARD Case f89-01727 CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on June 13, 1989 the Claimant Philip E. Clayton.alleged

Alteration of . Inc. 425 California St.. Rm. 1400 San Francisco. CA 94104 (415) 781-3343 FAX: (415) 362-9946 N.A.S.D. AWARD -w-« NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Patricia Ttawnsend 89-01722 Mane of Regoonrtenr./s\ PaineWebber, Inc. This case was filed with the National Association of Securities Dealers, Inc. ("NASD") on June 9, 1989. Claimant Patricia Tbwnsend (Ttwnse