NATIONAL ASSOCIATION OF SECURITIES DEALERS. INC. IN THE MATTER OF THE ARBITRATION BETWEEN Hemeed Akhtar vs. Claimant Case #88-02992 AWARD Buttonwood Securities Corp. George Hotz Merrill Lynch, Pierce, Fenner & Smith, Inc. Broadcort Capital Corp. Respondents CASE SUWARY Claimant Heroeed Akhtar ("Akhtar") claims against Respondents Buttonwood Securities Corporation ("Buttonwood") and George Hotz ("Hotz"), arise out of a certain

- -. NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. hi the Matter of the Arbitration Between ) Zofia Sierpinski ) Claimant ) ) Case #88-02988 vs. ) Award ) Laiienbery, Thalmann & Co., Inc. ) Respondent ) ) CASE SUMMARY Claimant alleges that, upon Respondent's recommendation, she invested an inordinately large percentage of her portfolio in the shares of Capitol Bank- corporation and that this was not a "conservative investment nor

Award NASD Regulation, Inc. In the Matter of the Arbitration Between: Philip OeLuca and C. Dean Bityk v. Daniel Peter Thomas, Jr., North American Financial Group, Inc., and North American Financial Services, Inc. Case Number: 99-2409 Hearing Sits: Detroit, Michigan REPRESENTATION OF PARTIES Claimants, C. Dean Bityk ("Bityk") and Philip DeLuca ("DeLuca") hereinafter collectively referred to as "Claimants": Anthony V, Trogan, Esq., Weisman, Trogan, Young

NATIONAL ASSOCIATION OF SECURITIES DEALERS in the Matter of the Arbitration Between Dr. Gerald N. Smemoff and Myma Smernoff Claimant(a) vs. Thomson McKinnon Securities, Inc. and Douglas Sobel Respondent(s) AWARD 88-02975 The Arbitrator, Thomas J. Hawekotte, Esq./ selected to review and determine a matter in controversy between the above-mentioned Claimant and Respondents, set forth in a submission to arbitration signed by the par

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In The Matter of The Arbitration B e t w e e n ) ) Award Richard & Dorthy Tucker Claimants ) ) NASD No. 88-02970 vs. ) Piper, Jaffray & Hopwood, Inc. Respondents Scott Franklin SUMMARY OF ISSUES This case was filed on September 20, 1988. Claimants alleged misrepresentation in the purchase of shares of a mutual fund, Keystone Tax Free Fund. Respondents de

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In The Matter of The Arbitration B e t w e e n ) ) ) Award OTRA Clearing, Inc. Claimant ) (Summary Decision) ) NASD No. 88-02967 vs. ) ) Bliss Securities, Inc. Respondent ) ) Bliss Securities, Inc. Third Party Claimant ) vs. ) Paragon Capital Third Party Respondents ) Greentree Securities ) Robert B. Ginberg . ) SUWARY OF ISSUES This

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of the Arbitration Between ) ) Edward Muniz Claimant ) ) vs. ) AWARD ) First Affiliated Securities, Respondents ) CASE NO. 88-02960 Inc., William Morgan and Akiva ) Bar ) SUMMARY OF ISSUES Claimant alleged Respondents: 1. breached their fiduciary duty to him by buying unsuitable common stocks for his portfolio and engaging in unsuitable options trading; 2. churned his

0 2 RECD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Willard R. & Frances D, Sanders AWARD Claimants #88-02956 vs. Merrill Lynch, Pierce, Fenner & Smith, Inc. Patrick Santullo Respondents Case Summary Claimants Willard R. and Frances D. Sanders, alleged that Respondents took their order to sell a mutual fund approximately 20 to 25 minutes before the market closed on October 15, 1987, and did not ad

NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Charles Schwab & Co., Inc. Claimant(s) vs. Janis and Burton Roseman Respondent(s) NOTICE OF ARBITRATION AWARD 88-02948 CASE SUMMARY Claimant(s) Charles Schwab & Co., Inc. alleged that Respondent(s) Janis and Burton Roseman have not paid the debit balance in Respondents' account held with Claimant. Respondent(s) did not submit an answer to the clai

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Arbitration Matter Between JAMES C. AND LAURA J. RUTAN j Claimants ; v - ) ASPEN CAPITAL GROUP, INC. ) AND CHARLES BENSON ) Respondents ) CASE SUMMARY Case No. 88-02941 Claimant's invested 5,000 in June of 1987 and an additional $7,000 in July of 1987 with Respondents. Claimant's allegedly advised Respondent that those funds invested in July of 1987, would be needed to meet