Arbitrator Names

Bernard G. Pressner; Richard P. Ryder, Esq.; Robert L. Seaman, Esq. - Chair

Award Breakdown

Other is post judgmt int @ 9% P/A from 9/26/91 till date of paymt.

Remarks

Professionals

Cs: Walter D'ull; Rs: not present, previously represented by Edwin Kagan.

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Arbitrator Names

Michael J. Shalley, Esq.; Harris Gould, Esq.; Richard P. Ryder, Esq

Award Breakdown

All clms brought by Cs are denied. The Cs requests for punitive damages, atty fees, int, and their motion for sanctions are denied.

Remarks

Notable. Frontrunning involved.

Professionals

Cs: Boris J. Lewyckyj. Rs: (BS&Co, JG & SU) Hartley T. Bernstein, Brandeis Bernstein & Wasserman. OSC.

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Arbitrator Names

James E. Bacon, Chair; Harvey I. Jurist; Richard P. Ryder

Award Breakdown

Rs SBHU and Grabel are J&S liable to Cs for $53.9 in damages. Clms re: churning, punitive damages & atty fees are expressly denied. The "A Other" field reflects that the Cs' request for int is also denied.

Remarks

Professionals

Cs: Brian J. Cooke, Arnstein & Lehr, W Palm Beach FL. Cs Expert: Mary Calhoun, Calhoun Consulting Gp, Watertown MA. Rs: (SLH & JGG) Harry T. Walters, NYC NY. ISC.

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Arbitrator Names

Richard P. Ryder, Esq.; James R. Madan; Herbert Z. Geiger, Esq.

Award Breakdown

Rs Stuart Coleman is liable to Cs for the sum of $0.5, inclusive of int, as comp for Shuffle Master. Cs clms for costs and actual damages are denied. Cs clms against Rs Stuart Voisin are denied and dism'd.

Remarks

Professionals

Cs: (WS) J. Jerome Olitt, Arbn & Mediation Specialists, Stanford CT. Rs: (SC&Co & SV) Victor T. Sicuranza, New York, NY. ISC.

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Arbitrator Names

Jerome H. Levy; Richard P. Ryder, Esq.; Fred Shinagel

Award Breakdown

Cs Silverman clms, including punitive damages and atty fees, are denied. Cs pays Rs $2.8 as partial reimbursemt for atty fees expended by Rs in defense of the clms.

Remarks

Rs' MTD on Statute of Fraud grounds gtd. Cs sanctioned $2,800 as atty fees for bringing action in bad faith.

Professionals

Cs: Pro se. Rs: (RAD) Lloyd S. Clareman, Atty-at-Law, NYC NY.

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Arbitrator Names

Richard P. Ryder, Esq; Thomas A. Turley; Leon Goldsholl

Award Breakdown

Cs request for damages, atty fees, and punitive damages are denied. Other clmd is int. Rs CC, including int and punitive damages dismissed.

Remarks

Professionals

Cs: (F&Co & G&Co) Richard F. Market, NYC, NY, OSC. Cs: (ACGp) Andrew Petrie, Denver, CO, OSC. Rs: (RMK) None.

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Arbitrator Names

Richard W. Vallario, Esq. - Chair; Richard P. Ryder, Esq.; Margaret McQueeney

Award Breakdown

Rs The Harriman Gp and Ditosti are J&S liable to Cs for $10.5 in actual damages, plus pre- and post-judgmt int at 10% P/A, accruing from 1/1/97 until the date the award is satisfied. The "A Other" field reflects int is awarded. The Cs' request for travel expenses is denied.

Remarks

Professionals

Cs: Pro se. Rs: (DMD) Jonathon D. Warner, Warner & Joselson, NYC NY. Rs: (THGp) No-show.

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Arbitrator Names

Michael E. Curan, Esq. - Chair; Allen D. Sklar; Richard P. Ryder

Award Breakdown

Rs Island Secs is solely liable to Cs for $50.3 as actual damages. Cs requests for punitive damages and pre-judgmt int denied. All clms against Rs Newsome, Lee, Labeck, Bekhor, Duca and Galterio dism'd. Rs Island, Bekhor and Lee's cross-clm dism'd. "C Other" field reflects int clm.

Remarks

Notable. Rs Labeck and Duca dism'd due to fact that they received insufficient notice of this proceeding - jurisdictional issue.

Professionals

Cs: Steven J. Popkin, Sole Practitioner, Brooklyn NY. Rs: (ISecs, JESB & JL) Jeffrey H. Weinberger, Winick & Rich, Hackensack NJ. OSC. Rs: (FD & JJL) * - not served in timely manner and dism'd. Rs: (SN & MG) None.

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Arbitrator Names

James A. Francis, Esq. - Chair; Richard P. Ryder; Robert M. Axelrod

Award Breakdown

Rs Ryan is liable to Cs for $4,000, plus post-judgment int at the rate of 9% p/a from 30 days after the awd till paid. Cs clms for atty fees is denied. Rs CC for punitive damages and attyfees are denied. The "A Other" field reflects int awded in an unspecified amt.

Remarks

Professionals

Cs: (CCaptl) Steven Kevorkian, Chief Finl Officer, Westbury NY. ISC. Rs: (CGR) None.

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Arbitrator Names

Peter Byer, Esq.; Richard P. Ryder

Award Breakdown

Cs and Rs agreed to enter into a settlement agreeement. Pursuant to the agreement achieved through mediation, the parties' agreement to file an amended Form U-5 statement on behalf of Cs (reflected in "A Other" field). Rs CC for atty fees is dism'd.

Remarks

Cs and Rs agreed to enter into a settlement agreeement. Pursuant to the agreement achieved through mediation, the parties agreed to file a reformed Form U-5 on behalf of Cs. Rs ANZ is to file a reformed Form U-5 as to Porges setting forth the reasons for Porges' terminations by ANZ to reflect that Porges' departure was a "voluntary resignation by mutual consent." The Form U-5 shall be filed within five days of the panel's approval of said language.

Professionals

Cs: (SRP) Henry G. Burnett, Owen & Davis, NYC NY. Rs: (ANZSecs) Gary H. Glaser, Winston & Strawn, NYC NY. OSC.

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Arbitrator Names

Richard P. Ryder

Award Breakdown

Rs Kareem is liable to Cs for $3,200 in actual damages w/o pre-judgmt int (reflected in the "A Other" field) and $500 in atty fees pursuant to the Assn Agmt and Cs' request. Upon tendering full payment of the $3,700 awarded, Rs shall receive in exchange from Cs, a written assignment of Cs' rights in connection w/ the unsecured debit, designated W492-350707 in the S/Clm, in the amount of $3,200 plus int.

Remarks

Extensive Arbr Remarks & Findings regarding a Specific Performance.

Professionals

Cs: (GKNSecs) Katherine Nathan, Director of Litigation, NYC NY. ISC. Rs: (AK) None.

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Arbitrator Names

Donald R. Bluth - Chair; George W. Klein, Esq.; Richard P. Ryder, Esq.

Award Breakdown

This is a Stipulated Award. On 2/19/02, the parties settled this matter; requested the expungement of Rs Christopher M. Manettas' registration records maintained by the NASD CRD; and agreed to bear their own costs and attorney fees. Expungement recommended by the panel pursuant to a stipulation of the parties.

Remarks

This is a Stipulated Award. Arbr Remarks & Findings -- Expungement recommended by the panel pursuant to a stipulation of the parties.

Professionals

Cs: Jeremiah J. Moryko, Giulietti & Morytko, N Haven CT. Rs: (CMM) None. Previously represented by: Brian J. Neville, Kogan Taubman & Neville, New York, NY.

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Arbitrator Names

Richard P. Ryder, Esq. - Chair; Michael P. Golden; Stephanie Morse-Shamosh, Esq.

Award Breakdown

Cs' claims and request for damages are dismissed in their entirety. Rs' counterclaim is dismissed in its entirety.

Remarks

Professionals

Cs: (CRInc) Anthony Cantone & Christine Cantone, President & VP, Tinton Falls NJ. ISC. Previously represented by: Marc D. Powers, Parker Duryee et al., New York, NY. OSC. Rs: (EBG) Alan Wasserman, Wilentz Goldman & Spitzer, Woodbridge NJ.

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Arbitrator Names

Louis H. Miron, Esq. - Chair; Richard P. Ryder, Esq.; John W. Engelskirger

Award Breakdown

Rs SG Cowen Secs and SG Cowen Asset Mgmt are jointly and severally liable to Cs for $78,000 in compensatory damages plus pre-judgment interest of 9% per annum (reflected in the "A Other" field) from 11/9/01 to the date of the Award. Cs' request for attorney fees is denied. Rs' counterclaim for attorney fees is denied.

Remarks

Arbr Remarks & Findings -- Cs' clm for unpaid commission incentive payments is denied as insufficiently proved. The parties' opposing clms for atty fees are denied as insufficiently proved.

Professionals

Cs: (SMM) Steven J. Hyman, McLaughlin & Stern, NYC NY. Rs: (SGCSecs & SGCAMgmt) Lynn E. Judell, Andrews & Kurth, NYC NY. OSC. Judell was previously of Rosenthal Judell & Uchima, NYC NY. OSC.

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Arbitrator Names

Richard P. Ryder, Esq. - Chair; Gilbert F. Bach, Sr., Esq; Preston V. Pumphrey

Award Breakdown

Rs Dorman is liable to Cs for $14,600 in compensatory damages plus pre-judgment interest at the rate of 9% per annum from 11/15/02 through the date of Award and post-award interest at the legal rate commencing thirty days after the date of the Award if not paid in full (reflected in the "A Other" field). Cs' requests for punitive damages and attorneys' fees are denied. Rs' counterclaim based upon the frivolous nature of the claim and for sanctions in the form of attorneys' fees is denied.

Remarks

Arbr Remarks & Findings -- In an industry where many of us make transactions each and every working day valued in the tens of thousands of dollars to millions of dollars on our word alone, this industry is truly one where it is expected that "your word is your bond." Thus, if an oral agreement existed between the securities industry parties in this case, it is a valid binding agreement. If Rs did not believe an oral agreement existed, he should have so stated at the time the first draft contract was presented to him. In this case, whether the oral agreement was reduced to writing or not is no more a test of whether it was a binding agreement than whether a written confirmation of a trade was issued in a timely manner.

Professionals

Cs: (HDB&Co) Robert A. Giacovas & Spencer Mazyck, Lazare Potter et al., NYC NY. OSC. Rs: (AD) M. David Sayid & Edward J. DeParma, Sayid & Assocs, NYC NY.

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Arbitrator Names

Richard P. Gitter, Esq. - Chair; Melvin Lyon; Richard P. Ryder, Esq.

Award Breakdown

On or about 7/12/2004, NASD was notified that the Cs settled with Rs Cassese. On or about 11/2/2004, NASD was notified that the Cs settled with Rs Morgan Wilshire Securities, Fennan, Speranza, Carrillo and Maher. Rs Metelkin is solely liable to Cs for $40,000 in compensatory damages, which is inclusive of interest (reflected in the "A Other" field). Cs' request for punitive damages is denied. Rs' counterclaim request for damages is denied.

Remarks

Professionals

Cs: Theodore M. Davis, Attorney-at-Law, Brooklyn, NY. Previously pro se. Rs: (MWSInc, MJF, RJS, CC & ECM) Charles Carrillo, Chief Compliance Officer, Westbury, NY. ISC. Previously represented by: David B. Dyer, Secore & Waller, Dallas, TX. OSC. Rs: (DM) Pro se. Previously reperesented by: David B. Dyer, Secore & Waller, Dallas, TX. Rs: (BFC) No-show.

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