|
Arbitration
Decision Number: 2002-010930
New York Stock Exchange
|
In the matter
of Arbitration Between:
Henry
Andrechyn vs. Salomon Smith Barney and Glenn F. Malloy
|
|
Attorneys:
|
|
|
|
For
Claimant(s):
Alois Lemke Esq.
|
|
For
Respondent(s):
Joseph A. Sack Esq.
|
|
Date Filed: 10/31/2002
|
First Scheduled: 03/21/2003
|
Decided: 04/04/2003
|
|
Case Summary: Customer
vs. Member Firm and Registered Rep alleging failure to follow
instructions, fraud, breach of fiduciary duty, misrepresentations and
omissions, unsuitable transactions, lack of supervision and negligence.
Claimant seeks damages, interest, costs, attorneys fees and punitive damages.
|
|
Product: EQU
|
Market: OTHER
|
|
Claim Data
|
|
|
Claim
|
|
|
|
|
|
Claim:
|
$178,424.62
|
|
|
|
|
|
Punitive:
|
Uns
|
|
|
|
|
|
Atty Fees:
|
Uns
|
|
|
|
|
|
Deposit:
|
$750.00
|
|
|
|
|
|
Award Data
|
|
|
Award
|
|
|
|
|
|
Award:
|
$0.00
|
|
|
|
|
|
Punitive:
|
$0.00
|
|
|
|
|
|
Atty Fees:
|
$0.00
|
|
|
|
|
|
Costs:
|
$0.00
|
|
|
|
|
|
Case:
|
Henry Andrechyn vs. Salomon Smith Barney and Glenn F.
Malloy
|
|
Docket:
|
2002-010930
|
|
Decision: The
undersigned arbitrator(s) have decided and determined that in full and
final settlement of all claims between the parties that:
The
undersigned arbitrators have decided and determined in full and final
settlement of all claims between the parties that: the evidence did not
establish any reasonable basis for an award on any of the charges and
find in favor of the respondents. Claimant’s claims are denied in
their entirety. No compensatory or punitive damages. Each
side pays own attorneys fees, witness fees and expenses. Forum
fees to be split equally between parties.
|
|
Remarks:
Claimant
dismissed Jennifer George, initially named as a respondent in this
case, with prejudice on February 18, 2003.
|
|
The
undersigned arbitrators hereby affirm that they have executed this
instrument which is their award:
|
|
Arbitrators: (D=Dissents)
|
Signatures:
|
|
Richard E. Anderson, Amy W. Fellner, Burt H. McIntosh
|
|
|
City: Phoenix
|
State: AZ
|
Date: 04/04/2003
|
Docket#: 2002-010930
|
|
Sessions: 4
|
|
Hearing Dates:
03/20/2003 (2)
03/21/2003 (2)
|
|
